Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Sells $89,216.54 in Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue sold 1,883 shares of Alpha and Omega Semiconductor stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $47.38, for a total transaction of $89,216.54. Following the completion of the transaction, the executive vice president now directly owns 127,103 shares in the company, valued at $6,022,140.14. This represents a 1.46 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Bing Xue also recently made the following trade(s):

• On Tuesday, December 3rd, Bing Xue sold 875 shares of Alpha and Omega Semiconductor stock. The shares were sold at an average price of $41.00, for a total value of $35,875.00.

Alpha and Omega Semiconductor Stock Down 4.2 %

Shares of AOSL stock opened at $45.20 on Friday. Alpha and Omega Semiconductor Limited has a fifty-two week low of $19.38 and a fifty-two week high of $53.29. The firm has a market capitalization of $1.31 billion, a PE ratio of -67.46 and a beta of 2.48. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.44 and a current ratio of 2.65. The stock’s 50-day simple moving average is $36.82 and its 200-day simple moving average is $36.46.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.01). Alpha and Omega Semiconductor had a positive return on equity of 0.19% and a negative net margin of 2.94%. The business had revenue of $181.89 million during the quarter, compared to analyst estimates of $180.07 million. During the same quarter last year, the company posted $0.30 EPS. Alpha and Omega Semiconductor’s quarterly revenue was up .7% compared to the same quarter last year. Equities analysts expect that Alpha and Omega Semiconductor Limited will post -0.67 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Stifel Nicolaus reduced their target price on Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating on the stock in a research report on Wednesday, November 6th. StockNews.com downgraded shares of Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a report on Wednesday. Benchmark reiterated a “buy” rating and issued a $40.00 target price on shares of Alpha and Omega Semiconductor in a research note on Wednesday, November 6th. Finally, B. Riley decreased their price target on shares of Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating for the company in a report on Tuesday, November 5th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AOSL. Franklin Resources Inc. raised its stake in shares of Alpha and Omega Semiconductor by 9.0% during the 3rd quarter. Franklin Resources Inc. now owns 13,276 shares of the semiconductor company’s stock valued at $510,000 after buying an additional 1,096 shares during the last quarter. Barclays PLC raised its position in Alpha and Omega Semiconductor by 367.4% during the third quarter. Barclays PLC now owns 40,359 shares of the semiconductor company’s stock valued at $1,498,000 after acquiring an additional 31,725 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Alpha and Omega Semiconductor by 5.7% in the third quarter. Geode Capital Management LLC now owns 578,705 shares of the semiconductor company’s stock valued at $21,486,000 after acquiring an additional 31,286 shares during the period. Zacks Investment Management boosted its position in Alpha and Omega Semiconductor by 12.1% in the 3rd quarter. Zacks Investment Management now owns 67,367 shares of the semiconductor company’s stock worth $2,501,000 after purchasing an additional 7,294 shares in the last quarter. Finally, Jane Street Group LLC grew its stake in shares of Alpha and Omega Semiconductor by 77.2% during the 3rd quarter. Jane Street Group LLC now owns 55,243 shares of the semiconductor company’s stock worth $2,051,000 after purchasing an additional 24,067 shares during the period. 78.97% of the stock is currently owned by institutional investors and hedge funds.

Alpha and Omega Semiconductor Company Profile

Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications in Hong Kong, China, South Korea, the United States, and internationally. It offers power discrete products, including metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors for use in smart phone chargers, battery packs, notebooks, desktop and servers, data centers, base stations, graphics card, game boxes, TVs, AC adapters, power supplies, motor control, power tools, E-vehicles, white goods and industrial motor drives, UPS systems, solar inverters, and industrial welding.