Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Sells $43,470.00 in Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue sold 1,242 shares of the firm’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $35.00, for a total transaction of $43,470.00. Following the sale, the executive vice president now owns 115,368 shares of the company’s stock, valued at $4,037,880. This trade represents a 1.07 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

• On Thursday, December 12th, Bing Xue sold 1,883 shares of Alpha and Omega Semiconductor stock. The shares were sold at an average price of $47.38, for a total transaction of $89,216.54.
• On Tuesday, December 3rd, Bing Xue sold 875 shares of Alpha and Omega Semiconductor stock. The stock was sold at an average price of $41.00, for a total transaction of $35,875.00.

Alpha and Omega Semiconductor Price Performance

Alpha and Omega Semiconductor stock opened at $36.67 on Thursday. The firm has a market capitalization of $1.06 billion, a P/E ratio of -54.73 and a beta of 2.48. Alpha and Omega Semiconductor Limited has a one year low of $19.38 and a one year high of $53.29. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.65 and a quick ratio of 1.44. The business has a fifty day moving average price of $38.34 and a 200-day moving average price of $37.65.

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

Analysts Set New Price Targets

AOSL has been the subject of a number of recent research reports. B. Riley decreased their target price on Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th. StockNews.com raised Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Tuesday, December 24th. Stifel Nicolaus dropped their price objective on shares of Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating on the stock in a report on Wednesday, November 6th. Finally, Benchmark reiterated a “buy” rating and set a $40.00 target price on shares of Alpha and Omega Semiconductor in a research report on Wednesday, November 6th.

Hedge Funds Weigh In On Alpha and Omega Semiconductor

Several hedge funds have recently bought and sold shares of the company. BNP Paribas Financial Markets lifted its stake in Alpha and Omega Semiconductor by 4.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 10,853 shares of the semiconductor company’s stock worth $403,000 after purchasing an additional 508 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Alpha and Omega Semiconductor by 9.0% in the third quarter. Franklin Resources Inc. now owns 13,276 shares of the semiconductor company’s stock worth $510,000 after purchasing an additional 1,096 shares during the period. Truvestments Capital LLC purchased a new stake in shares of Alpha and Omega Semiconductor in the third quarter worth $45,000. Point72 DIFC Ltd bought a new stake in Alpha and Omega Semiconductor during the second quarter valued at $47,000. Finally, Wedge Capital Management L L P NC grew its position in Alpha and Omega Semiconductor by 2.8% during the third quarter. Wedge Capital Management L L P NC now owns 49,085 shares of the semiconductor company’s stock worth $1,822,000 after buying an additional 1,348 shares in the last quarter. Hedge funds and other institutional investors own 78.97% of the company’s stock.

About Alpha and Omega Semiconductor

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.