Mike F. Chang Sells 56,400 Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSLGet Rating) CEO Mike F. Chang sold 56,400 shares of the stock in a transaction on Monday, January 9th. The stock was sold at an average price of $29.96, for a total transaction of $1,689,744.00. Following the transaction, the chief executive officer now directly owns 4,352,210 shares in the company, valued at $130,392,211.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Alpha and Omega Semiconductor Trading Up 2.0 %

Shares of NASDAQ:AOSL opened at $30.20 on Wednesday. The company has a market cap of $827.72 million, a P/E ratio of 1.88 and a beta of 2.43. The stock’s 50-day moving average is $32.28 and its 200-day moving average is $34.35. Alpha and Omega Semiconductor Limited has a 52-week low of $27.38 and a 52-week high of $69.99. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.57 and a current ratio of 2.24.

Alpha and Omega Semiconductor (NASDAQ:AOSLGet Rating) last issued its quarterly earnings results on Thursday, November 3rd. The semiconductor company reported $0.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.96 by ($0.12). Alpha and Omega Semiconductor had a net margin of 57.04% and a return on equity of 11.60%. The firm had revenue of $208.48 million for the quarter, compared to the consensus estimate of $210.00 million. Equities research analysts predict that Alpha and Omega Semiconductor Limited will post 2.07 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. StockNews.com assumed coverage on Alpha and Omega Semiconductor in a research report on Wednesday, October 12th. They issued a “hold” rating on the stock. B. Riley lowered their price target on Alpha and Omega Semiconductor from $45.00 to $38.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 4th.

Hedge Funds Weigh In On Alpha and Omega Semiconductor

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD increased its stake in Alpha and Omega Semiconductor by 2.6% during the second quarter. Price T Rowe Associates Inc. MD now owns 12,137 shares of the semiconductor company’s stock valued at $405,000 after acquiring an additional 311 shares during the period. Royal Bank of Canada increased its stake in Alpha and Omega Semiconductor by 5.1% during the third quarter. Royal Bank of Canada now owns 8,122 shares of the semiconductor company’s stock valued at $250,000 after acquiring an additional 393 shares during the period. Oregon Public Employees Retirement Fund increased its stake in Alpha and Omega Semiconductor by 6.3% during the third quarter. Oregon Public Employees Retirement Fund now owns 7,350 shares of the semiconductor company’s stock valued at $226,000 after acquiring an additional 434 shares during the period. Arizona State Retirement System increased its stake in Alpha and Omega Semiconductor by 7.9% during the second quarter. Arizona State Retirement System now owns 6,152 shares of the semiconductor company’s stock valued at $205,000 after acquiring an additional 448 shares during the period. Finally, US Bancorp DE boosted its holdings in Alpha and Omega Semiconductor by 72.6% during the second quarter. US Bancorp DE now owns 1,434 shares of the semiconductor company’s stock valued at $48,000 after purchasing an additional 603 shares in the last quarter. 67.59% of the stock is currently owned by institutional investors.

Alpha and Omega Semiconductor Company Profile

(Get Rating)

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.

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