Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Sells $38,278.92 in Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue sold 1,956 shares of the business’s stock in a transaction that occurred on Monday, April 22nd. The stock was sold at an average price of $19.57, for a total value of $38,278.92. Following the completion of the transaction, the executive vice president now directly owns 130,082 shares in the company, valued at $2,545,704.74. The sale was disclosed in a legal filing with the SEC, which is available through this link.

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

• On Wednesday, March 20th, Bing Xue sold 4,401 shares of Alpha and Omega Semiconductor stock. The stock was sold at an average price of $20.56, for a total value of $90,484.56.
• On Wednesday, February 14th, Bing Xue sold 14,292 shares of Alpha and Omega Semiconductor stock. The stock was sold at an average price of $22.77, for a total value of $325,428.84.

Alpha and Omega Semiconductor Stock Up 5.1 %

NASDAQ:AOSL opened at $21.21 on Thursday. The stock’s fifty day moving average price is $22.01 and its two-hundred day moving average price is $23.90. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.33 and a current ratio of 2.52. The company has a market cap of $599.82 million, a price-to-earnings ratio of -33.67 and a beta of 2.39. Alpha and Omega Semiconductor Limited has a 52-week low of $19.38 and a 52-week high of $35.40.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings results on Tuesday, February 6th. The semiconductor company reported ($0.06) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.04. The company had revenue of $165.29 million for the quarter, compared to the consensus estimate of $165.00 million. Alpha and Omega Semiconductor had a positive return on equity of 0.64% and a negative net margin of 2.68%. On average, analysts anticipate that Alpha and Omega Semiconductor Limited will post -0.5 EPS for the current year.

Wall Street Analysts Forecast Growth

AOSL has been the topic of several recent analyst reports. Stifel Nicolaus reduced their target price on Alpha and Omega Semiconductor from $23.00 to $21.00 and set a “sell” rating on the stock in a report on Thursday, April 18th. B. Riley raised Alpha and Omega Semiconductor from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $28.00 to $34.00 in a report on Tuesday, January 2nd. Finally, StockNews.com raised Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Wednesday, March 6th.

Hedge Funds Weigh In On Alpha and Omega Semiconductor

Several hedge funds have recently modified their holdings of the stock. Wedge Capital Management L L P NC acquired a new stake in Alpha and Omega Semiconductor in the 3rd quarter valued at about $1,046,000. Counterpoint Mutual Funds LLC bought a new stake in shares of Alpha and Omega Semiconductor during the third quarter worth $114,000. Raymond James & Associates grew its stake in shares of Alpha and Omega Semiconductor by 10.0% during the third quarter. Raymond James & Associates now owns 17,977 shares of the semiconductor company’s stock worth $536,000 after buying an additional 1,632 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Alpha and Omega Semiconductor by 56.3% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,496 shares of the semiconductor company’s stock worth $164,000 after buying an additional 1,979 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Alpha and Omega Semiconductor during the third quarter worth $310,000. Institutional investors own 78.97% of the company’s stock.

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.