Claudia Chen Sells 5,623 Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Director Claudia Chen sold 5,623 shares of Alpha and Omega Semiconductor stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $51.27, for a total transaction of $288,291.21. Following the transaction, the director now owns 26,572 shares of the company’s stock, valued at $1,362,346.44. The trade was a 17.47 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Alpha and Omega Semiconductor Trading Up 2.5 %

NASDAQ:AOSL opened at $48.43 on Friday. The company has a current ratio of 2.65, a quick ratio of 1.44 and a debt-to-equity ratio of 0.03. Alpha and Omega Semiconductor Limited has a 12 month low of $19.38 and a 12 month high of $53.29. The company has a market cap of $1.41 billion, a PE ratio of -72.28 and a beta of 2.48. The company has a 50 day simple moving average of $35.71 and a two-hundred day simple moving average of $35.77.

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

Analysts Set New Price Targets

Several equities analysts have recently issued reports on AOSL shares. StockNews.com lowered shares of Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a report on Monday, December 2nd. Stifel Nicolaus lowered their target price on shares of Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating for the company in a report on Wednesday, November 6th. Benchmark reiterated a “buy” rating and set a $40.00 target price on shares of Alpha and Omega Semiconductor in a report on Wednesday, November 6th. Finally, B. Riley decreased their price objective 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 Investors Weigh In On Alpha and Omega Semiconductor

A number of hedge funds have recently modified their holdings of the business. Gladius Capital Management LP bought a new position in Alpha and Omega Semiconductor in the 2nd quarter worth $36,000. Truvestments Capital LLC bought a new position in Alpha and Omega Semiconductor in the 3rd quarter worth $45,000. Point72 DIFC Ltd bought a new position in Alpha and Omega Semiconductor in the 2nd quarter worth $47,000. Hollencrest Capital Management bought a new position in Alpha and Omega Semiconductor in the 3rd quarter worth $56,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in Alpha and Omega Semiconductor in the 2nd quarter worth $62,000. 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.