Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue Sells 1,242 Shares

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue sold 1,242 shares of the stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $35.00, for a total transaction of $43,470.00. Following the transaction, the executive vice president now owns 115,368 shares in the company, valued at approximately $4,037,880. This trade represents a 1.07 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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 value 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 value of $35,875.00.

Alpha and Omega Semiconductor Stock Up 0.8 %

NASDAQ AOSL opened at $35.53 on Wednesday. Alpha and Omega Semiconductor Limited has a 52 week low of $19.38 and a 52 week high of $53.29. The company has a quick ratio of 1.44, a current ratio of 2.65 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $1.03 billion, a P/E ratio of -53.03 and a beta of 2.48. The stock’s 50-day moving average price is $38.16 and its 200-day moving average price is $37.65.

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). The firm had revenue of $181.89 million for the quarter, compared to analysts’ expectations of $180.07 million. Alpha and Omega Semiconductor had a negative net margin of 2.94% and a positive return on equity of 0.19%. Alpha and Omega Semiconductor’s revenue for the quarter was up .7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.30 EPS. On average, equities research analysts predict that Alpha and Omega Semiconductor Limited will post -0.67 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. BNP Paribas Financial Markets boosted its stake in shares of Alpha and Omega Semiconductor by 4.9% in the third quarter. BNP Paribas Financial Markets now owns 10,853 shares of the semiconductor company’s stock worth $403,000 after acquiring an additional 508 shares during the period. Franklin Resources Inc. lifted its holdings in Alpha and Omega Semiconductor by 9.0% in the 3rd 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 in the last quarter. Truvestments Capital LLC bought a new position in Alpha and Omega Semiconductor in the 3rd quarter worth approximately $45,000. Point72 DIFC Ltd purchased a new stake in Alpha and Omega Semiconductor during the 2nd quarter valued at approximately $47,000. Finally, Wedge Capital Management L L P NC raised its position in shares of 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 valued at $1,822,000 after buying an additional 1,348 shares during the last quarter. Institutional investors own 78.97% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on AOSL shares. Benchmark reissued a “buy” rating and issued a $40.00 target price on shares of Alpha and Omega Semiconductor in a research report on Wednesday, November 6th. B. Riley dropped their price objective on shares of Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Stifel Nicolaus reduced 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. Finally, StockNews.com upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research note on Tuesday, December 24th.

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.