Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue Sells 1,883 Shares

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue sold 1,883 shares of the business’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $47.38, for a total value of $89,216.54. Following the completion of the transaction, the executive vice president now directly owns 127,103 shares of the company’s stock, valued at approximately $6,022,140.14. This trade represents a 1.46 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Tuesday, December 3rd, Bing Xue sold 875 shares of Alpha and Omega Semiconductor stock. The shares were sold at an average price of $41.00, for a total value of $35,875.00.

Alpha and Omega Semiconductor Trading Down 4.2 %

Shares of AOSL stock opened at $45.20 on Monday. The stock has a 50 day simple moving average of $36.82 and a 200-day simple moving average of $36.51. Alpha and Omega Semiconductor Limited has a 1-year low of $19.38 and a 1-year high of $53.29. The company has a market cap of $1.31 billion, a price-to-earnings ratio of -67.46 and a beta of 2.48. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.65 and a quick ratio of 1.44.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released 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). Alpha and Omega Semiconductor had a positive return on equity of 0.19% and a negative net margin of 2.94%. The company had revenue of $181.89 million for the quarter, compared to analyst estimates of $180.07 million. During the same quarter last year, the company earned $0.30 EPS. The firm’s revenue for the quarter was up .7% on a year-over-year basis. On average, equities research analysts expect that Alpha and Omega Semiconductor Limited will post -0.67 EPS for the current fiscal year.

Analyst Ratings Changes

AOSL has been the topic of a number of analyst reports. 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 research note on Wednesday, November 6th. B. Riley dropped their price target on shares of Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. StockNews.com cut shares of Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a report on Wednesday, December 11th. Finally, Benchmark reissued a “buy” rating and set a $40.00 target price on shares of Alpha and Omega Semiconductor in a research note on Wednesday, November 6th.

Institutional Investors Weigh In On Alpha and Omega Semiconductor

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. State Street Corp grew its holdings in Alpha and Omega Semiconductor by 33.2% in the 3rd quarter. State Street Corp now owns 1,341,290 shares of the semiconductor company’s stock valued at $49,789,000 after buying an additional 334,657 shares in the last quarter. Point72 Asset Management L.P. boosted its position in shares of Alpha and Omega Semiconductor by 110.1% during the 3rd quarter. Point72 Asset Management L.P. now owns 471,535 shares of the semiconductor company’s stock valued at $17,503,000 after acquiring an additional 247,051 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Alpha and Omega Semiconductor by 15.2% in the second quarter. The Manufacturers Life Insurance Company now owns 1,284,650 shares of the semiconductor company’s stock valued at $48,007,000 after purchasing an additional 169,619 shares during the period. Millennium Management LLC increased its position in Alpha and Omega Semiconductor by 867.6% during the second quarter. Millennium Management LLC now owns 137,280 shares of the semiconductor company’s stock worth $5,130,000 after purchasing an additional 123,093 shares during the last quarter. Finally, Algert Global LLC raised its stake in Alpha and Omega Semiconductor by 172.8% during the third quarter. Algert Global LLC now owns 89,920 shares of the semiconductor company’s stock worth $3,338,000 after purchasing an additional 56,962 shares during the period. Institutional investors and hedge funds 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.