Insider Selling: Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Sells $43,470.00 in Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue sold 1,242 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $35.00, for a total value of $43,470.00. Following the sale, the executive vice president now directly owns 115,368 shares of the company’s stock, valued at $4,037,880. This represents a 1.07 % decrease in their ownership of the stock. 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 Thursday, December 12th, Bing Xue sold 1,883 shares of Alpha and Omega Semiconductor stock. The stock was 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 transaction of $35,875.00.

Alpha and Omega Semiconductor Stock Performance

Shares of AOSL stock opened at $38.31 on Friday. The firm has a market cap of $1.11 billion, a price-to-earnings ratio of -57.18 and a beta of 2.48. 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’s 50 day moving average is $38.56 and its 200 day moving average is $37.65.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings results 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). The company had revenue of $181.89 million during 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%. The company’s revenue was up .7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.30 earnings per share. On average, sell-side analysts anticipate that Alpha and Omega Semiconductor Limited will post -0.67 EPS for the current fiscal year.

Institutional Trading of Alpha and Omega Semiconductor

Several hedge funds have recently modified their holdings of AOSL. Truvestments Capital LLC purchased a new stake in shares of Alpha and Omega Semiconductor during the 3rd quarter valued at $45,000. Point72 DIFC Ltd acquired a new position in Alpha and Omega Semiconductor during the 2nd quarter valued at about $47,000. Hollencrest Capital Management purchased a new stake in Alpha and Omega Semiconductor in the third quarter valued at about $56,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Alpha and Omega Semiconductor in the second quarter worth about $62,000. Finally, Farther Finance Advisors LLC grew its stake in shares of Alpha and Omega Semiconductor by 10,937.5% during the third quarter. Farther Finance Advisors LLC now owns 1,766 shares of the semiconductor company’s stock worth $66,000 after acquiring an additional 1,750 shares during the last quarter. 78.97% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AOSL has been the topic of a number of research analyst reports. Stifel Nicolaus dropped their target price 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 reduced their price objective on 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. StockNews.com upgraded Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Tuesday, December 24th. Finally, Benchmark restated a “buy” rating and set a $40.00 price target on shares of Alpha and Omega Semiconductor in a research note on Wednesday, November 6th.

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.