Alpha and Omega Semiconductor Ltd. (NASDAQ:AOSL) CEO Mike F. Chang sold 50,000 shares of the company’s stock in a transaction on Monday, October 10th. The shares were sold at an average price of $22.64, for a total transaction of $1,132,000.00. The transaction was disclosed in a filing with the SEC, which is available at this link.

Shares of Alpha and Omega Semiconductor Ltd. (NASDAQ:AOSL) opened at 22.06 on Thursday. The stock’s market capitalization is $501.98 million. The stock has a 50 day moving average of $21.42 and a 200-day moving average of $15.95. Alpha and Omega Semiconductor Ltd. has a 52-week low of $8.02 and a 52-week high of $23.27.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its earnings results on Wednesday, August 10th. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.09. Alpha and Omega Semiconductor had a negative return on equity of 0.91% and a negative net margin of 0.87%. The business earned $91.40 million during the quarter, compared to the consensus estimate of $87.50 million. Analysts predict that Alpha and Omega Semiconductor Ltd. will post $0.37 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Alpha and Omega Semiconductor (NASDAQ:AOSL)

Several brokerages have commented on AOSL. B. Riley restated a “buy” rating and issued a $26.00 price objective on shares of Alpha and Omega Semiconductor in a report on Monday, October 3rd. Zacks Investment Research upgraded shares of Alpha and Omega Semiconductor from a “hold” rating to a “strong-buy” rating and set a $22.00 price objective for the company in a report on Tuesday, August 16th. Finally, TheStreet upgraded shares of Alpha and Omega Semiconductor from a “hold” rating to a “buy” rating in a report on Wednesday, August 10th. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $18.00.

Hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. increased its stake in Alpha and Omega Semiconductor by 1,252.2% in the second quarter. BlackRock Inc. now owns 9,249 shares of the company’s stock valued at $129,000 after buying an additional 8,565 shares during the last quarter. Royal Bank of Canada increased its stake in Alpha and Omega Semiconductor by 27,298.0% in the first quarter. Royal Bank of Canada now owns 13,699 shares of the company’s stock valued at $162,000 after buying an additional 13,649 shares during the last quarter. Boothbay Fund Management LLC purchased a new stake in Alpha and Omega Semiconductor during the first quarter valued at $190,000. Allianz Asset Management AG purchased a new stake in Alpha and Omega Semiconductor during the second quarter valued at $232,000. Finally, Eagle Global Advisors LLC increased its stake in Alpha and Omega Semiconductor by 66.7% in the second quarter. Eagle Global Advisors LLC now owns 21,440 shares of the company’s stock valued at $299,000 after buying an additional 8,580 shares during the last quarter. Institutional investors and hedge funds own 65.09% of the company’s stock.

About Alpha and Omega Semiconductor

Alpha and Omega Semiconductor Limited is a designer, developer and global supplier of power semiconductors. The Company’s portfolio of products targets high-volume applications, including personal computers, flat panel televisions (TVs), light-emitting diode (LED) lighting, smart phones, battery packs, consumer and industrial motor controls and power supplies for TVs, computers, servers and telecommunications equipment.

5 Day Chart for NASDAQ:AOSL

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