Alpha and Omega Semiconductor Ltd. (NASDAQ:AOSL) VP Daniel Kuang Ming Chang sold 3,731 shares of Alpha and Omega Semiconductor stock in a transaction dated Tuesday, November 22nd. The shares were sold at an average price of $22.90, for a total value of $85,439.90. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Alpha and Omega Semiconductor Ltd. (NASDAQ:AOSL) opened at 22.57 on Friday. The stock has a market capitalization of $525.77 million, a PE ratio of 217.02 and a beta of 0.54. Alpha and Omega Semiconductor Ltd. has a 12-month low of $8.02 and a 12-month high of $23.27. The company has a 50-day moving average price of $21.38 and a 200-day moving average price of $17.76.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its earnings results on Thursday, November 3rd. The company reported $0.19 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.06. Alpha and Omega Semiconductor had a return on equity of 1.24% and a net margin of 0.67%. The company had revenue of $97.40 million for the quarter, compared to analyst estimates of $95.43 million. The firm’s quarterly revenue was up 19.6% compared to the same quarter last year. Analysts expect that Alpha and Omega Semiconductor Ltd. will post $0.49 earnings per share for the current fiscal year.

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

AOSL has been the topic of a number of analyst reports. B. Riley cut Alpha and Omega Semiconductor from a “buy” rating to a “neutral” rating in a research report on Tuesday, September 13th. TheStreet raised Alpha and Omega Semiconductor from a “hold” rating to a “buy” rating in a research report on Wednesday, August 10th. Finally, Zacks Investment Research raised Alpha and Omega Semiconductor from a “hold” rating to a “strong-buy” rating and set a $22.00 price objective on the stock in a research report on Tuesday, August 16th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Alpha and Omega Semiconductor currently has a consensus rating of “Buy” and an average target price of $18.75.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP raised its position in shares of Alpha and Omega Semiconductor by 7.4% in the second quarter. Dimensional Fund Advisors LP now owns 1,903,817 shares of the company’s stock worth $26,520,000 after buying an additional 131,856 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Alpha and Omega Semiconductor by 38.3% in the third quarter. JPMorgan Chase & Co. now owns 1,394,109 shares of the company’s stock worth $30,280,000 after buying an additional 385,824 shares in the last quarter. Acadian Asset Management LLC raised its position in shares of Alpha and Omega Semiconductor by 56.8% in the third quarter. Acadian Asset Management LLC now owns 889,393 shares of the company’s stock worth $19,316,000 after buying an additional 322,135 shares in the last quarter. Numeric Investors LLC raised its position in shares of Alpha and Omega Semiconductor by 257.7% in the second quarter. Numeric Investors LLC now owns 770,402 shares of the company’s stock worth $10,732,000 after buying an additional 555,017 shares in the last quarter. Finally, BlackRock Institutional Trust Company N.A. raised its position in shares of Alpha and Omega Semiconductor by 13.8% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 744,309 shares of the company’s stock worth $16,166,000 after buying an additional 90,052 shares in the last quarter. 68.52% of the stock is currently owned by institutional investors and hedge funds.

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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 power semiconductors includes approximately 1,600 products, as of June 30, 2016. The Company’s product portfolio consists of two categories: power discretes and power integrated circuits (ICs).

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