Bing Xue Sells 875 Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSLGet Rating) EVP Bing Xue sold 875 shares of the firm’s stock in a transaction on Thursday, September 22nd. The stock was sold at an average price of $33.68, for a total value of $29,470.00. Following the completion of the transaction, the executive vice president now owns 57,739 shares of the company’s stock, valued at approximately $1,944,649.52. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

  • On Tuesday, August 16th, Bing Xue sold 2,307 shares of Alpha and Omega Semiconductor stock. The stock was sold at an average price of $43.09, for a total value of $99,408.63.
  • On Monday, July 18th, Bing Xue sold 1,989 shares of Alpha and Omega Semiconductor stock. The shares were sold at an average price of $35.89, for a total value of $71,385.21.

Alpha and Omega Semiconductor Stock Performance

AOSL traded down $1.50 on Thursday, reaching $32.51. The company had a trading volume of 261,622 shares, compared to its average volume of 580,434. Alpha and Omega Semiconductor Limited has a 1 year low of $28.74 and a 1 year high of $69.99. The stock has a market capitalization of $880.01 million, a PE ratio of 2.03 and a beta of 2.49. The company has a quick ratio of 1.47, a current ratio of 2.06 and a debt-to-equity ratio of 0.06. The stock has a 50-day moving average price of $38.47 and a 200-day moving average price of $41.61.

Alpha and Omega Semiconductor (NASDAQ:AOSLGet Rating) last announced its earnings results on Wednesday, August 10th. The semiconductor company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.86 by $0.09. The business had revenue of $193.96 million during the quarter, compared to analysts’ expectations of $190.00 million. Alpha and Omega Semiconductor had a net margin of 58.28% and a return on equity of 12.93%. The business’s revenue was up 9.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.76 earnings per share. As a group, research analysts forecast that Alpha and Omega Semiconductor Limited will post 3.5 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

AOSL has been the topic of several research analyst reports. B. Riley lifted their price objective on Alpha and Omega Semiconductor from $42.00 to $45.00 in a report on Thursday, August 11th. Benchmark reduced their price target on shares of Alpha and Omega Semiconductor from $70.00 to $60.00 and set a “buy” rating on the stock in a research report on Thursday, August 11th. Finally, TheStreet downgraded shares of Alpha and Omega Semiconductor from a “b-” rating to a “c+” rating in a report on Wednesday, June 29th.

Institutional Trading of Alpha and Omega Semiconductor

Several large investors have recently modified their holdings of the business. SeaCrest Wealth Management LLC purchased a new position in shares of Alpha and Omega Semiconductor during the second quarter valued at approximately $25,000. First Horizon Advisors Inc. purchased a new position in shares of Alpha and Omega Semiconductor in the 1st quarter valued at $27,000. Truvestments Capital LLC purchased a new position in shares of Alpha and Omega Semiconductor in the 2nd quarter valued at $31,000. First Quadrant LLC CA acquired a new stake in Alpha and Omega Semiconductor during the 1st quarter valued at $42,000. Finally, Captrust Financial Advisors acquired a new stake in Alpha and Omega Semiconductor during the 1st quarter valued at $45,000. 67.27% of the stock is currently owned by institutional investors and hedge funds.

About Alpha and Omega Semiconductor

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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.

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