Alpha and Omega Semiconductor (NASDAQ:AOSL) EVP Bing Xue Sells 2,408 Shares

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue sold 2,408 shares of Alpha and Omega Semiconductor stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $21.92, for a total value of $52,783.36. Following the sale, the executive vice president owned 113,631 shares in the company, valued at $2,490,791.52. This trade represents a 2.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

• On Thursday, January 15th, Bing Xue sold 737 shares of Alpha and Omega Semiconductor stock. The shares were sold at an average price of $22.43, for a total transaction of $16,530.91.

Alpha and Omega Semiconductor Stock Down 0.6%

Shares of NASDAQ AOSL traded down $0.12 during mid-day trading on Wednesday, hitting $21.10. 230,545 shares of the company were exchanged, compared to its average volume of 344,976. Alpha and Omega Semiconductor Limited has a 1-year low of $15.90 and a 1-year high of $33.01. The firm has a market cap of $627.94 million, a price-to-earnings ratio of -6.08 and a beta of 1.99. The stock has a 50 day simple moving average of $21.77 and a 200-day simple moving average of $23.63.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings data on Thursday, February 5th. The semiconductor company reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.08). The business had revenue of $162.26 million for the quarter, compared to analyst estimates of $160.67 million. Alpha and Omega Semiconductor had a negative return on equity of 3.78% and a negative net margin of 15.06%.The company’s revenue was down 6.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.09 EPS. Analysts anticipate that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research report on Wednesday, January 21st. Wall Street Zen downgraded shares of Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a research note on Saturday, February 7th. Zacks Research downgraded shares of Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 10th. Finally, Stifel Nicolaus dropped their target price on Alpha and Omega Semiconductor from $24.00 to $22.00 and set a “hold” rating on the stock in a report on Friday, February 6th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Alpha and Omega Semiconductor has an average rating of “Reduce” and a consensus target price of $23.67.

Hedge Funds Weigh In On Alpha and Omega Semiconductor

Institutional investors have recently modified their holdings of the company. Hantz Financial Services Inc. increased its holdings in shares of Alpha and Omega Semiconductor by 634.8% in the third quarter. Hantz Financial Services Inc. now owns 1,036 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 895 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in Alpha and Omega Semiconductor by 49.0% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,533 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 504 shares during the period. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Alpha and Omega Semiconductor during the third quarter worth approximately $62,000. CWM LLC lifted its position in Alpha and Omega Semiconductor by 20.0% in the 3rd quarter. CWM LLC now owns 2,314 shares of the semiconductor company’s stock worth $65,000 after buying an additional 386 shares in the last quarter. Finally, Strs Ohio acquired a new stake in Alpha and Omega Semiconductor during the first quarter valued at $70,000. Institutional investors own 78.97% of the company’s stock.

Alpha and Omega Semiconductor Company Profile

Alpha and Omega Semiconductor Limited (NASDAQ: AOSL) is a designer and supplier of power semiconductor components used in power management applications across a range of electronic systems. The company offers a broad portfolio of discrete and integrated power devices, including power MOSFETs, rectifiers, voltage regulators, and power management ICs. These products are optimized for high efficiency, compact form factors and thermal performance, catering to the growing demands of energy-sensitive applications in computing, consumer electronics, communications and industrial markets.

Since its founding in 2000, Alpha and Omega Semiconductor has leveraged in-house design expertise and strategic partnerships with manufacturing facilities to deliver scalable, high-volume production.