Alpha and Omega Semiconductor (NASDAQ:AOSL) EVP Sells $57,176.72 in Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue sold 1,832 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $31.21, for a total value of $57,176.72. Following the sale, the executive vice president directly owned 132,617 shares of the company’s stock, valued at $4,138,976.57. This represents a 1.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Monday, March 16th, Bing Xue sold 2,408 shares of Alpha and Omega Semiconductor stock. The stock was sold at an average price of $21.92, for a total value of $52,783.36.

Alpha and Omega Semiconductor Stock Performance

Shares of AOSL stock opened at $40.68 on Thursday. Alpha and Omega Semiconductor Limited has a 52-week low of $16.99 and a 52-week high of $45.22. The firm has a market capitalization of $1.21 billion, a P/E ratio of -11.72 and a beta of 1.94. The stock has a 50 day moving average price of $23.95 and a 200 day moving average price of $23.25.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its quarterly earnings results on Thursday, February 5th. The semiconductor company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.08). Alpha and Omega Semiconductor had a negative return on equity of 3.78% and a negative net margin of 15.06%.The business had revenue of $162.26 million for the quarter, compared to the consensus estimate of $160.67 million. During the same period in the prior year, the business posted $0.09 earnings per share. Alpha and Omega Semiconductor’s revenue was down 6.3% on a year-over-year basis. As a group, sell-side analysts forecast that Alpha and Omega Semiconductor Limited will post -1.65 EPS for the current year.

Institutional Investors Weigh In On Alpha and Omega Semiconductor

Institutional investors and hedge funds have recently bought and sold shares of the company. SG Americas Securities LLC bought a new stake in Alpha and Omega Semiconductor during the 3rd quarter valued at $3,559,000. Acuitas Investments LLC increased its holdings in shares of Alpha and Omega Semiconductor by 38.6% in the 3rd quarter. Acuitas Investments LLC now owns 240,920 shares of the semiconductor company’s stock valued at $6,736,000 after acquiring an additional 67,100 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Alpha and Omega Semiconductor by 72.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 158,844 shares of the semiconductor company’s stock worth $4,441,000 after purchasing an additional 66,723 shares during the last quarter. Massachusetts Financial Services Co. MA bought a new stake in Alpha and Omega Semiconductor during the fourth quarter valued at about $563,000. Finally, Numerai GP LLC boosted its position in Alpha and Omega Semiconductor by 37.6% during the third quarter. Numerai GP LLC now owns 89,695 shares of the semiconductor company’s stock valued at $2,508,000 after purchasing an additional 24,492 shares in the last quarter. 78.97% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on AOSL shares. Stifel Nicolaus decreased their price target on Alpha and Omega Semiconductor from $24.00 to $22.00 and set a “hold” rating for the company in a research note on Friday, February 6th. B. Riley Financial lifted their target price on Alpha and Omega Semiconductor from $19.00 to $25.00 and gave the company a “neutral” rating in a research report on Monday, April 13th. Wall Street Zen lowered Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a research report on Saturday, February 7th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research report on Monday. Finally, Zacks Research raised Alpha and Omega Semiconductor from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $24.00.

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.