Insider Selling: Alpha and Omega Semiconductor (NASDAQ:AOSL) CFO Sells $810,624.69 in Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) CFO Yifan Liang sold 26,517 shares of the company’s stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $30.57, for a total transaction of $810,624.69. Following the sale, the chief financial officer directly owned 278,628 shares in the company, valued at $8,517,657.96. This trade represents a 8.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Alpha and Omega Semiconductor Trading Up 8.6%

Alpha and Omega Semiconductor stock opened at $33.88 on Friday. The firm’s 50 day simple moving average is $22.80 and its 200 day simple moving average is $22.99. The firm has a market capitalization of $1.01 billion, a PE ratio of -9.76 and a beta of 1.94. Alpha and Omega Semiconductor Limited has a 1-year low of $15.90 and a 1-year high of $35.70.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its earnings results 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 firm had revenue of $162.26 million for the quarter, compared to the consensus estimate 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 business’s revenue was down 6.3% on a year-over-year basis. During the same period last year, the company posted $0.09 EPS. Research analysts forecast that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current year.

Institutional Investors Weigh In On Alpha and Omega Semiconductor

Institutional investors have recently made changes to their positions in the business. Hantz Financial Services Inc. boosted its stake in shares of Alpha and Omega Semiconductor by 634.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,036 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 895 shares in the last quarter. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Alpha and Omega Semiconductor in the 3rd quarter valued at $62,000. CWM LLC boosted its stake in shares of Alpha and Omega Semiconductor by 20.0% in the 3rd quarter. CWM LLC now owns 2,314 shares of the semiconductor company’s stock valued at $65,000 after purchasing an additional 386 shares in the last quarter. Strs Ohio purchased a new stake in shares of Alpha and Omega Semiconductor in the 1st quarter valued at $70,000. Finally, iSAM Funds UK Ltd purchased a new stake in shares of Alpha and Omega Semiconductor in the 3rd quarter valued at $91,000. Hedge funds and other institutional investors own 78.97% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on AOSL shares. B. Riley Financial increased their price target on shares of Alpha and Omega Semiconductor from $19.00 to $25.00 and gave the stock a “neutral” rating in a report on Monday, April 13th. Wall Street Zen lowered shares of Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a report on Saturday, February 7th. Stifel Nicolaus decreased their price target on shares of 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. Zacks Research raised shares of Alpha and Omega Semiconductor from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Alpha and Omega Semiconductor has an average rating of “Hold” and a consensus price target of $24.00.

About Alpha and Omega Semiconductor

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.