Alpha and Omega Semiconductor (NASDAQ:AOSL) CEO Stephen Chunping Chang Sells 14,884 Shares

Alpha and Omega Semiconductor Limited (NASDAQ:AOSLGet Free Report) CEO Stephen Chunping Chang sold 14,884 shares of the stock in a transaction on Friday, April 17th. The shares were sold at an average price of $34.47, for a total transaction of $513,051.48. Following the sale, the chief executive officer directly owned 635,901 shares of the company’s stock, valued at $21,919,507.47. The trade was a 2.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Stephen Chunping Chang also recently made the following trade(s):

  • On Tuesday, April 14th, Stephen Chunping Chang sold 5,594 shares of Alpha and Omega Semiconductor stock. The stock was sold at an average price of $31.90, for a total transaction of $178,448.60.

Alpha and Omega Semiconductor Price Performance

NASDAQ AOSL opened at $39.90 on Tuesday. Alpha and Omega Semiconductor Limited has a 1 year low of $15.90 and a 1 year high of $41.84. The stock has a market capitalization of $1.19 billion, a PE ratio of -11.50 and a beta of 1.94. The business’s 50-day moving average is $23.18 and its 200 day moving average is $23.05.

Alpha and Omega Semiconductor (NASDAQ:AOSLGet Free Report) last released its quarterly earnings results on Thursday, February 5th. The semiconductor company reported ($0.16) EPS 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 the consensus estimate of $160.67 million. Alpha and Omega Semiconductor had a negative net margin of 15.06% and a negative return on equity of 3.78%. The company’s revenue for the quarter was down 6.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.09 EPS. As a group, equities research analysts anticipate that Alpha and Omega Semiconductor Limited will post -1.65 earnings per share for the current year.

Alpha and Omega Semiconductor News Summary

Here are the key news stories impacting Alpha and Omega Semiconductor this week:

  • Positive Sentiment: Relative Strength rating upgrade lifted technical momentum and likely drew buy interest from traders. Read More.
  • Positive Sentiment: Massachusetts Financial Services disclosed a new position of 28,439 shares (~$563k) in AOSL on its 13F, signaling fresh institutional demand. Read More.
  • Neutral Sentiment: Board change: the company announced a director retirement and a board transition; specifics may affect governance but no immediate operational impact was highlighted. Read More.
  • Negative Sentiment: Insider selling by senior executives — CEO Stephen Chang sold 14,884 shares (~$513k), CFO Yifan Liang sold 8,625 shares (~$302k), and EVP Bing Xue sold 1,832 shares (~$57k). These sales are disclosed on SEC Form 4s and were executed under pre‑arranged Rule 10b5‑1 plans (reduces interpretive weight but still increases free float). Read More. Read More. Read More.

Hedge Funds Weigh In On Alpha and Omega Semiconductor

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of Alpha and Omega Semiconductor by 1.4% during the third quarter. Vanguard Group Inc. now owns 2,453,975 shares of the semiconductor company’s stock valued at $68,613,000 after purchasing an additional 33,959 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in Alpha and Omega Semiconductor by 4.7% during the 4th quarter. The Manufacturers Life Insurance Company now owns 1,628,634 shares of the semiconductor company’s stock valued at $32,263,000 after buying an additional 73,631 shares in the last quarter. State Street Corp increased its position in Alpha and Omega Semiconductor by 21.6% during the 4th quarter. State Street Corp now owns 1,474,175 shares of the semiconductor company’s stock valued at $29,203,000 after buying an additional 262,117 shares in the last quarter. Wellington Management Group LLP raised its stake in Alpha and Omega Semiconductor by 15.0% during the third quarter. Wellington Management Group LLP now owns 864,965 shares of the semiconductor company’s stock valued at $24,184,000 after buying an additional 113,077 shares during the last quarter. Finally, Robeco Schweiz AG raised its stake in Alpha and Omega Semiconductor by 0.4% during the third quarter. Robeco Schweiz AG now owns 785,264 shares of the semiconductor company’s stock valued at $21,956,000 after buying an additional 2,761 shares during the last quarter. Institutional investors own 78.97% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Zacks Research upgraded shares of Alpha and Omega Semiconductor from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. B. Riley Financial lifted their price objective 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. Stifel Nicolaus reduced 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. Weiss Ratings reissued a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research report on Wednesday, January 21st. Finally, Wall Street Zen cut Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a research note on Saturday, February 7th. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $24.00.

View Our Latest Research Report on Alpha and Omega Semiconductor

Alpha and Omega Semiconductor Company Profile

(Get Free Report)

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.

Further Reading

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

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