Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue Sells 1,956 Shares of Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue sold 1,956 shares of the business’s stock in a transaction dated Monday, April 22nd. The stock was sold at an average price of $19.57, for a total value of $38,278.92. Following the sale, the executive vice president now owns 130,082 shares in the company, valued at $2,545,704.74. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Wednesday, March 20th, Bing Xue sold 4,401 shares of Alpha and Omega Semiconductor stock. The stock was sold at an average price of $20.56, for a total transaction of $90,484.56.
• On Wednesday, February 14th, Bing Xue sold 14,292 shares of Alpha and Omega Semiconductor stock. The shares were sold at an average price of $22.77, for a total transaction of $325,428.84.

Alpha and Omega Semiconductor Stock Up 1.2 %

Shares of NASDAQ AOSL opened at $19.79 on Tuesday. Alpha and Omega Semiconductor Limited has a 52-week low of $19.38 and a 52-week high of $35.40. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.33 and a current ratio of 2.52. The company’s 50 day moving average price is $22.08 and its 200-day moving average price is $23.99. The company has a market capitalization of $559.66 million, a P/E ratio of -31.41 and a beta of 2.39.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its earnings results on Tuesday, February 6th. The semiconductor company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.04. Alpha and Omega Semiconductor had a negative net margin of 2.68% and a positive return on equity of 0.64%. The business had revenue of $165.29 million for the quarter, compared to analyst estimates of $165.00 million. Equities analysts forecast that Alpha and Omega Semiconductor Limited will post -0.5 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on AOSL shares. Stifel Nicolaus cut their price target on shares of Alpha and Omega Semiconductor from $23.00 to $21.00 and set a “sell” rating on the stock in a report on Thursday, April 18th. B. Riley raised Alpha and Omega Semiconductor from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $28.00 to $34.00 in a report on Tuesday, January 2nd. Finally, StockNews.com upgraded Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Wednesday, March 6th.

Institutional Investors Weigh In On Alpha and Omega Semiconductor

Institutional investors and hedge funds have recently made changes to their positions in the business. Pineridge Advisors LLC bought a new stake in Alpha and Omega Semiconductor in the fourth quarter worth approximately $30,000. Counterpoint Mutual Funds LLC acquired a new stake in shares of Alpha and Omega Semiconductor during the 3rd quarter worth approximately $114,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Alpha and Omega Semiconductor by 56.3% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,496 shares of the semiconductor company’s stock valued at $164,000 after acquiring an additional 1,979 shares in the last quarter. Summit Global Investments acquired a new position in shares of Alpha and Omega Semiconductor during the 4th quarter valued at $236,000. Finally, WINTON GROUP Ltd bought a new position in Alpha and Omega Semiconductor during the third quarter worth $254,000. Institutional investors own 78.97% of the company’s stock.

Alpha and Omega Semiconductor Company Profile

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.