Insider Selling: Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Sells 1,883 Shares of Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue sold 1,883 shares of Alpha and Omega Semiconductor stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $47.38, for a total transaction of $89,216.54. Following the completion of the sale, the executive vice president now owns 127,103 shares in the company, valued at approximately $6,022,140.14. This trade represents a 1.46 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Tuesday, December 3rd, Bing Xue sold 875 shares of Alpha and Omega Semiconductor stock. The shares were sold at an average price of $41.00, for a total transaction of $35,875.00.

Alpha and Omega Semiconductor Price Performance

AOSL opened at $45.20 on Friday. Alpha and Omega Semiconductor Limited has a 1 year low of $19.38 and a 1 year high of $53.29. The stock has a 50-day moving average price of $36.64 and a 200-day moving average price of $36.34. The firm has a market cap of $1.31 billion, a PE ratio of -67.46 and a beta of 2.48. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.65 and a quick ratio of 1.44.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its earnings results on Monday, November 4th. The semiconductor company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.01). The firm had revenue of $181.89 million during the quarter, compared to the consensus estimate of $180.07 million. Alpha and Omega Semiconductor had a positive return on equity of 0.19% and a negative net margin of 2.94%. The company’s quarterly revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.30 EPS. Sell-side analysts predict that Alpha and Omega Semiconductor Limited will post -0.67 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. StockNews.com cut Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research note on Wednesday. Benchmark reissued a “buy” rating and set a $40.00 price objective on shares of Alpha and Omega Semiconductor in a research note on Wednesday, November 6th. Stifel Nicolaus decreased their target price on shares of Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating for the company in a research note on Wednesday, November 6th. Finally, B. Riley dropped their price target on Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Louisiana State Employees Retirement System raised its position in Alpha and Omega Semiconductor by 3.5% in the 2nd quarter. Louisiana State Employees Retirement System now owns 11,700 shares of the semiconductor company’s stock worth $437,000 after buying an additional 400 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in Alpha and Omega Semiconductor by 4.9% in the third quarter. BNP Paribas Financial Markets now owns 10,853 shares of the semiconductor company’s stock worth $403,000 after purchasing an additional 508 shares during the last quarter. SummerHaven Investment Management LLC grew its position in Alpha and Omega Semiconductor by 2.2% in the 2nd quarter. SummerHaven Investment Management LLC now owns 23,502 shares of the semiconductor company’s stock worth $878,000 after purchasing an additional 511 shares during the period. Price T Rowe Associates Inc. MD raised its stake in Alpha and Omega Semiconductor by 4.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 19,636 shares of the semiconductor company’s stock valued at $433,000 after buying an additional 893 shares during the last quarter. Finally, Gladius Capital Management LP purchased a new stake in Alpha and Omega Semiconductor during the 2nd quarter valued at $36,000. Hedge funds and other institutional investors own 78.97% of the company’s stock.

About Alpha and Omega Semiconductor

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.