Insider Selling: Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Sells 1,242 Shares of Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue sold 1,242 shares of the company’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of $35.00, for a total value of $43,470.00. Following the completion of the transaction, the executive vice president now directly owns 115,368 shares in the company, valued at approximately $4,037,880. The trade was a 1.07 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Thursday, December 12th, Bing Xue sold 1,883 shares of Alpha and Omega Semiconductor stock. The shares were sold at an average price of $47.38, for a total value of $89,216.54.
• On Tuesday, December 3rd, Bing Xue sold 875 shares of Alpha and Omega Semiconductor stock. The stock was sold at an average price of $41.00, for a total value of $35,875.00.

Alpha and Omega Semiconductor Price Performance

NASDAQ:AOSL opened at $38.31 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.65 and a quick ratio of 1.44. The company has a 50 day moving average price of $38.56 and a 200-day moving average price of $37.65. Alpha and Omega Semiconductor Limited has a 1-year low of $19.38 and a 1-year high of $53.29. The firm has a market cap of $1.11 billion, a price-to-earnings ratio of -57.18 and a beta of 2.48.

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

Hedge Funds Weigh In On Alpha and Omega Semiconductor

A number of hedge funds have recently bought and sold shares of the business. Truvestments Capital LLC acquired a new position in shares of Alpha and Omega Semiconductor during the 3rd quarter worth approximately $45,000. Point72 DIFC Ltd purchased a new stake in Alpha and Omega Semiconductor in the 2nd quarter worth $47,000. Hollencrest Capital Management purchased a new stake in Alpha and Omega Semiconductor in the 3rd quarter worth $56,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Alpha and Omega Semiconductor during the second quarter worth $62,000. Finally, Farther Finance Advisors LLC lifted its holdings in Alpha and Omega Semiconductor by 10,937.5% during the third quarter. Farther Finance Advisors LLC now owns 1,766 shares of the semiconductor company’s stock valued at $66,000 after purchasing an additional 1,750 shares in the last quarter. Hedge funds and other institutional investors own 78.97% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on AOSL shares. B. Riley cut their price target on shares of Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Stifel Nicolaus cut their price objective on shares of Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating on the stock in a research note on Wednesday, November 6th. Benchmark restated a “buy” rating and set a $40.00 target price on shares of Alpha and Omega Semiconductor in a research report on Wednesday, November 6th. Finally, StockNews.com raised Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Tuesday, December 24th.

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.