Alpha and Omega Semiconductor (NASDAQ:AOSL) EVP Sells $231,494.44 in Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue sold 4,916 shares of Alpha and Omega Semiconductor stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $47.09, for a total transaction of $231,494.44. Following the sale, the executive vice president owned 123,660 shares of the company’s stock, valued at approximately $5,823,149.40. The trade was a 3.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Thursday, April 16th, Bing Xue sold 1,832 shares of Alpha and Omega Semiconductor stock. The stock was sold at an average price of $31.21, for a total value of $57,176.72.

Alpha and Omega Semiconductor Trading Down 4.5%

Shares of NASDAQ:AOSL traded down $2.02 during midday trading on Wednesday, hitting $43.15. 615,971 shares of the stock were exchanged, compared to its average volume of 652,666. The stock has a market cap of $1.29 billion, a P/E ratio of -12.12 and a beta of 2.55. Alpha and Omega Semiconductor Limited has a twelve month low of $17.01 and a twelve month high of $54.34. The company has a 50 day moving average price of $39.81 and a 200-day moving average price of $27.93.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported ($0.28) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.34) by $0.06. The business had revenue of $163.79 million during the quarter, compared to the consensus estimate of $160.07 million. Alpha and Omega Semiconductor had a negative return on equity of 4.30% and a negative net margin of 15.51%.The business’s revenue was down .5% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.10) EPS. On average, equities research analysts expect that Alpha and Omega Semiconductor Limited will post -1.5 earnings per share for the current year.

Institutional Trading of Alpha and Omega Semiconductor

A number of institutional investors and hedge funds have recently bought and sold shares of AOSL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Alpha and Omega Semiconductor by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,167 shares of the semiconductor company’s stock valued at $352,000 after buying an additional 624 shares in the last quarter. Royal Bank of Canada grew its holdings in Alpha and Omega Semiconductor by 9.2% during the 4th quarter. Royal Bank of Canada now owns 8,938 shares of the semiconductor company’s stock worth $177,000 after acquiring an additional 755 shares in the last quarter. Deutsche Bank AG grew its position in shares of Alpha and Omega Semiconductor by 1.8% in the 4th quarter. Deutsche Bank AG now owns 47,059 shares of the semiconductor company’s stock worth $932,000 after acquiring an additional 844 shares in the last quarter. Franklin Resources Inc. boosted its holdings in Alpha and Omega Semiconductor by 5.5% in the fourth quarter. Franklin Resources Inc. now owns 20,281 shares of the semiconductor company’s stock worth $402,000 after purchasing an additional 1,053 shares during the period. Finally, Principal Financial Group Inc. boosted its stake in Alpha and Omega Semiconductor by 1.0% in the first quarter. Principal Financial Group Inc. now owns 120,075 shares of the semiconductor company’s stock valued at $2,661,000 after acquiring an additional 1,178 shares during the period. Institutional investors and hedge funds own 78.97% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on AOSL. Wall Street Zen downgraded Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research report on Saturday, June 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research note on Monday, April 20th. Needham & Company LLC initiated coverage on shares of Alpha and Omega Semiconductor in a research note on Friday, May 1st. They issued a “buy” rating and a $50.00 target price for the company. Zacks Research raised shares of Alpha and Omega Semiconductor from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. Finally, B. Riley Financial boosted their price objective on shares of 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. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $30.50.

Alpha and Omega Semiconductor Company Profile

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.