Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) CFO Yifan Liang sold 15,075 shares of the firm’s stock in a transaction dated Monday, January 8th. The shares were sold at an average price of $17.70, for a total transaction of $266,827.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) traded down $0.02 during mid-day trading on Wednesday, reaching $17.35. 48,561 shares of the company’s stock traded hands, compared to its average volume of 71,792. The firm has a market capitalization of $414.23, a P/E ratio of 28.44 and a beta of 0.26. Alpha and Omega Semiconductor Limited has a 1 year low of $14.81 and a 1 year high of $23.00.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its quarterly earnings data on Thursday, November 2nd. The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.01). The company had revenue of $104.90 million for the quarter, compared to analyst estimates of $103.15 million. Alpha and Omega Semiconductor had a return on equity of 4.85% and a net margin of 3.92%. The company’s revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the business earned $0.14 earnings per share. research analysts expect that Alpha and Omega Semiconductor Limited will post 0.64 earnings per share for the current year.

AOSL has been the subject of several recent analyst reports. Northland Securities reiterated a “buy” rating and issued a $30.00 target price on shares of Alpha and Omega Semiconductor in a research note on Friday, November 3rd. B. Riley raised their target price on shares of Alpha and Omega Semiconductor from $24.00 to $27.00 and gave the company a “buy” rating in a research note on Friday, November 3rd. Stifel Nicolaus reiterated a “hold” rating and issued a $18.00 target price on shares of Alpha and Omega Semiconductor in a research note on Thursday, October 12th. Finally, BidaskClub downgraded shares of Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research note on Saturday, December 2nd. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $25.00.

A number of hedge funds have recently modified their holdings of AOSL. AJO LP acquired a new stake in Alpha and Omega Semiconductor during the second quarter worth approximately $3,160,000. Vanguard Group Inc. lifted its position in Alpha and Omega Semiconductor by 14.6% during the second quarter. Vanguard Group Inc. now owns 1,121,894 shares of the semiconductor company’s stock worth $18,702,000 after acquiring an additional 143,303 shares during the last quarter. Citadel Advisors LLC acquired a new stake in Alpha and Omega Semiconductor during the third quarter worth approximately $2,281,000. Royce & Associates LP lifted its position in Alpha and Omega Semiconductor by 15.2% during the third quarter. Royce & Associates LP now owns 943,314 shares of the semiconductor company’s stock worth $15,555,000 after acquiring an additional 124,810 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in Alpha and Omega Semiconductor by 12.4% during the third quarter. JPMorgan Chase & Co. now owns 909,832 shares of the semiconductor company’s stock worth $15,130,000 after acquiring an additional 100,697 shares during the last quarter. Hedge funds and other institutional investors own 70.52% of the company’s stock.

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About Alpha and Omega Semiconductor

Alpha and Omega Semiconductor Limited is a designer, developer and global supplier of power semiconductors. The Company’s portfolio of power semiconductors includes approximately 1,600 products, as of June 30, 2016. The Company’s product portfolio consists of two categories: power discretes and power integrated circuits (ICs).

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