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 the stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $47.38, for a total value of $89,216.54. Following the completion of the transaction, the executive vice president now owns 127,103 shares of the company’s stock, 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 SEC, which can be accessed through this link.

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 stock was sold at an average price of $41.00, for a total transaction of $35,875.00.

Alpha and Omega Semiconductor Stock Down 4.2 %

Shares of NASDAQ:AOSL traded down $1.98 during trading on Friday, reaching $45.20. 743,450 shares of the stock traded hands, compared to its average volume of 316,881. Alpha and Omega Semiconductor Limited has a 52-week low of $19.38 and a 52-week high of $53.29. The stock has a market cap of $1.31 billion, a P/E ratio of -67.46 and a beta of 2.48. The stock has a 50-day moving average of $36.64 and a two-hundred day moving average of $36.34. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.44 and a current ratio of 2.65.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its earnings results on Monday, November 4th. The semiconductor company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). The business 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 firm’s revenue for the quarter was up .7% on a year-over-year basis. During the same period in the previous year, the business posted $0.30 EPS. As a group, sell-side analysts expect that Alpha and Omega Semiconductor Limited will post -0.67 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently issued reports on AOSL shares. Benchmark reissued a “buy” rating and set a $40.00 price target on shares of Alpha and Omega Semiconductor in a research report on Wednesday, November 6th. Stifel Nicolaus dropped their price target on Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating on the stock in a research report on Wednesday, November 6th. StockNews.com lowered Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research report on Wednesday. Finally, B. Riley dropped their target price on 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.

Hedge Funds Weigh In On Alpha and Omega Semiconductor

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Price T Rowe Associates Inc. MD lifted its position in Alpha and Omega Semiconductor by 4.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 19,636 shares of the semiconductor company’s stock valued at $433,000 after purchasing an additional 893 shares during the period. SG Americas Securities LLC purchased a new position in shares of Alpha and Omega Semiconductor in the 2nd quarter worth $1,040,000. Gladius Capital Management LP bought a new stake in shares of Alpha and Omega Semiconductor in the second quarter worth $36,000. SummerHaven Investment Management LLC lifted its holdings in Alpha and Omega Semiconductor by 2.2% in the second quarter. SummerHaven Investment Management LLC now owns 23,502 shares of the semiconductor company’s stock valued at $878,000 after acquiring an additional 511 shares during the period. Finally, Louisiana State Employees Retirement System lifted its holdings in Alpha and Omega Semiconductor by 3.5% in the second quarter. Louisiana State Employees Retirement System now owns 11,700 shares of the semiconductor company’s stock valued at $437,000 after acquiring an additional 400 shares during the period. 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.