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

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue sold 1,883 shares of the business’s 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 sale, the executive vice president now directly owns 127,103 shares in the company, valued at $6,022,140.14. The trade was a 1.46 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 value of $35,875.00.

Alpha and Omega Semiconductor Price Performance

Shares of NASDAQ:AOSL traded down $1.98 during trading on Friday, reaching $45.20. The company had a trading volume of 743,450 shares, compared to its average volume of 316,881. The company has a fifty day moving average of $36.64 and a two-hundred day moving average of $36.34. The company has a current ratio of 2.65, a quick ratio of 1.44 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $1.31 billion, a P/E ratio of -67.46 and a beta of 2.48. Alpha and Omega Semiconductor Limited has a 12 month low of $19.38 and a 12 month high of $53.29.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released 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 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 negative net margin of 2.94% and a positive return on equity of 0.19%. The firm’s revenue was up .7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.30 EPS. Equities research analysts forecast that Alpha and Omega Semiconductor Limited will post -0.67 earnings per share for the current year.

Institutional Trading of Alpha and Omega Semiconductor

Institutional investors have recently modified their holdings of the company. State Street Corp lifted its stake in Alpha and Omega Semiconductor by 33.2% in the third quarter. State Street Corp now owns 1,341,290 shares of the semiconductor company’s stock worth $49,789,000 after acquiring an additional 334,657 shares during the period. The Manufacturers Life Insurance Company lifted its position in shares of Alpha and Omega Semiconductor by 15.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,284,650 shares of the semiconductor company’s stock worth $48,007,000 after purchasing an additional 169,619 shares during the period. Geode Capital Management LLC boosted its stake in shares of Alpha and Omega Semiconductor by 5.7% during the 3rd quarter. Geode Capital Management LLC now owns 578,705 shares of the semiconductor company’s stock valued at $21,486,000 after purchasing an additional 31,286 shares in the last quarter. First Eagle Investment Management LLC increased its position in shares of Alpha and Omega Semiconductor by 5.6% during the second quarter. First Eagle Investment Management LLC now owns 471,642 shares of the semiconductor company’s stock valued at $17,625,000 after buying an additional 25,100 shares during the period. Finally, Point72 Asset Management L.P. raised its stake in Alpha and Omega Semiconductor by 110.1% in the third quarter. Point72 Asset Management L.P. now owns 471,535 shares of the semiconductor company’s stock worth $17,503,000 after buying an additional 247,051 shares in the last quarter. 78.97% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on AOSL. Stifel Nicolaus cut their price objective on shares of Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating for the company in a research report on Wednesday, November 6th. StockNews.com cut shares of Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a report on Wednesday. B. Riley dropped their price objective on Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Finally, Benchmark restated a “buy” rating and issued a $40.00 target price on shares of Alpha and Omega Semiconductor in a research note on Wednesday, November 6th.

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.