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

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Get Free Report) EVP Bing Xue sold 1,242 shares of the stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $35.00, for a total transaction of $43,470.00. Following the completion of the sale, the executive vice president now directly owns 115,368 shares of the company's stock, valued at $4,037,880. This represents a 1.07 % decrease in their ownership of the stock. 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 Thursday, December 12th, Bing Xue sold 1,883 shares of Alpha and Omega Semiconductor stock. The stock was 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 shares were sold at an average price of $41.00, for a total transaction of $35,875.00.

Alpha and Omega Semiconductor Trading Up 0.8 %

Shares of AOSL stock traded up $0.27 on Tuesday, reaching $35.53. 248,170 shares of the company's stock were exchanged, compared to its average volume of 456,478. 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 capitalization of $1.03 billion, a PE ratio of -53.03 and a beta of 2.48. The company's fifty day simple moving average is $38.16 and its 200 day simple moving average is $37.65. The company has a current ratio of 2.65, a quick ratio of 1.44 and a debt-to-equity ratio of 0.03.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last issued 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 company had revenue of $181.89 million for the quarter, compared to analysts' expectations 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 business's revenue was up .7% compared to the same quarter last year. During the same period last year, the business posted $0.30 earnings per share. As a group, analysts forecast that Alpha and Omega Semiconductor Limited will post -0.67 EPS for the current year.

Institutional Investors Weigh In On Alpha and Omega Semiconductor

Institutional investors and hedge funds have recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Alpha and Omega Semiconductor by 86.2% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 56,149 shares of the semiconductor company's stock valued at $2,084,000 after buying an additional 25,991 shares during the period. State Street Corp boosted its position in Alpha and Omega Semiconductor by 33.2% during the 3rd quarter. State Street Corp now owns 1,341,290 shares of the semiconductor company's stock valued at $49,789,000 after acquiring an additional 334,657 shares in the last quarter. Systematic Financial Management LP purchased a new position in shares of Alpha and Omega Semiconductor in the 3rd quarter valued at $702,000. Algert Global LLC raised its position in shares of Alpha and Omega Semiconductor by 172.8% in the 3rd quarter. Algert Global LLC now owns 89,920 shares of the semiconductor company's stock worth $3,338,000 after acquiring an additional 56,962 shares in the last quarter. Finally, Point72 Asset Management L.P. lifted its stake in shares of Alpha and Omega Semiconductor by 110.1% during the 3rd quarter. Point72 Asset Management L.P. now owns 471,535 shares of the semiconductor company's stock worth $17,503,000 after purchasing an additional 247,051 shares during the last quarter. 78.97% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. StockNews.com upgraded shares of Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a report on Tuesday, December 24th. B. Riley lowered 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. Stifel Nicolaus dropped their target price on Alpha and Omega Semiconductor from $34.00 to $27.00 and set a "sell" rating for the company in a report on Wednesday, November 6th. Finally, Benchmark restated a "buy" rating and issued a $40.00 price target on shares of Alpha and Omega Semiconductor in a research report 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.