Bing Xue Sells 1,956 Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue sold 1,956 shares of Alpha and Omega Semiconductor stock in a transaction dated Monday, April 22nd. The stock was sold at an average price of $19.57, for a total value of $38,278.92. Following the sale, the executive vice president now directly owns 130,082 shares in the company, valued at $2,545,704.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Wednesday, March 20th, Bing Xue sold 4,401 shares of Alpha and Omega Semiconductor stock. The stock was sold at an average price of $20.56, for a total value of $90,484.56.
• On Wednesday, February 14th, Bing Xue sold 14,292 shares of Alpha and Omega Semiconductor stock. The stock was sold at an average price of $22.77, for a total value of $325,428.84.

Alpha and Omega Semiconductor Stock Up 2.0 %

NASDAQ AOSL opened at $20.18 on Wednesday. The company has a current ratio of 2.52, a quick ratio of 1.33 and a debt-to-equity ratio of 0.04. The stock’s 50 day moving average is $22.04 and its two-hundred day moving average is $23.92. The company has a market capitalization of $570.65 million, a price-to-earnings ratio of -32.03 and a beta of 2.39. Alpha and Omega Semiconductor Limited has a 1-year low of $19.38 and a 1-year high of $35.40.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its earnings results on Tuesday, February 6th. The semiconductor company reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.04. The business had revenue of $165.29 million for the quarter, compared to the consensus estimate of $165.00 million. Alpha and Omega Semiconductor had a positive return on equity of 0.64% and a negative net margin of 2.68%. Equities analysts forecast that Alpha and Omega Semiconductor Limited will post -0.5 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Paradiem LLC boosted its holdings in shares of Alpha and Omega Semiconductor by 118.6% in the 1st quarter. Paradiem LLC now owns 103,410 shares of the semiconductor company’s stock worth $2,279,000 after acquiring an additional 56,094 shares in the last quarter. Overbrook Management Corp acquired a new position in shares of Alpha and Omega Semiconductor in the 1st quarter worth approximately $260,000. Wellington Management Group LLP boosted its holdings in shares of Alpha and Omega Semiconductor by 18.9% in the 4th quarter. Wellington Management Group LLP now owns 348,703 shares of the semiconductor company’s stock worth $9,087,000 after acquiring an additional 55,403 shares in the last quarter. Pineridge Advisors LLC acquired a new position in shares of Alpha and Omega Semiconductor in the 4th quarter worth approximately $30,000. Finally, CastleKnight Management LP acquired a new position in shares of Alpha and Omega Semiconductor in the 4th quarter worth approximately $534,000. 78.97% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on AOSL shares. B. Riley raised Alpha and Omega Semiconductor from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $28.00 to $34.00 in a report on Tuesday, January 2nd. Stifel Nicolaus decreased their price objective on Alpha and Omega Semiconductor from $23.00 to $21.00 and set a “sell” rating on the stock in a report on Thursday, April 18th. Finally, StockNews.com raised Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Wednesday, March 6th.

Alpha and Omega Semiconductor Company Profile

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.