Alpha and Omega Semiconductor (NASDAQ:AOSL) CFO Sells $301,875.00 in Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) CFO Yifan Liang sold 8,625 shares of Alpha and Omega Semiconductor stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $35.00, for a total value of $301,875.00. Following the completion of the sale, the chief financial officer owned 270,003 shares of the company’s stock, valued at $9,450,105. The trade was a 3.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Yifan Liang also recently made the following trade(s):

• On Tuesday, April 14th, Yifan Liang sold 26,517 shares of Alpha and Omega Semiconductor stock. The stock was sold at an average price of $30.57, for a total value of $810,624.69.

Alpha and Omega Semiconductor Stock Performance

NASDAQ AOSL opened at $40.68 on Thursday. Alpha and Omega Semiconductor Limited has a one year low of $16.99 and a one year high of $45.22. The stock has a 50-day moving average of $23.95 and a 200 day moving average of $23.25. The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of -11.72 and a beta of 1.94.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its quarterly earnings results on Thursday, February 5th. The semiconductor company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.08). The firm had revenue of $162.26 million for the quarter, compared to the consensus estimate of $160.67 million. Alpha and Omega Semiconductor had a negative net margin of 15.06% and a negative return on equity of 3.78%. The company’s revenue for the quarter was down 6.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.09 earnings per share. On average, equities analysts predict that Alpha and Omega Semiconductor Limited will post -1.65 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have issued reports on AOSL. Stifel Nicolaus cut their price target on Alpha and Omega Semiconductor from $24.00 to $22.00 and set a “hold” rating for the company in a research note on Friday, February 6th. Weiss Ratings restated a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research note on Monday. Wall Street Zen downgraded Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a research note on Saturday, February 7th. B. Riley Financial boosted their price target on Alpha and Omega Semiconductor from $19.00 to $25.00 and gave the company a “neutral” rating in a research note on Monday, April 13th. Finally, Zacks Research upgraded Alpha and Omega Semiconductor from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. One research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Alpha and Omega Semiconductor currently has a consensus rating of “Hold” and a consensus price target of $24.00.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Louisiana State Employees Retirement System bought a new position in shares of Alpha and Omega Semiconductor during the 1st quarter valued at approximately $244,000. Invesco Ltd. grew its stake in shares of Alpha and Omega Semiconductor by 19.8% during the 4th quarter. Invesco Ltd. now owns 381,767 shares of the semiconductor company’s stock valued at $7,563,000 after acquiring an additional 63,134 shares during the period. Summit Global Investments bought a new position in shares of Alpha and Omega Semiconductor during the 4th quarter valued at approximately $223,000. Empowered Funds LLC grew its stake in shares of Alpha and Omega Semiconductor by 106.7% during the 4th quarter. Empowered Funds LLC now owns 109,541 shares of the semiconductor company’s stock valued at $2,170,000 after acquiring an additional 56,558 shares during the period. Finally, XTX Topco Ltd bought a new position in shares of Alpha and Omega Semiconductor during the 4th quarter valued at approximately $738,000. 78.97% of the stock is currently owned by institutional investors.

Alpha and Omega Semiconductor Company Profile

Alpha and Omega Semiconductor Limited (NASDAQ: AOSL) is a designer and supplier of power semiconductor components used in power management applications across a range of electronic systems. The company offers a broad portfolio of discrete and integrated power devices, including power MOSFETs, rectifiers, voltage regulators, and power management ICs. These products are optimized for high efficiency, compact form factors and thermal performance, catering to the growing demands of energy-sensitive applications in computing, consumer electronics, communications and industrial markets.

Since its founding in 2000, Alpha and Omega Semiconductor has leveraged in-house design expertise and strategic partnerships with manufacturing facilities to deliver scalable, high-volume production.