Alpha and Omega Semiconductor (NASDAQ:AOSL) EVP Bing Xue Sells 4,916 Shares

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue sold 4,916 shares of the business’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $47.09, for a total value of $231,494.44. Following the sale, the executive vice president owned 123,660 shares in the company, valued at approximately $5,823,149.40. The trade was a 3.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Thursday, April 16th, Bing Xue sold 1,832 shares of Alpha and Omega Semiconductor stock. The shares were sold at an average price of $31.21, for a total value of $57,176.72.

Alpha and Omega Semiconductor Stock Down 4.5%

NASDAQ:AOSL opened at $43.15 on Thursday. The company has a market capitalization of $1.29 billion, a PE ratio of -12.12 and a beta of 2.55. Alpha and Omega Semiconductor Limited has a 52-week low of $17.01 and a 52-week high of $54.34. The stock has a fifty day simple moving average of $40.21 and a 200-day simple moving average of $28.09.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported ($0.28) EPS for the quarter, beating analysts’ consensus estimates of ($0.34) by $0.06. Alpha and Omega Semiconductor had a negative net margin of 15.51% and a negative return on equity of 4.30%. The firm had revenue of $163.79 million for the quarter, compared to analysts’ expectations of $160.07 million. During the same period in the prior year, the company earned ($0.10) EPS. The firm’s revenue was down .5% on a year-over-year basis. As a group, equities analysts anticipate that Alpha and Omega Semiconductor Limited will post -1.5 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on AOSL. Needham & Company LLC started coverage on shares of Alpha and Omega Semiconductor in a research note on Friday, May 1st. They set a “buy” rating and a $50.00 price objective for the company. B. Riley Financial increased their target price on Alpha and Omega Semiconductor from $19.00 to $25.00 and gave the company a “neutral” rating in a report on Monday, April 13th. Wall Street Zen downgraded Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research report on Saturday, June 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a report on Monday, April 20th. Finally, Zacks Research upgraded Alpha and Omega Semiconductor from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $30.50.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Royal Bank of Canada boosted its holdings in shares of Alpha and Omega Semiconductor by 7.4% during the first quarter. Royal Bank of Canada now owns 11,939 shares of the semiconductor company’s stock worth $297,000 after purchasing an additional 820 shares during the last quarter. AQR Capital Management LLC acquired a new position in shares of Alpha and Omega Semiconductor during the 1st quarter valued at about $471,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Alpha and Omega Semiconductor by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,167 shares of the semiconductor company’s stock worth $352,000 after acquiring an additional 624 shares during the last quarter. Strs Ohio acquired a new position in Alpha and Omega Semiconductor in the first quarter valued at $70,000. Finally, Creative Planning acquired a new stake in Alpha and Omega Semiconductor during the second quarter worth about $248,000. Hedge funds and other institutional investors own 78.97% of the company’s stock.

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.