Yifan Liang Sells 31,004 Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSLGet Free Report) CFO Yifan Liang sold 31,004 shares of the firm’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $49.21, for a total value of $1,525,706.84. Following the sale, the chief financial officer now directly owns 265,175 shares of the company’s stock, valued at $13,049,261.75. This represents a 10.47 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Alpha and Omega Semiconductor Trading Down 3.9 %

NASDAQ:AOSL traded down $1.93 on Thursday, hitting $47.23. 1,230,573 shares of the stock were exchanged, compared to its average volume of 309,204. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.44 and a current ratio of 2.65. 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 $1.37 billion, a price-to-earnings ratio of -70.49 and a beta of 2.48. The company’s 50-day moving average price is $35.49 and its 200 day moving average price is $35.62.

Alpha and Omega Semiconductor (NASDAQ:AOSLGet Free Report) last posted its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). Alpha and Omega Semiconductor had a positive return on equity of 0.19% and a negative net margin of 2.94%. The business had revenue of $181.89 million for the quarter, compared to the consensus estimate of $180.07 million. During the same period last year, the firm earned $0.30 earnings per share. The company’s quarterly revenue was up .7% on a year-over-year basis. On average, equities research analysts forecast that Alpha and Omega Semiconductor Limited will post -0.67 earnings per share for the current year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in AOSL. Vanguard Group Inc. raised its position in shares of Alpha and Omega Semiconductor by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 2,125,356 shares of the semiconductor company’s stock valued at $46,843,000 after acquiring an additional 40,183 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in Alpha and Omega Semiconductor by 4.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 19,636 shares of the semiconductor company’s stock worth $433,000 after purchasing an additional 893 shares during the period. Public Employees Retirement System of Ohio raised its holdings in Alpha and Omega Semiconductor by 51.3% in the first quarter. Public Employees Retirement System of Ohio now owns 21,993 shares of the semiconductor company’s stock worth $485,000 after purchasing an additional 7,453 shares during the period. SG Americas Securities LLC bought a new position in shares of Alpha and Omega Semiconductor during the second quarter worth $1,040,000. Finally, Gladius Capital Management LP acquired a new position in shares of Alpha and Omega Semiconductor in the 2nd quarter valued at $36,000. Institutional investors and hedge funds own 78.97% of the company’s stock.

Analyst Upgrades and Downgrades

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

Read Our Latest Report on Alpha and Omega Semiconductor

Alpha and Omega Semiconductor Company Profile

(Get Free Report)

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.

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