Bing Xue Sells 1,845 Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue sold 1,845 shares of the firm’s stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $23.73, for a total value of $43,781.85. Following the completion of the sale, the executive vice president now owns 130,951 shares of the company’s stock, valued at approximately $3,107,467.23. This represents a 1.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Alpha and Omega Semiconductor Trading Down 1.8%

Shares of AOSL stock opened at $24.35 on Thursday. The company’s fifty day simple moving average is $22.12 and its two-hundred day simple moving average is $31.78. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.72 and a quick ratio of 1.50. Alpha and Omega Semiconductor Limited has a 1 year low of $15.90 and a 1 year high of $53.29. The stock has a market capitalization of $716.26 million, a price-to-earnings ratio of -30.44 and a beta of 2.02.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its earnings results on Wednesday, May 7th. The semiconductor company reported ($0.10) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.06. The business had revenue of $164.60 million for the quarter, compared to analysts’ expectations of $157.23 million. Alpha and Omega Semiconductor had a negative net margin of 3.46% and a negative return on equity of 0.23%. The business’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.04) EPS. As a group, analysts anticipate that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Benchmark reduced their target price on Alpha and Omega Semiconductor from $42.00 to $32.00 and set a “buy” rating for the company in a research note on Friday, May 9th. Stifel Nicolaus cut their target price on Alpha and Omega Semiconductor from $30.00 to $18.00 and set a “sell” rating on the stock in a research note on Thursday, April 17th. Finally, StockNews.com raised shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Sunday.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in AOSL. Barclays PLC increased its stake in Alpha and Omega Semiconductor by 367.4% in the third quarter. Barclays PLC now owns 40,359 shares of the semiconductor company’s stock valued at $1,498,000 after acquiring an additional 31,725 shares during the last quarter. Franklin Resources Inc. boosted its position in Alpha and Omega Semiconductor by 9.0% during the third quarter. Franklin Resources Inc. now owns 13,276 shares of the semiconductor company’s stock valued at $510,000 after buying an additional 1,096 shares during the period. JPMorgan Chase & Co. boosted its position in Alpha and Omega Semiconductor by 42.5% during the third quarter. JPMorgan Chase & Co. now owns 36,608 shares of the semiconductor company’s stock valued at $1,359,000 after buying an additional 10,921 shares during the period. Redwood Wealth Management Group LLC purchased a new stake in shares of Alpha and Omega Semiconductor during the fourth quarter worth about $548,000. Finally, Stratos Wealth Partners LTD. purchased a new stake in shares of Alpha and Omega Semiconductor during the fourth quarter worth about $666,000. Institutional investors own 78.97% of the company’s stock.

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.