Bing Xue Sells 1,832 Shares of Alpha and Omega Semiconductor (NASDAQ:AOSL) Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue sold 1,832 shares of the firm’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $31.21, for a total value of $57,176.72. Following the transaction, the executive vice president owned 132,617 shares in the company, valued at $4,138,976.57. The trade was a 1.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 Monday, March 16th, Bing Xue sold 2,408 shares of Alpha and Omega Semiconductor stock. The shares were sold at an average price of $21.92, for a total value of $52,783.36.

Alpha and Omega Semiconductor Price Performance

Shares of AOSL stock traded up $6.02 during mid-day trading on Monday, hitting $39.90. The stock had a trading volume of 2,474,165 shares, compared to its average volume of 390,958. Alpha and Omega Semiconductor Limited has a 12-month low of $15.90 and a 12-month high of $41.84. The firm has a market capitalization of $1.19 billion, a P/E ratio of -11.50 and a beta of 1.94. The firm’s 50-day moving average is $22.80 and its two-hundred day moving average is $22.96.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted 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 return on equity of 3.78% and a negative net margin of 15.06%.Alpha and Omega Semiconductor’s quarterly revenue was down 6.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.09 EPS. Analysts expect that Alpha and Omega Semiconductor Limited will post -1.65 EPS for the current year.

Analyst Ratings Changes

A number of research firms have commented on AOSL. Stifel Nicolaus cut their target price on shares of Alpha and Omega Semiconductor from $24.00 to $22.00 and set a “hold” rating on the stock in a research report on Friday, February 6th. Wall Street Zen cut shares of Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a research report on Saturday, February 7th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research note on Wednesday, January 21st. Zacks Research raised shares of Alpha and Omega Semiconductor from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. Finally, B. Riley Financial boosted their price objective on shares of Alpha and Omega Semiconductor from $19.00 to $25.00 and gave the stock a “neutral” rating in a research note on Monday, April 13th. One research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $24.00.

Hedge Funds Weigh In On Alpha and Omega Semiconductor

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada raised its holdings in Alpha and Omega Semiconductor by 7.4% in 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 in the last quarter. AQR Capital Management LLC purchased a new stake in shares of Alpha and Omega Semiconductor during the first quarter valued at about $471,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Alpha and Omega Semiconductor by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,167 shares of the semiconductor company’s stock valued at $352,000 after buying an additional 624 shares in the last quarter. Strs Ohio purchased a new position in shares of Alpha and Omega Semiconductor in the 1st quarter worth approximately $70,000. Finally, Creative Planning purchased a new position in shares of Alpha and Omega Semiconductor in the 2nd quarter worth approximately $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.