Alpha and Omega Semiconductor (NASDAQ:AOSL) CFO Yifan Liang Sells 26,517 Shares of Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSLGet Free Report) CFO Yifan Liang sold 26,517 shares of Alpha and Omega Semiconductor stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $30.57, for a total transaction of $810,624.69. Following the sale, the chief financial officer owned 278,628 shares of the company’s stock, valued at approximately $8,517,657.96. This represents a 8.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Alpha and Omega Semiconductor Price Performance

Shares of NASDAQ AOSL opened at $31.21 on Friday. Alpha and Omega Semiconductor Limited has a fifty-two week low of $15.90 and a fifty-two week high of $33.01. The firm has a market capitalization of $928.81 million, a P/E ratio of -8.99 and a beta of 1.94. The company’s 50 day simple moving average is $22.55 and its 200 day simple moving average is $22.98.

Alpha and Omega Semiconductor (NASDAQ:AOSLGet Free Report) last released its earnings results on Thursday, February 5th. The semiconductor company reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.08). The business had revenue of $162.26 million for the quarter, compared to analyst estimates 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 revenue was down 6.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.09 EPS. Sell-side analysts expect that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Wall Street Zen downgraded Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a report on Saturday, February 7th. Stifel Nicolaus decreased their target price on Alpha and Omega Semiconductor from $24.00 to $22.00 and set a “hold” rating for the company in a research report on Friday, February 6th. B. Riley Financial upped 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. Weiss Ratings reiterated a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research report on Wednesday, January 21st. Finally, Zacks Research raised shares of Alpha and Omega Semiconductor from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $24.00.

Get Our Latest Research Report on Alpha and Omega Semiconductor

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Hantz Financial Services Inc. increased its holdings in shares of Alpha and Omega Semiconductor by 634.8% in the third quarter. Hantz Financial Services Inc. now owns 1,036 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 895 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Alpha and Omega Semiconductor in the 3rd quarter valued at approximately $62,000. CWM LLC grew its position in shares of Alpha and Omega Semiconductor by 20.0% in the 3rd quarter. CWM LLC now owns 2,314 shares of the semiconductor company’s stock valued at $65,000 after purchasing an additional 386 shares during the period. Strs Ohio bought a new stake in Alpha and Omega Semiconductor during the 1st quarter worth approximately $70,000. Finally, iSAM Funds UK Ltd bought a new stake in Alpha and Omega Semiconductor during the 3rd quarter worth approximately $91,000. 78.97% of the stock is owned by institutional investors and hedge funds.

About Alpha and Omega Semiconductor

(Get Free Report)

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.

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