Insider Selling: Alpha and Omega Semiconductor (NASDAQ:AOSL) EVP Sells 1,845 Shares of Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue sold 1,845 shares of the company’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $20.56, for a total transaction of $37,933.20. Following the completion of the sale, the executive vice president owned 127,863 shares of the company’s stock, valued at approximately $2,628,863.28. This represents a 1.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Alpha and Omega Semiconductor Stock Performance

AOSL stock traded up $0.08 during midday trading on Tuesday, hitting $20.17. 320,723 shares of the company’s stock were exchanged, compared to its average volume of 409,909. Alpha and Omega Semiconductor Limited has a one year low of $15.90 and a one year high of $46.65. The company has a market cap of $606.31 million, a PE ratio of -6.21 and a beta of 1.94. The stock’s fifty day moving average price is $23.85 and its 200-day moving average price is $25.86.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on AOSL. B. Riley reiterated a “neutral” rating and issued a $24.00 price target (down previously from $40.00) on shares of Alpha and Omega Semiconductor in a report on Thursday, November 6th. Stifel Nicolaus reduced their target price on shares of Alpha and Omega Semiconductor from $29.00 to $24.00 and set a “hold” rating for the company in a research note on Thursday, November 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a report on Wednesday, October 8th. Benchmark cut their price target on Alpha and Omega Semiconductor from $32.00 to $25.00 and set a “buy” rating on the stock in a report on Thursday, November 6th. Finally, Wall Street Zen raised Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Saturday, December 6th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $24.33.

Institutional Trading of Alpha and Omega Semiconductor

Hedge funds and other institutional investors have recently modified their holdings of the stock. Nisa Investment Advisors LLC boosted its position in Alpha and Omega Semiconductor by 137.6% during the second quarter. Nisa Investment Advisors LLC now owns 1,012 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 586 shares during the last quarter. Hantz Financial Services Inc. raised its stake in shares of Alpha and Omega Semiconductor by 634.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,036 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 895 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Alpha and Omega Semiconductor by 49.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,533 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 504 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of Alpha and Omega Semiconductor by 953.2% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,801 shares of the semiconductor company’s stock valued at $46,000 after buying an additional 1,630 shares during the last quarter. Finally, CWM LLC grew its stake in shares of Alpha and Omega Semiconductor by 403.4% in the second quarter. CWM LLC now owns 1,928 shares of the semiconductor company’s stock valued at $49,000 after buying an additional 1,545 shares in the last quarter. Institutional investors and hedge funds 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.