Bing Xue Sells 4,916 Shares of Alpha and Omega Semiconductor (NASDAQ:AOSL) Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue sold 4,916 shares of Alpha and Omega Semiconductor stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $47.09, for a total transaction of $231,494.44. Following the completion of the sale, the executive vice president owned 123,660 shares in the company, valued at approximately $5,823,149.40. This represents a 3.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Bing Xue also recently made the following trade(s):

• On Thursday, April 16th, Bing Xue sold 1,832 shares of Alpha and Omega Semiconductor stock. The stock was sold at an average price of $31.21, for a total value of $57,176.72.

Alpha and Omega Semiconductor Stock Performance

NASDAQ AOSL opened at $48.04 on Friday. The company has a market capitalization of $1.44 billion, a P/E ratio of -13.49 and a beta of 2.55. Alpha and Omega Semiconductor Limited has a one year low of $17.01 and a one year high of $54.34. The stock has a 50 day moving average price of $40.71 and a 200-day moving average price of $28.28.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported ($0.28) earnings per share for the quarter, topping the consensus estimate of ($0.34) by $0.06. The company had revenue of $163.79 million for the quarter, compared to analysts’ expectations of $160.07 million. Alpha and Omega Semiconductor had a negative net margin of 15.51% and a negative return on equity of 4.30%. Alpha and Omega Semiconductor’s quarterly revenue was down .5% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.10) earnings per share. As a group, equities analysts predict that Alpha and Omega Semiconductor Limited will post -1.5 EPS for the current fiscal year.

Institutional Investors Weigh In On Alpha and Omega Semiconductor

Several institutional investors have recently made changes to their positions in AOSL. Northwestern Mutual Wealth Management Co. bought a new position in Alpha and Omega Semiconductor during the 3rd quarter valued at about $62,000. Strs Ohio bought a new stake in Alpha and Omega Semiconductor in the first quarter worth about $70,000. iSAM Funds UK Ltd purchased a new position in shares of Alpha and Omega Semiconductor during the third quarter valued at approximately $91,000. Tower Research Capital LLC TRC grew its stake in shares of Alpha and Omega Semiconductor by 574.4% during the second quarter. Tower Research Capital LLC TRC now owns 4,957 shares of the semiconductor company’s stock valued at $127,000 after buying an additional 4,222 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its stake in shares of Alpha and Omega Semiconductor by 146.1% during the third quarter. BNP Paribas Financial Markets now owns 6,123 shares of the semiconductor company’s stock valued at $171,000 after buying an additional 3,635 shares during the last quarter. Institutional investors own 78.97% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on AOSL shares. B. Riley Financial upped their target price on shares of Alpha and Omega Semiconductor from $19.00 to $25.00 and gave the company a “neutral” rating in a research report on Monday, April 13th. Wall Street Zen lowered Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research report on Saturday, June 6th. Needham & Company LLC began coverage on Alpha and Omega Semiconductor in a research note on Friday, May 1st. They set a “buy” rating and a $50.00 price objective on the stock. Zacks Research upgraded Alpha and Omega Semiconductor from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research note on Monday, April 20th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Alpha and Omega Semiconductor presently has a consensus rating of “Hold” and a consensus target price of $30.50.

About Alpha and Omega Semiconductor

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.