Bing Xue Sells 1,956 Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue sold 1,956 shares of Alpha and Omega Semiconductor stock in a transaction on Monday, April 22nd. The shares were sold at an average price of $19.57, for a total value of $38,278.92. Following the completion of the sale, the executive vice president now directly owns 130,082 shares of the company’s stock, valued at approximately $2,545,704.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Wednesday, March 20th, Bing Xue sold 4,401 shares of Alpha and Omega Semiconductor stock. The shares were sold at an average price of $20.56, for a total value of $90,484.56.
• On Wednesday, February 14th, Bing Xue sold 14,292 shares of Alpha and Omega Semiconductor stock. The shares were sold at an average price of $22.77, for a total value of $325,428.84.

Alpha and Omega Semiconductor Price Performance

AOSL stock opened at $20.18 on Wednesday. The stock has a 50-day moving average price of $22.04 and a two-hundred day moving average price of $23.92. Alpha and Omega Semiconductor Limited has a 12-month low of $19.38 and a 12-month high of $35.40. The company has a current ratio of 2.52, a quick ratio of 1.33 and a debt-to-equity ratio of 0.04. The company has a market cap of $570.65 million, a PE ratio of -32.03 and a beta of 2.39.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings results on Tuesday, February 6th. The semiconductor company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.04. The firm had revenue of $165.29 million during the quarter, compared to the consensus estimate of $165.00 million. Alpha and Omega Semiconductor had a positive return on equity of 0.64% and a negative net margin of 2.68%. As a group, research analysts predict that Alpha and Omega Semiconductor Limited will post -0.5 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. B. Riley raised Alpha and Omega Semiconductor from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $28.00 to $34.00 in a research report on Tuesday, January 2nd. StockNews.com raised Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Wednesday, March 6th. Finally, Stifel Nicolaus lowered their price target on Alpha and Omega Semiconductor from $23.00 to $21.00 and set a “sell” rating for the company in a research report on Thursday, April 18th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. SummerHaven Investment Management LLC lifted its stake in shares of Alpha and Omega Semiconductor by 2.0% during the fourth quarter. SummerHaven Investment Management LLC now owns 22,635 shares of the semiconductor company’s stock worth $590,000 after purchasing an additional 438 shares in the last quarter. Pineridge Advisors LLC acquired a new position in shares of Alpha and Omega Semiconductor during the fourth quarter worth about $30,000. Raymond James & Associates lifted its stake in shares of Alpha and Omega Semiconductor by 8.5% during the fourth quarter. Raymond James & Associates now owns 19,510 shares of the semiconductor company’s stock worth $508,000 after purchasing an additional 1,533 shares in the last quarter. Barclays PLC lifted its stake in shares of Alpha and Omega Semiconductor by 11.1% during the third quarter. Barclays PLC now owns 19,740 shares of the semiconductor company’s stock worth $588,000 after purchasing an additional 1,968 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Alpha and Omega Semiconductor by 56.3% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,496 shares of the semiconductor company’s stock worth $164,000 after purchasing an additional 1,979 shares in the last quarter. Institutional investors and hedge funds own 78.97% of the company’s stock.

About Alpha and Omega Semiconductor

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.