Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Director Claudia Chen Sells 5,623 Shares

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Director Claudia Chen sold 5,623 shares of the company’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $51.27, for a total transaction of $288,291.21. Following the completion of the sale, the director now directly owns 26,572 shares of the company’s stock, valued at $1,362,346.44. The trade was a 17.47 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Alpha and Omega Semiconductor Stock Performance

NASDAQ:AOSL traded down $1.93 on Thursday, reaching $47.23. 1,230,573 shares of the company’s stock were exchanged, compared to its average volume of 309,204. The firm has a market cap of $1.37 billion, a price-to-earnings ratio of -70.49 and a beta of 2.48. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.65 and a quick ratio of 1.44. The stock has a fifty day simple moving average of $35.49 and a 200-day simple moving average of $35.62. Alpha and Omega Semiconductor Limited has a 52 week low of $19.38 and a 52 week high of $53.29.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its quarterly earnings data on Monday, November 4th. The semiconductor company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.01). Alpha and Omega Semiconductor had a positive return on equity of 0.19% and a negative net margin of 2.94%. The business had revenue of $181.89 million during the quarter, compared to the consensus estimate of $180.07 million. During the same period last year, the business posted $0.30 earnings per share. The firm’s quarterly revenue was up .7% on a year-over-year basis. As a group, sell-side analysts predict that Alpha and Omega Semiconductor Limited will post -0.67 earnings per share for the current year.

Analyst Upgrades and Downgrades

AOSL has been the subject of several recent analyst reports. Benchmark reaffirmed a “buy” rating and issued a $40.00 target price on shares of Alpha and Omega Semiconductor in a report on Wednesday, November 6th. Stifel Nicolaus cut their price objective on Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating on the stock in a research report on Wednesday, November 6th. StockNews.com lowered Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research report on Monday. Finally, B. Riley lowered their price target on shares of Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th.

Hedge Funds Weigh In On Alpha and Omega Semiconductor

Several hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in Alpha and Omega Semiconductor by 1.9% during the first quarter. Vanguard Group Inc. now owns 2,125,356 shares of the semiconductor company’s stock valued at $46,843,000 after acquiring an additional 40,183 shares in the last quarter. State Street Corp boosted its holdings in Alpha and Omega Semiconductor by 33.2% in the 3rd quarter. State Street Corp now owns 1,341,290 shares of the semiconductor company’s stock valued at $49,789,000 after purchasing an additional 334,657 shares during the period. The Manufacturers Life Insurance Company grew its position in shares of Alpha and Omega Semiconductor by 15.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,284,650 shares of the semiconductor company’s stock valued at $48,007,000 after purchasing an additional 169,619 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Alpha and Omega Semiconductor by 5.7% in the third quarter. Geode Capital Management LLC now owns 578,705 shares of the semiconductor company’s stock worth $21,486,000 after purchasing an additional 31,286 shares during the period. Finally, First Eagle Investment Management LLC raised its position in shares of Alpha and Omega Semiconductor by 5.6% in the second quarter. First Eagle Investment Management LLC now owns 471,642 shares of the semiconductor company’s stock worth $17,625,000 after buying an additional 25,100 shares in the last quarter. 78.97% of the stock is currently owned by hedge funds and other institutional investors.

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.