Alpha and Omega Semiconductor (NASDAQ:AOSL) EVP Bing Xue Sells 2,408 Shares

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue sold 2,408 shares of the business’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $21.92, for a total transaction of $52,783.36. Following the sale, the executive vice president directly owned 113,631 shares in the company, valued at $2,490,791.52. This trade represents a 2.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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

• On Thursday, January 15th, Bing Xue sold 737 shares of Alpha and Omega Semiconductor stock. The stock was sold at an average price of $22.43, for a total value of $16,530.91.

Alpha and Omega Semiconductor Price Performance

AOSL traded down $0.39 on Thursday, reaching $20.75. 7,614 shares of the stock were exchanged, compared to its average volume of 338,549. The company’s 50-day moving average price is $21.75 and its 200 day moving average price is $23.61. The firm has a market capitalization of $617.37 million, a PE ratio of -5.98 and a beta of 1.99. Alpha and Omega Semiconductor Limited has a fifty-two week low of $15.90 and a fifty-two week high of $33.01.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings data on Thursday, February 5th. The semiconductor company reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.08). Alpha and Omega Semiconductor had a negative net margin of 15.06% and a negative return on equity of 3.78%. The firm had revenue of $162.26 million during the quarter, compared to analyst estimates of $160.67 million. During the same period in the prior year, the company posted $0.09 earnings per share. The firm’s revenue for the quarter was down 6.3% on a year-over-year basis. As a group, equities analysts forecast that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Wall Street Zen cut shares of Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a research note on Saturday, February 7th. Stifel Nicolaus cut their price objective on shares of Alpha and Omega Semiconductor from $24.00 to $22.00 and set a “hold” rating on the stock in a research note on Friday, February 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a report on Wednesday, January 21st. Finally, Zacks Research downgraded shares of Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 10th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $23.67.

Institutional Investors Weigh In On Alpha and Omega Semiconductor

Several large investors have recently bought and sold shares of the company. Invesco Ltd. lifted its holdings in Alpha and Omega Semiconductor by 19.8% in the 4th quarter. Invesco Ltd. now owns 381,767 shares of the semiconductor company’s stock valued at $7,563,000 after purchasing an additional 63,134 shares in the last quarter. Summit Global Investments purchased a new stake in shares of Alpha and Omega Semiconductor during the fourth quarter worth $223,000. Empowered Funds LLC raised its position in shares of Alpha and Omega Semiconductor by 106.7% in the fourth quarter. Empowered Funds LLC now owns 109,541 shares of the semiconductor company’s stock valued at $2,170,000 after buying an additional 56,558 shares during the last quarter. XTX Topco Ltd acquired a new stake in shares of Alpha and Omega Semiconductor in the fourth quarter valued at about $738,000. Finally, Tudor Investment Corp ET AL lifted its stake in shares of Alpha and Omega Semiconductor by 41.1% in the fourth quarter. Tudor Investment Corp ET AL now owns 15,401 shares of the semiconductor company’s stock worth $305,000 after buying an additional 4,488 shares in the last quarter. 78.97% of the stock is currently owned by hedge funds and other institutional investors.

Alpha and Omega Semiconductor Company Profile

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.