Wenjun Li Sells 2,183 Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) COO Wenjun Li sold 2,183 shares of the stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $35.49, for a total transaction of $77,474.67. Following the completion of the transaction, the chief operating officer now directly owns 61,331 shares of the company’s stock, valued at approximately $2,176,637.19. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Alpha and Omega Semiconductor Stock Performance

Alpha and Omega Semiconductor stock opened at $36.01 on Friday. Alpha and Omega Semiconductor Limited has a twelve month low of $19.38 and a twelve month high of $47.45. The company has a quick ratio of 1.31, a current ratio of 2.58 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $1.03 billion, a P/E ratio of -105.91 and a beta of 2.41. The stock’s 50 day moving average is $36.49 and its 200 day moving average is $33.36.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its earnings results on Wednesday, August 7th. The semiconductor company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.05. The firm had revenue of $161.30 million for the quarter, compared to analysts’ expectations of $160.03 million. Alpha and Omega Semiconductor had a negative return on equity of 0.33% and a negative net margin of 1.69%. The company’s quarterly revenue was down .1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.08 earnings per share. On average, equities research analysts predict that Alpha and Omega Semiconductor Limited will post -0.32 earnings per share for the current fiscal year.

Institutional Trading of Alpha and Omega Semiconductor

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Gladius Capital Management LP purchased a new stake in shares of Alpha and Omega Semiconductor during the second quarter valued at approximately $36,000. Point72 DIFC Ltd bought a new stake in shares of Alpha and Omega Semiconductor in the 2nd quarter worth $47,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Alpha and Omega Semiconductor in the second quarter worth $62,000. nVerses Capital LLC bought a new position in shares of Alpha and Omega Semiconductor during the second quarter valued at $116,000. Finally, Eastern Bank purchased a new stake in shares of Alpha and Omega Semiconductor during the third quarter valued at $174,000. 78.97% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on AOSL. B. Riley upped their target price on Alpha and Omega Semiconductor from $40.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, July 11th. StockNews.com raised Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Friday. Finally, Stifel Nicolaus upped their target price on shares of Alpha and Omega Semiconductor from $21.00 to $36.00 and gave the stock a “sell” rating in a research report on Thursday, July 18th.

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.