Bing Xue Sells 1,845 Shares of Alpha and Omega Semiconductor (NASDAQ:AOSL) Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue sold 1,845 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $20.56, for a total value of $37,933.20. Following the completion of the sale, the executive vice president directly owned 127,863 shares of the company’s stock, valued at $2,628,863.28. The trade was a 1.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Alpha and Omega Semiconductor Stock Down 0.6%

NASDAQ AOSL opened at $20.05 on Thursday. Alpha and Omega Semiconductor Limited has a 52 week low of $15.90 and a 52 week high of $46.65. The business has a 50 day moving average price of $23.69 and a 200-day moving average price of $25.82. The company has a market cap of $602.70 million, a price-to-earnings ratio of -6.17 and a beta of 1.93.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Nisa Investment Advisors LLC grew its position in Alpha and Omega Semiconductor by 137.6% during the second quarter. Nisa Investment Advisors LLC now owns 1,012 shares of the semiconductor company’s stock valued at $26,000 after buying an additional 586 shares during the period. Hantz Financial Services Inc. boosted its stake in Alpha and Omega Semiconductor by 634.8% in the third quarter. Hantz Financial Services Inc. now owns 1,036 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 895 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of Alpha and Omega Semiconductor by 49.0% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,533 shares of the semiconductor company’s stock valued at $39,000 after acquiring an additional 504 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Alpha and Omega Semiconductor by 953.2% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,801 shares of the semiconductor company’s stock worth $46,000 after purchasing an additional 1,630 shares during the last quarter. Finally, CWM LLC raised its holdings in shares of Alpha and Omega Semiconductor by 403.4% in the 2nd quarter. CWM LLC now owns 1,928 shares of the semiconductor company’s stock worth $49,000 after purchasing an additional 1,545 shares during the period. Hedge funds and other institutional investors own 78.97% of the company’s stock.

Analysts Set New Price Targets

AOSL has been the topic of several research reports. B. Riley restated a “neutral” rating and set a $24.00 price objective (down previously from $40.00) on shares of Alpha and Omega Semiconductor in a report on Thursday, November 6th. Benchmark dropped their price target on shares of Alpha and Omega Semiconductor from $32.00 to $25.00 and set a “buy” rating on the stock in a research report on Thursday, November 6th. Wall Street Zen upgraded Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research note on Saturday, December 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research note on Wednesday, October 8th. Finally, Stifel Nicolaus lowered their price target on Alpha and Omega Semiconductor from $29.00 to $24.00 and set a “hold” rating for the company in a research report on Thursday, November 6th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Alpha and Omega Semiconductor has a consensus rating of “Hold” and an average price target of $24.33.

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.