Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) VP Daniel Kuang Ming Chang sold 3,588 shares of the company’s stock in a transaction dated Monday, October 9th. The stock was sold at an average price of $17.19, for a total transaction of $61,677.72. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) traded down 0.46% during mid-day trading on Wednesday, reaching $17.42. 70,956 shares of the company’s stock were exchanged. The stock has a market capitalization of $418.74 million, a PE ratio of 31.11 and a beta of 0.28. Alpha and Omega Semiconductor Limited has a 1-year low of $14.81 and a 1-year high of $23.93. The firm’s 50-day moving average is $15.95 and its 200 day moving average is $17.08.

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) last announced its quarterly earnings results on Wednesday, August 9th. The semiconductor company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.09. Alpha and Omega Semiconductor Limited had a net margin of 3.61% and a return on equity of 4.76%. The company had revenue of $98.00 million for the quarter, compared to the consensus estimate of $97.50 million. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. Analysts forecast that Alpha and Omega Semiconductor Limited will post $1.02 earnings per share for the current fiscal year.

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Several hedge funds and other institutional investors have recently made changes to their positions in AOSL. Wells Fargo & Company MN lifted its holdings in shares of Alpha and Omega Semiconductor Limited by 102.1% in the first quarter. Wells Fargo & Company MN now owns 77,354 shares of the semiconductor company’s stock valued at $1,330,000 after purchasing an additional 39,077 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Alpha and Omega Semiconductor Limited by 9.8% in the first quarter. Bank of New York Mellon Corp now owns 98,937 shares of the semiconductor company’s stock valued at $1,701,000 after purchasing an additional 8,822 shares in the last quarter. Prudential Financial Inc. lifted its holdings in shares of Alpha and Omega Semiconductor Limited by 2.1% in the first quarter. Prudential Financial Inc. now owns 217,615 shares of the semiconductor company’s stock valued at $3,741,000 after purchasing an additional 4,390 shares in the last quarter. SG Americas Securities LLC purchased a new stake in shares of Alpha and Omega Semiconductor Limited in the first quarter valued at about $150,000. Finally, American International Group Inc. lifted its holdings in shares of Alpha and Omega Semiconductor Limited by 7.5% in the first quarter. American International Group Inc. now owns 11,227 shares of the semiconductor company’s stock valued at $193,000 after purchasing an additional 780 shares in the last quarter. 69.88% of the stock is currently owned by institutional investors.

Several research firms recently weighed in on AOSL. B. Riley restated a “buy” rating and set a $30.00 price target on shares of Alpha and Omega Semiconductor Limited in a research report on Sunday, August 13th. Zacks Investment Research downgraded shares of Alpha and Omega Semiconductor Limited from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 4th. Sidoti began coverage on shares of Alpha and Omega Semiconductor Limited in a report on Thursday, July 13th. They issued a “buy” rating for the company. Stifel Nicolaus cut their price objective on shares of Alpha and Omega Semiconductor Limited from $19.00 to $18.00 and set a “hold” rating for the company in a report on Thursday, September 7th. Finally, Northland Securities reiterated a “buy” rating and issued a $30.00 price objective on shares of Alpha and Omega Semiconductor Limited in a report on Thursday, July 6th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Alpha and Omega Semiconductor Limited currently has a consensus rating of “Buy” and an average target price of $26.00.

About Alpha and Omega Semiconductor Limited

Alpha and Omega Semiconductor Limited is a designer, developer and global supplier of power semiconductors. The Company’s portfolio of power semiconductors includes approximately 1,600 products, as of June 30, 2016. The Company’s product portfolio consists of two categories: power discretes and power integrated circuits (ICs).

Insider Buying and Selling by Quarter for Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

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