Bing Xue Sells 737 Shares of Alpha and Omega Semiconductor (NASDAQ:AOSL) Stock

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) EVP Bing Xue sold 737 shares of Alpha and Omega Semiconductor stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $22.43, for a total value of $16,530.91. Following the sale, the executive vice president directly owned 118,499 shares in the company, valued at $2,657,932.57. This trade represents a 0.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

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

• On Monday, December 15th, Bing Xue sold 1,845 shares of Alpha and Omega Semiconductor stock. The shares were sold at an average price of $20.56, for a total transaction of $37,933.20.

Alpha and Omega Semiconductor Price Performance

Alpha and Omega Semiconductor stock opened at $22.51 on Friday. Alpha and Omega Semiconductor Limited has a 1 year low of $15.90 and a 1 year high of $46.65. The firm’s 50 day moving average price is $20.47 and its 200-day moving average price is $25.32. The stock has a market cap of $676.65 million, a P/E ratio of -6.93 and a beta of 1.96.

Institutional Investors Weigh In On Alpha and Omega Semiconductor

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Royal Bank of Canada boosted its stake in shares of Alpha and Omega Semiconductor by 7.4% during the 1st quarter. Royal Bank of Canada now owns 11,939 shares of the semiconductor company’s stock worth $297,000 after purchasing an additional 820 shares during the period. AQR Capital Management LLC purchased a new position in shares of Alpha and Omega Semiconductor during the first quarter valued at approximately $471,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Alpha and Omega Semiconductor by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,167 shares of the semiconductor company’s stock valued at $352,000 after buying an additional 624 shares during the last quarter. Strs Ohio bought a new position in shares of Alpha and Omega Semiconductor during the first quarter valued at approximately $70,000. Finally, Voya Investment Management LLC raised its holdings in shares of Alpha and Omega Semiconductor by 760.5% in the first quarter. Voya Investment Management LLC now owns 62,448 shares of the semiconductor company’s stock worth $1,552,000 after buying an additional 55,191 shares during the period. Hedge funds and other institutional investors own 78.97% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on AOSL shares. Wall Street Zen raised shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Saturday, December 6th. Stifel Nicolaus decreased their target price on Alpha and Omega Semiconductor from $29.00 to $24.00 and set a “hold” rating on the stock in a research report on Thursday, November 6th. Benchmark cut their price target on Alpha and Omega Semiconductor from $32.00 to $25.00 and set a “buy” rating for the company in a report on Thursday, November 6th. B. Riley reaffirmed a “neutral” rating and issued a $24.00 price objective (down previously from $40.00) on shares of Alpha and Omega Semiconductor in a research note on Thursday, November 6th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $24.33.

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.