Todays Report: Today, Insider Selling: Alpha and Omega Semiconductor Ltd. (AOSL) CEO Sold $1,132,000.00 in Stock

Today, Insider Selling: Alpha and Omega Semiconductor Ltd. (AOSL) CEO Sold $1,132,000.00 in Stock

Alpha and Omega Semiconductor Ltd. (NASDAQ:AOSL) CEO Mike F. Chang sold 50,000 shares of the firm’s stock in a transaction on Monday, October 10th. The stock was sold at an average price of $22.64, for a total value of $1,132,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Alpha and Omega Semiconductor Ltd. (NASDAQ:AOSL) opened at 21.27 on Monday. The firm’s market capitalization is $484.00 million. The stock has a 50 day moving average price of $21.52 and a 200-day moving average price of $16.06. Alpha and Omega Semiconductor Ltd. has a 52 week low of $8.02 and a 52 week high of $23.27.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its earnings results on Wednesday, August 10th. The company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.09. The business had revenue of $91.40 million for the quarter, compared to analyst estimates of $87.50 million. Alpha and Omega Semiconductor had a negative return on equity of 0.91% and a negative net margin of 0.87%. On average, equities research analysts forecast that Alpha and Omega Semiconductor Ltd. will post $0.37 earnings per share for the current year.

Several research analysts have issued reports on the company. Zacks Investment Research upgraded Alpha and Omega Semiconductor from a “hold” rating to a “strong-buy” rating and set a $22.00 price objective for the company in a research note on Tuesday, August 16th. TheStreet upgraded Alpha and Omega Semiconductor from a “hold” rating to a “buy” rating in a research note on Wednesday, August 10th. Finally, B. Riley lowered Alpha and Omega Semiconductor from a “buy” rating to a “neutral” rating in a research note on Tuesday, September 13th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Alpha and Omega Semiconductor currently has a consensus rating of “Buy” and an average price target of $18.00.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Oxford Asset Management raised its position in Alpha and Omega Semiconductor by 4.0% in the second quarter. Oxford Asset Management now owns 58,380 shares of the company’s stock worth $813,000 after buying an additional 2,221 shares during the last quarter. GSA Capital Partners LLP increased its stake in Alpha and Omega Semiconductor by 7.9% in the second quarter. GSA Capital Partners LLP now owns 43,900 shares of the company’s stock valued at $612,000 after buying an additional 3,200 shares during the period. Emerald Acquisition Ltd. purchased a new stake in Alpha and Omega Semiconductor during the second quarter valued at about $1,973,000. First Quadrant L P CA increased its stake in Alpha and Omega Semiconductor by 14.0% in the second quarter. First Quadrant L P CA now owns 64,500 shares of the company’s stock valued at $898,000 after buying an additional 7,900 shares during the period. Finally, Acadian Asset Management LLC increased its stake in Alpha and Omega Semiconductor by 53.2% in the second quarter. Acadian Asset Management LLC now owns 567,258 shares of the company’s stock valued at $7,902,000 after buying an additional 197,098 shares during the period. 63.64% of the stock is currently owned by institutional investors and hedge funds.

Alpha and Omega Semiconductor Company Profile

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