Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) CFO Yifan Liang sold 15,075 shares of the firm’s stock in a transaction that occurred on Monday, January 8th. The stock was sold at an average price of $17.70, for a total transaction of $266,827.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of Alpha and Omega Semiconductor Ltd (AOSL) opened at $16.72 on Friday. Alpha and Omega Semiconductor Ltd has a 12 month low of $14.81 and a 12 month high of $22.38. The firm has a market cap of $403.60 and a P/E ratio of 27.52.
Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its earnings results on Thursday, November 2nd. The semiconductor company reported $0.19 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.01). Alpha and Omega Semiconductor had a net margin of 3.92% and a return on equity of 4.85%. The firm had revenue of $104.90 million during the quarter, compared to the consensus estimate of $103.15 million. During the same period in the previous year, the company posted $0.14 EPS. The firm’s revenue for the quarter was up 7.0% on a year-over-year basis. equities analysts anticipate that Alpha and Omega Semiconductor Ltd will post 0.64 EPS for the current fiscal year.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of Montreal Can boosted its holdings in Alpha and Omega Semiconductor by 1,162.7% during the fourth quarter. Bank of Montreal Can now owns 9,344 shares of the semiconductor company’s stock worth $152,000 after purchasing an additional 8,604 shares during the last quarter. Voya Investment Management LLC bought a new position in shares of Alpha and Omega Semiconductor in the second quarter valued at about $177,000. Los Angeles Capital Management & Equity Research Inc. bought a new position in shares of Alpha and Omega Semiconductor in the second quarter valued at about $178,000. Alliancebernstein L.P. bought a new position in shares of Alpha and Omega Semiconductor in the second quarter valued at about $227,000. Finally, Ameriprise Financial Inc. bought a new position in shares of Alpha and Omega Semiconductor in the second quarter valued at about $238,000. Institutional investors and hedge funds own 70.20% of the company’s stock.
A number of equities research analysts have issued reports on AOSL shares. Stifel Nicolaus reissued a “hold” rating and set a $18.00 target price on shares of Alpha and Omega Semiconductor in a research note on Thursday, October 12th. B. Riley raised their price target on shares of Alpha and Omega Semiconductor from $24.00 to $27.00 and gave the company a “buy” rating in a report on Friday, November 3rd. Northland Securities restated a “buy” rating and set a $30.00 price target on shares of Alpha and Omega Semiconductor in a report on Friday, November 3rd. Finally, BidaskClub downgraded shares of Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a report on Saturday, December 2nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $25.00.
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About Alpha and Omega Semiconductor
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).
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