Alpha and Omega Semiconductor Ltd. (NASDAQ:AOSL) VP Daniel Kuang Ming Chang sold 3,731 shares of the business’s stock in a transaction on Tuesday, November 22nd. The shares were sold at an average price of $22.90, for a total value of $85,439.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Alpha and Omega Semiconductor Ltd. (NASDAQ:AOSL) remained flat at $22.57 during trading on Thursday. The stock had a trading volume of 62,790 shares. Alpha and Omega Semiconductor Ltd. has a 12-month low of $8.02 and a 12-month high of $23.27. The stock has a market capitalization of $525.77 million, a price-to-earnings ratio of 217.02 and a beta of 0.54. The stock has a 50 day moving average price of $21.38 and a 200-day moving average price of $17.76.
Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its earnings results on Thursday, November 3rd. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.13 by $0.06. Alpha and Omega Semiconductor had a return on equity of 1.24% and a net margin of 0.67%. The business had revenue of $97.40 million for the quarter, compared to the consensus estimate of $95.43 million. Alpha and Omega Semiconductor’s quarterly revenue was up 19.6% on a year-over-year basis. On average, analysts anticipate that Alpha and Omega Semiconductor Ltd. will post $0.49 earnings per share for the current year.
Several brokerages have recently weighed in on AOSL. B. Riley reiterated a “buy” rating and issued a $28.00 price target on shares of Alpha and Omega Semiconductor in a research report on Friday, November 4th. Zacks Investment Research upgraded Alpha and Omega Semiconductor from a “hold” rating to a “buy” rating and set a $23.00 price target for the company in a research report on Wednesday, November 9th. Finally, TheStreet upgraded Alpha and Omega Semiconductor from a “hold” rating to a “buy” rating in a research report on Wednesday, August 10th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $18.75.
Several institutional investors have recently added to or reduced their stakes in AOSL. Credit Suisse AG boosted its position in Alpha and Omega Semiconductor by 45.3% in the third quarter. Credit Suisse AG now owns 42,067 shares of the company’s stock valued at $914,000 after buying an additional 13,120 shares during the last quarter. Jane Street Group LLC purchased a new position in Alpha and Omega Semiconductor during the third quarter valued at $260,000. Fuller & Thaler Asset Management Inc. purchased a new position in Alpha and Omega Semiconductor during the third quarter valued at $3,341,000. D. E. Shaw & Co. Inc. boosted its position in Alpha and Omega Semiconductor by 19.7% in the third quarter. D. E. Shaw & Co. Inc. now owns 314,746 shares of the company’s stock valued at $6,837,000 after buying an additional 51,775 shares during the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new position in Alpha and Omega Semiconductor during the third quarter valued at $284,000. 68.52% of the stock is currently owned by hedge funds and other institutional investors.
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