Alpha and Omega Semiconductor (NASDAQ:AOSL) Director Mike Chang Acquires 33,727 Shares

Key Points

  • Director Mike Chang bought 33,727 shares of AOSL on March 9 at $19.00 each for about $640,813, increasing his stake to 4,369,574 shares (a 0.78% boost) worth roughly $83.02 million.
  • Alpha and Omega missed estimates in its latest quarter with a ($0.16) EPS vs. ($0.08) expected and revenue of $162.26 million (down 6.3% YoY), and it currently has negative net margin and ROE while analysts' consensus rating is "Reduce" (average target $23.67).
  • The stock opened at $20.12 with a market cap near $598.8 million, a 12‑month range of $15.90–$33.01, and technical averages of a 50‑day $21.71 and 200‑day $23.90.

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Get Free Report) Director Mike Chang bought 33,727 shares of Alpha and Omega Semiconductor stock in a transaction that occurred on Monday, March 9th. The shares were acquired at an average cost of $19.00 per share, for a total transaction of $640,813.00. Following the acquisition, the director owned 4,369,574 shares in the company, valued at $83,021,906. The trade was a 0.78% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Alpha and Omega Semiconductor Stock Up 1.4%

NASDAQ AOSL opened at $20.12 on Wednesday. The firm has a market cap of $598.77 million, a price-to-earnings ratio of -5.80 and a beta of 1.99. The company has a 50-day simple moving average of $21.71 and a two-hundred day simple moving average of $23.90. Alpha and Omega Semiconductor Limited has a 12-month low of $15.90 and a 12-month high of $33.01.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last issued its earnings results on Thursday, February 5th. The semiconductor company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.08). Alpha and Omega Semiconductor had a negative net margin of 15.06% and a negative return on equity of 3.78%. The company had revenue of $162.26 million for the quarter, compared to analysts' expectations of $160.67 million. During the same quarter in the prior year, the company earned $0.09 earnings per share. The company's revenue was down 6.3% compared to the same quarter last year. Equities analysts expect that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth




Several brokerages have recently issued reports on AOSL. Wall Street Zen cut shares of Alpha and Omega Semiconductor from a "hold" rating to a "strong sell" rating in a report on Saturday, February 7th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Alpha and Omega Semiconductor in a report on Wednesday, January 21st. Zacks Research lowered shares of Alpha and Omega Semiconductor from a "hold" rating to a "strong sell" rating in a report on Tuesday, February 10th. Finally, Stifel Nicolaus lowered their price objective on shares of Alpha and Omega Semiconductor from $24.00 to $22.00 and set a "hold" rating for the company in a research note on Friday, February 6th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Reduce" and an average target price of $23.67.

Get Our Latest Stock Analysis on Alpha and Omega Semiconductor

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in AOSL. CWM LLC lifted its position in shares of Alpha and Omega Semiconductor by 20.0% in the 3rd quarter. CWM LLC now owns 2,314 shares of the semiconductor company's stock worth $65,000 after purchasing an additional 386 shares during the period. PNC Financial Services Group Inc. increased its position in shares of Alpha and Omega Semiconductor by 49.0% during the second quarter. PNC Financial Services Group Inc. now owns 1,533 shares of the semiconductor company's stock valued at $39,000 after buying an additional 504 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Alpha and Omega Semiconductor by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,167 shares of the semiconductor company's stock worth $352,000 after buying an additional 624 shares in the last quarter. GAMMA Investing LLC raised its stake in Alpha and Omega Semiconductor by 21.4% in the third quarter. GAMMA Investing LLC now owns 4,109 shares of the semiconductor company's stock worth $115,000 after buying an additional 724 shares in the last quarter. Finally, Royal Bank of Canada lifted its holdings in Alpha and Omega Semiconductor by 9.2% in the fourth quarter. Royal Bank of Canada now owns 8,938 shares of the semiconductor company's stock worth $177,000 after buying an additional 755 shares during the period. 78.97% of the stock is currently owned by institutional investors.

Alpha and Omega Semiconductor Company Profile

(Get Free Report)

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.

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