Alpha & Omega Semiconductor Ltd’s filing revealed that its Chief Operating Officer Li Wenjun unloaded Company’s shares for reported $77475.0 on Oct 24 ’24. In the deal valued at $35.49 per share,2,183 shares were sold. As a result of this transaction, Li Wenjun now holds 61,331 shares worth roughly $1.64 million.
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Then, WENJUN LI bought 2,183 shares, generating $77,475 in total proceeds.
Before that, Li Wenjun sold 9,346 shares. Alpha & Omega Semiconductor Ltd shares valued at $302,675 were divested by the Chief Operating Officer at a price of $32.39 per share. As a result of the transaction, Li Wenjun now holds 63,514 shares, worth roughly $1.7 million.
B. Riley Securities upgraded its Alpha & Omega Semiconductor Ltd [AOSL] rating to a Buy from a a Neutral in a research note published on January 02, 2024; the price target was increased to $34 from $28. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who decreased its forecast for the stock in mid June from “a Buy” to “a Neutral”. The Benchmark Company began covering AOSL with “Buy” recommendation on September 23, 2021. B. Riley Securities maintained its rating on November 06, 2020. It rated AOSL as “a Buy”.
Price Performance Review of AOSL
On Tuesday, Alpha & Omega Semiconductor Ltd [NASDAQ:AOSL] saw its stock fall -19.49% to $26.77. Over the last five days, the stock has lost -26.92%. Alpha & Omega Semiconductor Ltd shares have risen nearly 2.72% since the year began. Nevertheless, the stocks have risen 3.72% over the past one year. While a 52-week high of $47.45 was reached on 07/18/24, a 52-week low of $19.38 was recorded on 04/19/24. SMA at 50 days reached $35.92, while 200 days put it at $30.61.
Levels Of Support And Resistance For AOSL Stock
The 24-hour chart illustrates a support level at 25.14, which if violated will result in even more drops to 23.52. On the upside, there is a resistance level at 29.28. A further resistance level may holdings at 31.79. The Relative Strength Index (RSI) on the 14-day chart is 24.59, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.21%. Stochastics %K at 11.98% indicates the stock is a buying.
How much short interest is there in Alpha & Omega Semiconductor Ltd?
A steep rise in short interest was recorded in Alpha & Omega Semiconductor Ltd stocks on 2024-10-15, dropping by 89542.0 shares to a total of 0.91 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 0.99 million shares. There was a decline of -9.89%, which implies that there is a negative sentiment for the stock.
