A Director at Alpha and Omega (AOSL) is Buying Shares

Today, a Director at Alpha and Omega (AOSL), Michael Salameh, bought shares of AOSL for $149.9K.

Following this transaction Michael Salameh’s holding in the company was increased by 40.32% to a total of $505.4K. Following Michael Salameh’s last AOSL Buy transaction on May 14, 2015, the stock climbed by 1.4%.

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Based on Alpha and Omega’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $115 million and quarterly net profit of $2.42 million. In comparison, last year the company earned revenue of $105 million and had a net profit of $4.8 million. AOSL’s market cap is $238.8M and the company has a P/E ratio of 20.49. Currently, Alpha and Omega has an average volume of 116.9K.

One of the top 25 analysts, according to TipRanks.com, recently recommended Buy AOSL with a $18 price target.

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Alpha & Omega Semiconductor Ltd. designs, develops and supplies power semiconductor products. Its products include analog switches, insulated-gate bipolar transistors, metal-oxide-semiconductor field-effect transistors, power integrated circuits, and transient voltage suppressors.

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