Alpha Semiconductor CFO Sells Shares, Stock Hits High

Alpha and Omega Semiconductors CFO, Yifan Liang, sold 8,625 shares, worth $302,000, in April. Despite this, he still holds 270,300 shares, valued at $9.15 million. The sale was part of a pre-set trading plan, and the stock has surged 128% in the past year. The companys new India factory boosted hopes for sales growth, but revenue dipped in the latest quarter. The high price-to-sales ratio suggests a good time for executives to sell, but investors should watch for earnings to confirm the stocks potential. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/60c05e43d6c0fe92