Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Shares Bought by First Eagle Investment Management LLC

First Eagle Investment Management LLC increased its position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 5.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 471,642 shares of the semiconductor company’s stock after buying an additional 25,100 shares during the period. First Eagle Investment Management LLC owned about 1.64% of Alpha and Omega Semiconductor worth $17,625,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Pineridge Advisors LLC purchased a new stake in Alpha and Omega Semiconductor in the 4th quarter worth approximately $30,000. Gladius Capital Management LP purchased a new stake in shares of Alpha and Omega Semiconductor in the second quarter valued at $36,000. nVerses Capital LLC acquired a new position in Alpha and Omega Semiconductor in the second quarter valued at $116,000. Arizona State Retirement System purchased a new position in Alpha and Omega Semiconductor during the second quarter worth about $251,000. Finally, Overbrook Management Corp purchased a new position in Alpha and Omega Semiconductor during the first quarter worth about $260,000. Hedge funds and other institutional investors own 78.97% of the company’s stock.

Alpha and Omega Semiconductor Stock Down 1.9 %

Shares of NASDAQ:AOSL opened at $34.26 on Thursday. The stock has a 50-day simple moving average of $38.38 and a 200-day simple moving average of $30.70. The stock has a market capitalization of $983.33 million, a P/E ratio of -100.76 and a beta of 2.42. Alpha and Omega Semiconductor Limited has a 1 year low of $19.38 and a 1 year high of $47.45. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.31 and a current ratio of 2.58.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its quarterly earnings data on Wednesday, August 7th. The semiconductor company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.05. Alpha and Omega Semiconductor had a negative net margin of 1.69% and a negative return on equity of 0.33%. The company had revenue of $161.30 million during the quarter, compared to the consensus estimate of $160.03 million. During the same period in the previous year, the firm earned $0.08 earnings per share. Alpha and Omega Semiconductor’s revenue for the quarter was down .1% on a year-over-year basis. Equities analysts forecast that Alpha and Omega Semiconductor Limited will post -1.06 earnings per share for the current year.

Analyst Ratings Changes

AOSL has been the subject of several recent analyst reports. Benchmark lifted their price target on Alpha and Omega Semiconductor from $28.00 to $42.00 and gave the company a “buy” rating in a report on Friday, June 28th. B. Riley upped their price target on shares of Alpha and Omega Semiconductor from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Thursday, July 11th. StockNews.com lowered shares of Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a report on Wednesday. Finally, Stifel Nicolaus boosted their price objective on shares of Alpha and Omega Semiconductor from $21.00 to $36.00 and gave the company a “sell” rating in a research note on Thursday, July 18th.

Insider Buying and Selling

In other Alpha and Omega Semiconductor news, Director Lucas S. Chang sold 3,377 shares of the business’s stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $38.06, for a total transaction of $128,528.62. Following the transaction, the director now owns 33,245 shares in the company, valued at $1,265,304.70. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, CFO Yifan Liang sold 10,000 shares of the firm’s stock in a transaction on Monday, August 12th. The shares were sold at an average price of $35.60, for a total transaction of $356,000.00. Following the completion of the sale, the chief financial officer now directly owns 296,294 shares of the company’s stock, valued at approximately $10,548,066.40. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Lucas S. Chang sold 3,377 shares of the business’s stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $38.06, for a total transaction of $128,528.62. Following the completion of the transaction, the director now owns 33,245 shares in the company, valued at approximately $1,265,304.70. The disclosure for this sale can be found here. 17.90% of the stock is owned by corporate insiders.

Alpha and Omega Semiconductor Profile

Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications in Hong Kong, China, South Korea, the United States, and internationally. It offers power discrete products, including metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors for use in smart phone chargers, battery packs, notebooks, desktop and servers, data centers, base stations, graphics card, game boxes, TVs, AC adapters, power supplies, motor control, power tools, E-vehicles, white goods and industrial motor drives, UPS systems, solar inverters, and industrial welding.