Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Shares Purchased by Barclays PLC

Barclays PLC raised its position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 367.4% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 40,359 shares of the semiconductor company’s stock after purchasing an additional 31,725 shares during the period. Barclays PLC owned 0.14% of Alpha and Omega Semiconductor worth $1,498,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AOSL. State Street Corp raised its position in shares of Alpha and Omega Semiconductor by 33.2% in the third quarter. State Street Corp now owns 1,341,290 shares of the semiconductor company’s stock valued at $49,789,000 after buying an additional 334,657 shares during the last quarter. Point72 Asset Management L.P. grew its stake in Alpha and Omega Semiconductor by 110.1% during the 3rd quarter. Point72 Asset Management L.P. now owns 471,535 shares of the semiconductor company’s stock valued at $17,503,000 after acquiring an additional 247,051 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in Alpha and Omega Semiconductor by 15.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,284,650 shares of the semiconductor company’s stock valued at $48,007,000 after acquiring an additional 169,619 shares during the last quarter. Millennium Management LLC lifted its stake in Alpha and Omega Semiconductor by 867.6% in the 2nd quarter. Millennium Management LLC now owns 137,280 shares of the semiconductor company’s stock worth $5,130,000 after purchasing an additional 123,093 shares in the last quarter. Finally, Algert Global LLC boosted its holdings in shares of Alpha and Omega Semiconductor by 172.8% during the 3rd quarter. Algert Global LLC now owns 89,920 shares of the semiconductor company’s stock worth $3,338,000 after purchasing an additional 56,962 shares during the last quarter. Institutional investors and hedge funds own 78.97% of the company’s stock.

Insider Activity at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 1,883 shares of the business’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $47.38, for a total transaction of $89,216.54. Following the sale, the executive vice president now directly owns 127,103 shares in the company, valued at $6,022,140.14. This represents a 1.46 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Yifan Liang sold 31,004 shares of the firm’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $49.21, for a total transaction of $1,525,706.84. Following the completion of the transaction, the chief financial officer now directly owns 265,175 shares of the company’s stock, valued at approximately $13,049,261.75. The trade was a 10.47 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 54,065 shares of company stock worth $2,534,690. Insiders own 16.90% of the company’s stock.

Alpha and Omega Semiconductor Price Performance

AOSL stock opened at $38.36 on Friday. Alpha and Omega Semiconductor Limited has a 52-week low of $19.38 and a 52-week high of $53.29. The company has a quick ratio of 1.44, a current ratio of 2.65 and a debt-to-equity ratio of 0.03. The stock has a market cap of $1.11 billion, a price-to-earnings ratio of -57.25 and a beta of 2.48. The business has a fifty day moving average of $37.45 and a two-hundred day moving average of $37.27.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). The company had revenue of $181.89 million for the quarter, compared to analyst estimates of $180.07 million. Alpha and Omega Semiconductor had a negative net margin of 2.94% and a positive return on equity of 0.19%. Alpha and Omega Semiconductor’s revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.30 earnings per share. As a group, research analysts anticipate that Alpha and Omega Semiconductor Limited will post -0.67 earnings per share for the current year.

Wall Street Analysts Forecast Growth

AOSL has been the topic of a number of analyst reports. StockNews.com upgraded Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Tuesday, December 24th. Benchmark reiterated a “buy” rating and set a $40.00 price target on shares of Alpha and Omega Semiconductor in a report on Wednesday, November 6th. Stifel Nicolaus dropped their price objective on shares of Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating for the company in a report on Wednesday, November 6th. Finally, B. Riley reduced their target price on shares of Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th.

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.