Barclays PLC lifted its holdings in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL – Free Report) by 367.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 40,359 shares of the semiconductor company’s stock after buying an additional 31,725 shares during the period. Barclays PLC owned approximately 0.14% of Alpha and Omega Semiconductor worth $1,498,000 at the end of the most recent quarter.
Several other hedge funds have also made changes to their positions in the business. Geode Capital Management LLC boosted its stake in shares of Alpha and Omega Semiconductor by 5.7% during the third quarter. Geode Capital Management LLC now owns 578,705 shares of the semiconductor company’s stock worth $21,486,000 after buying an additional 31,286 shares during the period. Zacks Investment Management lifted its position in Alpha and Omega Semiconductor by 12.1% in the third quarter. Zacks Investment Management now owns 67,367 shares of the semiconductor company’s stock valued at $2,501,000 after purchasing an additional 7,294 shares during the period. Jane Street Group LLC boosted its holdings in Alpha and Omega Semiconductor by 77.2% in the 3rd quarter. Jane Street Group LLC now owns 55,243 shares of the semiconductor company’s stock valued at $2,051,000 after purchasing an additional 24,067 shares in the last quarter. State Street Corp boosted its holdings in Alpha and Omega Semiconductor by 33.2% in the 3rd quarter. State Street Corp now owns 1,341,290 shares of the semiconductor company’s stock valued at $49,789,000 after purchasing an additional 334,657 shares in the last quarter. Finally, Systematic Financial Management LP purchased a new stake in Alpha and Omega Semiconductor in the 3rd quarter valued at approximately $702,000. Institutional investors and hedge funds own 78.97% of the company’s stock.
Alpha and Omega Semiconductor Price Performance
Shares of NASDAQ:AOSL opened at $36.00 on Monday. The business’s 50 day simple moving average is $37.94 and its 200-day simple moving average is $37.67. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of -53.73 and a beta of 2.48. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.65 and a quick ratio of 1.44. Alpha and Omega Semiconductor Limited has a 12 month low of $19.38 and a 12 month high of $53.29.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on AOSL shares. B. Riley lowered their price objective on Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Stifel Nicolaus lowered their price objective on Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating on the stock in a report on Wednesday, November 6th. StockNews.com raised Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Tuesday, December 24th. Finally, Benchmark reaffirmed a “buy” rating and issued a $40.00 price objective on shares of Alpha and Omega Semiconductor in a report on Wednesday, November 6th.
View Our Latest Stock Report on AOSL
Insider Buying and Selling
In related news, EVP Bing Xue sold 875 shares of Alpha and Omega Semiconductor stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $41.00, for a total transaction of $35,875.00. Following the completion of the transaction, the executive vice president now directly owns 128,986 shares in the company, valued at $5,288,426. The trade was a 0.67 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Yifan Liang sold 31,004 shares of the business’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $49.21, for a total value of $1,525,706.84. Following the completion of the transaction, the chief financial officer now owns 265,175 shares of the company’s stock, valued at $13,049,261.75. This trade represents a 10.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 54,065 shares of company stock worth $2,534,690 in the last ninety days. Insiders own 16.90% of the company’s stock.
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.
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