Bank of New York Mellon Corp Increases Stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Bank of New York Mellon Corp grew its holdings in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 2.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 147,398 shares of the semiconductor company’s stock after purchasing an additional 3,475 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.51% of Alpha and Omega Semiconductor worth $5,458,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Alpha and Omega Semiconductor by 86.2% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 56,149 shares of the semiconductor company’s stock worth $2,084,000 after acquiring an additional 25,991 shares during the last quarter. State Street Corp boosted its holdings in shares of Alpha and Omega Semiconductor by 33.2% during the 3rd quarter. State Street Corp now owns 1,341,290 shares of the semiconductor company’s stock worth $49,789,000 after purchasing an additional 334,657 shares during the last quarter. Systematic Financial Management LP acquired a new position in shares of Alpha and Omega Semiconductor during the 3rd quarter worth approximately $702,000. Algert Global LLC grew its position in shares of Alpha and Omega Semiconductor by 172.8% in the third quarter. Algert Global LLC now owns 89,920 shares of the semiconductor company’s stock valued at $3,338,000 after purchasing an additional 56,962 shares in the last quarter. Finally, Barclays PLC increased its holdings in shares of Alpha and Omega Semiconductor by 367.4% in the third quarter. Barclays PLC now owns 40,359 shares of the semiconductor company’s stock valued at $1,498,000 after purchasing an additional 31,725 shares during the last quarter. 78.97% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Alpha and Omega Semiconductor

In related news, EVP Bing Xue sold 1,242 shares of Alpha and Omega Semiconductor stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $35.00, for a total value of $43,470.00. Following the completion of the sale, the executive vice president now owns 115,368 shares in the company, valued at approximately $4,037,880. This trade represents a 1.07 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 16.90% of the stock is currently owned by corporate insiders.

Alpha and Omega Semiconductor Stock Up 3.6 %

AOSL stock opened at $27.61 on Tuesday. The firm has a market cap of $812.15 million, a PE ratio of -34.51 and a beta of 2.56. Alpha and Omega Semiconductor Limited has a one year low of $19.38 and a one year high of $53.29. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.50 and a current ratio of 2.72. The firm’s 50 day moving average price is $34.81 and its 200-day moving average price is $36.22.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its earnings results on Wednesday, February 5th. The semiconductor company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.26). Alpha and Omega Semiconductor had a negative net margin of 3.46% and a negative return on equity of 0.23%. On average, equities research analysts anticipate that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current year.

Analyst Ratings Changes

A number of research firms have weighed in on AOSL. Benchmark boosted their price objective on Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the stock a “buy” rating in a research note on Thursday, February 6th. StockNews.com upgraded Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Friday, March 7th.

About Alpha and Omega Semiconductor

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.