Swiss National Bank lifted its stake in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL – Free Report) by 2.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 48,500 shares of the semiconductor company’s stock after acquiring an additional 1,200 shares during the period. Swiss National Bank owned 0.17% of Alpha and Omega Semiconductor worth $1,796,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. State Street Corp raised its holdings in shares of Alpha and Omega Semiconductor by 33.2% during the third 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 during the period. Geode Capital Management LLC increased its holdings 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 valued at $21,486,000 after acquiring an additional 31,286 shares in the last quarter. Point72 Asset Management L.P. raised its position in shares of Alpha and Omega Semiconductor by 110.1% during the third quarter. Point72 Asset Management L.P. now owns 471,535 shares of the semiconductor company’s stock worth $17,503,000 after purchasing an additional 247,051 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Alpha and Omega Semiconductor by 0.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 224,809 shares of the semiconductor company’s stock worth $8,325,000 after purchasing an additional 1,449 shares in the last quarter. Finally, CloudAlpha Capital Management Limited Hong Kong acquired a new stake in Alpha and Omega Semiconductor in the 4th quarter valued at $8,014,000. 78.97% of the stock is owned by institutional investors.
Alpha and Omega Semiconductor Stock Performance
Shares of AOSL stock opened at $26.03 on Friday. 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 market cap of $765.67 million, a P/E ratio of -32.54 and a beta of 2.56. The firm has a 50-day moving average of $32.86 and a 200-day moving average of $35.62. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.72 and a quick ratio of 1.50.
Wall Street Analysts Forecast Growth
A number of research analysts have weighed in on AOSL shares. Benchmark raised their price objective on shares of Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the company 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 research note on Friday, March 7th.
Read Our Latest Report on AOSL
Insiders Place Their Bets
In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 1,242 shares of the business’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $35.00, for a total value of $43,470.00. Following the transaction, the executive vice president now directly owns 115,368 shares in the company, valued at $4,037,880. The trade was a 1.07 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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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