nVerses Capital LLC Has $74,000 Holdings in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

nVerses Capital LLC decreased its holdings in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 35.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,000 shares of the semiconductor company’s stock after selling 1,100 shares during the quarter. nVerses Capital LLC’s holdings in Alpha and Omega Semiconductor were worth $74,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Susquehanna Fundamental Investments LLC bought a new position in Alpha and Omega Semiconductor during the 1st quarter worth approximately $616,000. Jacobs Levy Equity Management Inc. increased its position in shares of Alpha and Omega Semiconductor by 101.8% during the first quarter. Jacobs Levy Equity Management Inc. now owns 199,369 shares of the semiconductor company’s stock worth $4,394,000 after buying an additional 100,591 shares during the period. First Eagle Investment Management LLC raised its stake in Alpha and Omega Semiconductor by 18.9% during the first quarter. First Eagle Investment Management LLC now owns 446,542 shares of the semiconductor company’s stock worth $9,842,000 after buying an additional 71,000 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Alpha and Omega Semiconductor by 1.9% in the first quarter. Vanguard Group Inc. now owns 2,125,356 shares of the semiconductor company’s stock valued at $46,843,000 after buying an additional 40,183 shares during the period. Finally, Millennium Management LLC boosted its position in Alpha and Omega Semiconductor by 867.6% during the second quarter. Millennium Management LLC now owns 137,280 shares of the semiconductor company’s stock valued at $5,130,000 after acquiring an additional 123,093 shares during the last quarter. 78.97% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on AOSL. Benchmark lifted their price objective on Alpha and Omega Semiconductor from $28.00 to $42.00 and gave the stock a “buy” rating in a research report on Friday, June 28th. B. Riley increased their price target on Alpha and Omega Semiconductor from $40.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, July 11th. Stifel Nicolaus lifted 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. Finally, StockNews.com lowered shares of Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research note on Wednesday, September 18th.

Alpha and Omega Semiconductor Stock Down 3.3 %

AOSL stock opened at $36.58 on Tuesday. The stock’s 50 day simple moving average is $36.55 and its 200 day simple moving average is $33.07. The company has a market cap of $1.05 billion, a P/E ratio of -107.59 and a beta of 2.41. 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 Limited has a fifty-two week low of $19.38 and a fifty-two week high of $47.45.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its earnings results on Wednesday, August 7th. The semiconductor company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.05. Alpha and Omega Semiconductor had a negative return on equity of 0.33% and a negative net margin of 1.69%. The company had revenue of $161.30 million for the quarter, compared to analyst estimates of $160.03 million. During the same period in the prior 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. On average, research analysts expect that Alpha and Omega Semiconductor Limited will post -0.32 earnings per share for the current fiscal year.

Insider Buying and Selling at Alpha and Omega Semiconductor

In other news, Director Lucas S. Chang sold 3,377 shares of the business’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $38.06, for a total transaction of $128,528.62. Following the completion of the sale, the director now directly owns 33,245 shares of the company’s stock, valued at $1,265,304.70. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other Alpha and Omega Semiconductor news, Director Lucas S. Chang sold 3,377 shares of Alpha and Omega Semiconductor 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 completion of the transaction, the director now owns 33,245 shares in the company, valued at approximately $1,265,304.70. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Yifan Liang sold 10,000 shares of the stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $35.60, for a total value 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. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 17.90% 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.