UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 25,991 Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 86.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 56,149 shares of the semiconductor company’s stock after buying an additional 25,991 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.19% of Alpha and Omega Semiconductor worth $2,084,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Point72 Asset Management L.P. acquired a new stake in Alpha and Omega Semiconductor during the 2nd quarter valued at $8,389,000. The Manufacturers Life Insurance Company increased its holdings in Alpha and Omega Semiconductor by 15.2% during 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 purchasing an additional 169,619 shares in the last quarter. Millennium Management LLC increased its stake in shares of 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 valued at $5,130,000 after buying an additional 123,093 shares during the period. Algert Global LLC increased its stake in shares of Alpha and Omega Semiconductor by 172.8% in the 3rd quarter. Algert Global LLC now owns 89,920 shares of the semiconductor company’s stock valued at $3,338,000 after buying an additional 56,962 shares during the period. Finally, Peregrine Capital Management LLC increased its stake in shares of Alpha and Omega Semiconductor by 14.6% in the 2nd quarter. Peregrine Capital Management LLC now owns 338,683 shares of the semiconductor company’s stock valued at $12,657,000 after buying an additional 43,031 shares during the period. Institutional investors own 78.97% of the company’s stock.

Insider Activity

In other Alpha and Omega Semiconductor news, Director Claudia Chen sold 5,623 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $51.27, for a total transaction of $288,291.21. Following the transaction, the director now owns 26,572 shares of the company’s stock, valued at $1,362,346.44. The trade was a 17.47 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Bing Xue sold 875 shares of the business’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $41.00, for a total value of $35,875.00. Following the transaction, the executive vice president now directly owns 128,986 shares in the company, valued at approximately $5,288,426. This trade represents a 0.67 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 54,065 shares of company stock worth $2,534,690 over the last three months. Corporate insiders own 16.90% of the company’s stock.

Alpha and Omega Semiconductor Stock Performance

AOSL stock opened at $45.20 on Monday. The business’s 50-day moving average price is $36.82 and its two-hundred day moving average price is $36.51. The company has a current ratio of 2.65, a quick ratio of 1.44 and a debt-to-equity ratio of 0.03. The firm has a market cap of $1.31 billion, a PE ratio of -67.46 and a beta of 2.48. Alpha and Omega Semiconductor Limited has a 1-year low of $19.38 and a 1-year high of $53.29.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its earnings results on Monday, November 4th. The semiconductor company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.01). The business had revenue of $181.89 million for the quarter, compared to the consensus estimate of $180.07 million. Alpha and Omega Semiconductor had a positive return on equity of 0.19% and a negative net margin of 2.94%. The business’s revenue was up .7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.30 earnings per share. As a group, research analysts forecast 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 subject of several research reports. Stifel Nicolaus lowered their target price on Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating for the company in a research note on Wednesday, November 6th. B. Riley decreased their price objective on Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. StockNews.com cut Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research note on Wednesday, December 11th. Finally, Benchmark reaffirmed a “buy” rating and set a $40.00 price objective on shares of Alpha and Omega Semiconductor in a research note on Wednesday, November 6th.

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.