IFP Advisors Inc raised its holdings in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL – Free Report) by 276.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 746 shares of the semiconductor company’s stock after acquiring an additional 548 shares during the period. IFP Advisors Inc’s holdings in Alpha and Omega Semiconductor were worth $28,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. BNP Paribas Financial Markets grew its holdings in shares of Alpha and Omega Semiconductor by 4.9% during the third quarter. BNP Paribas Financial Markets now owns 10,853 shares of the semiconductor company’s stock worth $403,000 after purchasing an additional 508 shares during the last quarter. Franklin Resources Inc. lifted its stake in shares of Alpha and Omega Semiconductor by 9.0% in the third quarter. Franklin Resources Inc. now owns 13,276 shares of the semiconductor company’s stock worth $510,000 after acquiring an additional 1,096 shares during the period. Truvestments Capital LLC acquired a new position in shares of Alpha and Omega Semiconductor in the third quarter worth approximately $45,000. Hollencrest Capital Management acquired a new position in shares of Alpha and Omega Semiconductor in the third quarter worth approximately $56,000. Finally, Farther Finance Advisors LLC lifted its stake in shares of Alpha and Omega Semiconductor by 10,937.5% in the third quarter. Farther Finance Advisors LLC now owns 1,766 shares of the semiconductor company’s stock worth $66,000 after acquiring an additional 1,750 shares during the period. Institutional investors own 78.97% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have issued reports on the company. StockNews.com raised Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research note on Friday. Benchmark boosted their price target on 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.
Insider Buying and Selling
In other news, EVP Bing Xue sold 1,242 shares of the firm’s stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $35.00, for a total value of $43,470.00. Following the completion of the transaction, the executive vice president now owns 115,368 shares in the company, valued at $4,037,880. This trade represents a 1.07 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 16.90% of the stock is owned by corporate insiders.
Alpha and Omega Semiconductor Stock Performance
NASDAQ:AOSL opened at $27.45 on Friday. The business’s 50-day moving average price is $36.20 and its two-hundred day moving average price is $36.74. Alpha and Omega Semiconductor Limited has a twelve month low of $19.38 and a twelve month high of $53.29. The stock has a market cap of $807.44 million, a P/E ratio of -34.31 and a beta of 2.56. The company has a quick ratio of 1.50, a current ratio of 2.72 and a debt-to-equity ratio of 0.03.
Alpha and Omega Semiconductor (NASDAQ:AOSL – Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The semiconductor company reported ($0.18) EPS for the quarter, missing the consensus estimate 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%. As a group, equities analysts predict that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current fiscal year.
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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