Hel Ved Capital Management Ltd bought a new stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL – Free Report) during the 4th quarter, HoldingsChannel reports. The firm bought 68,135 shares of the semiconductor company’s stock, valued at approximately $2,523,000.
Other institutional investors have also bought and sold shares of the company. Intech Investment Management LLC acquired a new position in shares of Alpha and Omega Semiconductor in the 3rd quarter valued at about $219,000. BNP Paribas Financial Markets lifted its stake in Alpha and Omega Semiconductor by 4.9% in the third quarter. BNP Paribas Financial Markets now owns 10,853 shares of the semiconductor company’s stock valued at $403,000 after buying an additional 508 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Alpha and Omega Semiconductor by 86.2% during the 3rd 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 buying an additional 25,991 shares in the last quarter. HighTower Advisors LLC acquired a new stake in shares of Alpha and Omega Semiconductor during the 3rd quarter worth approximately $205,000. Finally, Point72 Asset Management L.P. increased its stake in shares of Alpha and Omega Semiconductor by 110.1% in the 3rd quarter. Point72 Asset Management L.P. now owns 471,535 shares of the semiconductor company’s stock valued at $17,503,000 after acquiring an additional 247,051 shares in the last quarter. Institutional investors own 78.97% of the company’s stock.
Insider Buying and Selling at Alpha and Omega Semiconductor
In related news, EVP Bing Xue sold 1,242 shares of the stock in a transaction 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 sale, the executive vice president now directly owns 115,368 shares of the company’s stock, valued at approximately $4,037,880. This represents a 1.07 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 16.90% of the company’s stock.
Alpha and Omega Semiconductor Price Performance
Alpha and Omega Semiconductor (NASDAQ:AOSL – Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The semiconductor company reported ($0.18) earnings per share (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%. Sell-side analysts anticipate that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
AOSL has been the topic of several research analyst reports. StockNews.com raised shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research note on Friday, March 7th. Benchmark raised their target price 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.
Check Out Our Latest Analysis on AOSL
Alpha and Omega Semiconductor Company 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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