2 weeks Ago By ABMN Staff
Susquehanna International Group Ltd. bought a new position in Alpha and Omega Semiconductor Limited ( NASDAQ:AOSL – Free Report ) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 6,631 shares of the semiconductor company’s stock, valued at approximately $248,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Millennium Management LLC lifted its position in 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 worth $5,130,000 after buying an additional 123,093 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in shares of 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 worth $48,007,000 after purchasing an additional 169,619 shares during the last quarter. Point72 Asia Singapore Pte. Ltd.
acquired a new position in shares of Alpha and Omega Semiconductor during the 2nd quarter worth $62,000. Point72 DIFC Ltd acquired a new position in shares of Alpha and Omega Semiconductor during the 2nd quarter worth $47,000. Finally, Public Sector Pension Investment Board increased its stake in shares of Alpha and Omega Semiconductor by 9.
6% during the 2nd quarter. Public Sector Pension Investment Board now owns 51,181 shares of the semiconductor company’s stock worth $1,913,000 after purchasing an additional 4,474 shares during the last quarter. Hedge funds and other institutional investors own 78.
97% of the company’s stock. Analyst Upgrades and Downgrades A number of research firms recently issued reports on AOSL. 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. Stifel Nicolaus raised their target price 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. Benchmark raised their target price on shares of Alpha and Omega Semiconductor from $28.00 to $42.
00 and gave the company a “buy” rating in a research note on Friday, June 28th. Finally, B. Riley raised their target price on shares of Alpha and Omega Semiconductor from $40.
00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, July 11th. Insiders Place Their Bets In other Alpha and Omega Semiconductor news, CFO Yifan Liang sold 10,000 shares of the firm’s stock in a transaction on Monday, August 12th.
The shares were sold at an average price of $35.60, for a total value of $356,000.00.
Following the sale, the chief financial officer now directly owns 296,294 shares in the company, valued at approximately $10,548,066.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website .
In other news, CFO Yifan Liang sold 10,000 shares of the firm’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $35.60, for a total transaction of $356,000.
00. Following the completion of the transaction, the chief financial officer now directly owns 296,294 shares of the company’s stock, valued at approximately $10,548,066.40.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink . Also, Director Lucas S. Chang sold 3,377 shares of the firm’s 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 transaction, the director now directly owns 33,245 shares of the company’s stock, valued at $1,265,304.70. The disclosure for this sale can be found here .
Company insiders own 17.90% of the company’s stock. Alpha and Omega Semiconductor Stock Performance NASDAQ:AOSL opened at $37.
32 on Friday. The company has a current ratio of 2.58, a quick ratio of 1.
31 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $1.
07 billion, a PE ratio of -109.76 and a beta of 2.42.
The firm’s fifty day simple moving average is $37.35 and its 200 day simple moving average is $31.17.
Alpha and Omega Semiconductor Limited has a 1 year low of $19.38 and a 1 year high of $47.45.
Alpha and Omega Semiconductor ( NASDAQ:AOSL – Get Free Report ) last posted its quarterly earnings results on Wednesday, August 7th. The semiconductor company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.
04 by $0.05. The company had revenue of $161.
30 million for the quarter, compared to analyst estimates of $160.03 million. Alpha and Omega Semiconductor had a negative net margin of 1.
69% and a negative return on equity of 0.33%. The business’s quarterly revenue was down .
1% on a year-over-year basis. During the same period last year, the business posted $0.08 EPS.
On average, sell-side analysts anticipate that Alpha and Omega Semiconductor Limited will post -1.06 EPS for the current year. About Alpha and Omega Semiconductor ( Free Report ) 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. Read More Want to see what other hedge funds are holding AOSL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alpha and Omega Semiconductor Limited ( NASDAQ:AOSL – Free Report ).
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