Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Shares Acquired by Sei Investments Co.

Sei Investments Co. increased its stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 14.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 123,560 shares of the semiconductor company’s stock after acquiring an additional 15,259 shares during the period. Sei Investments Co. owned approximately 0.43% of Alpha and Omega Semiconductor worth $4,617,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. First Eagle Investment Management LLC raised its stake in shares of Alpha and Omega Semiconductor by 5.6% in the second quarter. First Eagle Investment Management LLC now owns 471,642 shares of the semiconductor company’s stock valued at $17,625,000 after acquiring an additional 25,100 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in Alpha and Omega Semiconductor by 3.5% in the second quarter. Massachusetts Financial Services Co. MA now owns 63,054 shares of the semiconductor company’s stock valued at $2,356,000 after buying an additional 2,117 shares in the last quarter. Arizona State Retirement System acquired a new stake in Alpha and Omega Semiconductor in the second quarter valued at $251,000. Versor Investments LP acquired a new stake in Alpha and Omega Semiconductor in the second quarter valued at $266,000. Finally, nVerses Capital LLC acquired a new stake in Alpha and Omega Semiconductor in the second quarter valued at $116,000. 78.97% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Alpha and Omega Semiconductor news, Director Lucas S. Chang sold 3,377 shares of the company’s stock in a transaction that occurred on 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 sale, the director now directly owns 33,245 shares of the company’s stock, valued at approximately $1,265,304.70. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other 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 completion of the sale, the chief financial officer now 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 can be accessed through this hyperlink. Also, Director Lucas S. Chang sold 3,377 shares of the business’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 owns 33,245 shares in the company, valued at $1,265,304.70. The disclosure for this sale can be found here. Corporate insiders own 17.90% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on AOSL shares. B. Riley raised their price target on 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. Benchmark raised their price target on 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. StockNews.com cut Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research note on Wednesday, September 18th. Finally, Stifel Nicolaus raised their price target on 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.

Alpha and Omega Semiconductor Stock Performance

Shares of AOSL stock opened at $35.74 on Wednesday. The stock’s 50-day moving average is $37.13 and its two-hundred day moving average is $31.49. The firm has a market cap of $1.03 billion, a price-to-earnings ratio of -105.12 and a beta of 2.42. Alpha and Omega Semiconductor Limited has a 1 year low of $19.38 and a 1 year high of $47.45. 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 (NASDAQ:AOSL) last issued its quarterly earnings data 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 return on equity of 0.33% and a negative net margin of 1.69%. The business’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter last year, the company posted $0.08 earnings per share. Analysts predict that Alpha and Omega Semiconductor Limited will post -1.06 earnings per share for the current year.

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.