Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Shares Purchased by BNP Paribas Financial Markets

BNP Paribas Financial Markets increased its holdings in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 4.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,853 shares of the semiconductor company’s stock after purchasing an additional 508 shares during the period. BNP Paribas Financial Markets’ holdings in Alpha and Omega Semiconductor were worth $403,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of AOSL. SG Americas Securities LLC acquired a new stake in Alpha and Omega Semiconductor during the 2nd quarter worth $1,040,000. SummerHaven Investment Management LLC boosted its stake in Alpha and Omega Semiconductor by 2.2% during the 2nd quarter. SummerHaven Investment Management LLC now owns 23,502 shares of the semiconductor company’s stock worth $878,000 after purchasing an additional 511 shares during the period. Louisiana State Employees Retirement System boosted its stake in Alpha and Omega Semiconductor by 3.5% during the 2nd quarter. Louisiana State Employees Retirement System now owns 11,700 shares of the semiconductor company’s stock worth $437,000 after purchasing an additional 400 shares during the period. Bank of New York Mellon Corp boosted its stake in Alpha and Omega Semiconductor by 4.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 170,239 shares of the semiconductor company’s stock worth $6,362,000 after purchasing an additional 7,312 shares during the period. Finally, Peregrine Capital Management LLC boosted its stake in Alpha and Omega Semiconductor by 14.6% during the 2nd quarter. Peregrine Capital Management LLC now owns 338,683 shares of the semiconductor company’s stock worth $12,657,000 after purchasing an additional 43,031 shares during the period. Institutional investors and hedge funds own 78.97% of the company’s stock.

Alpha and Omega Semiconductor Stock Down 4.2 %

Shares of Alpha and Omega Semiconductor stock opened at $45.20 on Friday. The firm has a fifty day moving average of $36.82 and a two-hundred day moving average of $36.46. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.44 and a current ratio of 2.65. The company has a market cap of $1.31 billion, a P/E ratio of -67.46 and a beta of 2.48. Alpha and Omega Semiconductor Limited has a one year low of $19.38 and a one year high of $53.29.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). The company had revenue of $181.89 million during the quarter, compared to analysts’ expectations of $180.07 million. Alpha and Omega Semiconductor had a negative net margin of 2.94% and a positive return on equity of 0.19%. The business’s revenue for the quarter was up .7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.30 EPS. On average, analysts forecast that Alpha and Omega Semiconductor Limited will post -0.67 earnings per share for the current year.

Insider Activity

In other news, CFO Yifan Liang sold 31,004 shares of Alpha and Omega Semiconductor stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $49.21, for a total transaction of $1,525,706.84. Following the completion of the sale, the chief financial officer now directly owns 265,175 shares in the company, valued at $13,049,261.75. The trade was a 10.47 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Wenjun Li sold 2,183 shares of Alpha and Omega Semiconductor stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $35.49, for a total transaction of $77,474.67. Following the sale, the chief operating officer now owns 61,331 shares of the company’s stock, valued at approximately $2,176,637.19. This trade represents a 3.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 54,065 shares of company stock worth $2,534,690 in the last 90 days. 16.90% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages recently weighed in on AOSL. StockNews.com cut shares of Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research note on Wednesday. Benchmark restated a “buy” rating and set a $40.00 price objective on shares of Alpha and Omega Semiconductor in a research report on Wednesday, November 6th. Stifel Nicolaus cut their price objective on shares of Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating for the company in a research report on Wednesday, November 6th. Finally, B. Riley cut their price objective on shares of Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating for the company in a research report on Tuesday, November 5th.

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.