Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Stake Lessened by WINTON GROUP Ltd

WINTON GROUP Ltd decreased its position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 10.5% during the 2nd quarter, Holdings Channel.com reports. The firm owned 33,125 shares of the semiconductor company’s stock after selling 3,872 shares during the quarter. WINTON GROUP Ltd’s holdings in Alpha and Omega Semiconductor were worth $1,238,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of Alpha and Omega Semiconductor by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 2,125,356 shares of the semiconductor company’s stock worth $46,843,000 after buying an additional 40,183 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in Alpha and Omega Semiconductor by 8.6% during the fourth quarter. The Manufacturers Life Insurance Company now owns 1,092,295 shares of the semiconductor company’s stock worth $28,465,000 after acquiring an additional 86,366 shares during the period. First Eagle Investment Management LLC raised its position in Alpha and Omega Semiconductor by 18.9% in the first quarter. First Eagle Investment Management LLC now owns 446,542 shares of the semiconductor company’s stock worth $9,842,000 after acquiring an additional 71,000 shares in the last quarter. Wellington Management Group LLP lifted its holdings in Alpha and Omega Semiconductor by 18.9% in the 4th quarter. Wellington Management Group LLP now owns 348,703 shares of the semiconductor company’s stock valued at $9,087,000 after acquiring an additional 55,403 shares during the last quarter. Finally, Peregrine Capital Management LLC boosted its position in shares of 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 valued at $12,657,000 after purchasing an additional 43,031 shares in the last quarter. 78.97% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Alpha and Omega Semiconductor news, Director Lucas S. Chang sold 3,377 shares of Alpha and Omega Semiconductor stock in a transaction on Friday, August 23rd. The shares were 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 owns 33,245 shares of the company’s stock, valued at approximately $1,265,304.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, Director Lucas S. Chang sold 3,377 shares of the stock in a transaction on Friday, August 23rd. The shares were 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 approximately $1,265,304.70. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Yifan Liang sold 10,000 shares of the company’s stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $35.60, for a total value of $356,000.00. Following the sale, the chief financial officer now owns 296,294 shares of the company’s stock, valued at approximately $10,548,066.40. The disclosure for this sale can be found here. Corporate insiders own 17.90% of the company’s stock.

Alpha and Omega Semiconductor Stock Up 6.7 %

Shares of NASDAQ:AOSL opened at $37.41 on Monday. Alpha and Omega Semiconductor Limited has a 52 week low of $19.38 and a 52 week 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. The company has a market cap of $1.07 billion, a PE ratio of -110.03 and a beta of 2.42. The firm has a 50 day simple moving average of $38.54 and a 200 day simple moving average of $30.50.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its earnings results on Wednesday, August 7th. The semiconductor company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.05. Alpha and Omega Semiconductor had a negative return on equity of 0.33% and a negative net margin of 1.69%. The company had revenue of $161.30 million during the quarter, compared to analyst estimates of $160.03 million. During the same quarter in the prior year, the company earned $0.08 earnings per share. The company’s revenue for the quarter was down .1% on a year-over-year basis. As a group, research analysts expect that Alpha and Omega Semiconductor Limited will post -1.06 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. StockNews.com upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Tuesday, September 10th. B. Riley increased their price objective on Alpha and Omega Semiconductor from $40.00 to $50.00 and gave the company a “buy” rating in a research report on Thursday, July 11th. Benchmark lifted their target price on Alpha and Omega Semiconductor from $28.00 to $42.00 and gave the stock a “buy” rating in a report on Friday, June 28th. Finally, Stifel Nicolaus upped their target price on Alpha and Omega Semiconductor from $21.00 to $36.00 and gave the company a “sell” rating in a report on Thursday, July 18th.

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.