Point72 DIFC Ltd Makes New $47,000 Investment in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Point72 DIFC Ltd bought a new stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,270 shares of the semiconductor company’s stock, valued at approximately $47,000.

Several other institutional investors and hedge funds have also modified their holdings of AOSL. Jacobs Levy Equity Management Inc. raised its stake in Alpha and Omega Semiconductor by 101.8% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 199,369 shares of the semiconductor company’s stock worth $4,394,000 after purchasing an additional 100,591 shares in the last quarter. Peregrine Capital Management LLC raised its position in shares of Alpha and Omega Semiconductor by 46.8% in the first quarter. Peregrine Capital Management LLC now owns 295,652 shares of the semiconductor company’s stock valued at $6,516,000 after buying an additional 94,196 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of Alpha and Omega Semiconductor by 8.6% in the fourth quarter. The Manufacturers Life Insurance Company now owns 1,092,295 shares of the semiconductor company’s stock valued at $28,465,000 after buying an additional 86,366 shares during the period. First Eagle Investment Management LLC grew its position in Alpha and Omega Semiconductor by 18.9% during the first quarter. First Eagle Investment Management LLC now owns 446,542 shares of the semiconductor company’s stock worth $9,842,000 after buying an additional 71,000 shares in the last quarter. Finally, Wellington Management Group LLP increased its stake in Alpha and Omega Semiconductor by 18.9% during the 4th quarter. Wellington Management Group LLP now owns 348,703 shares of the semiconductor company’s stock worth $9,087,000 after acquiring an additional 55,403 shares during the period. 78.97% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on AOSL shares. Benchmark upped their target price on Alpha and Omega Semiconductor from $28.00 to $42.00 and gave the company a “buy” rating in a research report on Friday, June 28th. 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 report on Thursday, July 11th. Stifel Nicolaus upped their price target on shares of Alpha and Omega Semiconductor from $21.00 to $36.00 and gave the stock a “sell” rating in a report on Thursday, July 18th. Finally, StockNews.com lowered shares of Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research report on Wednesday, September 18th.

Alpha and Omega Semiconductor Stock Down 1.3 %

AOSL stock opened at $37.32 on Friday. The firm has a 50-day moving average price of $37.24 and a 200-day moving average price of $31.26. The stock has a market capitalization of $1.07 billion, a P/E ratio of -109.76 and a beta of 2.42. Alpha and Omega Semiconductor Limited has a 12 month low of $19.38 and a 12 month high of $47.45. The company has a current ratio of 2.58, a quick ratio of 1.31 and a debt-to-equity ratio of 0.03.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced 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. Alpha and Omega Semiconductor had a negative net margin of 1.69% and a negative return on equity of 0.33%. The company had revenue of $161.30 million during the quarter, compared to the consensus estimate of $160.03 million. During the same period in the prior year, the business earned $0.08 earnings per share. The company’s revenue for the quarter was down .1% compared to the same quarter last year. As a group, equities research analysts anticipate that Alpha and Omega Semiconductor Limited will post -1.06 EPS for the current fiscal year.

Insider Activity at Alpha and Omega Semiconductor

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 transaction of $356,000.00. Following the completion of the transaction, the chief financial officer now owns 296,294 shares of the company’s stock, valued at $10,548,066.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CFO Yifan Liang sold 10,000 shares of the stock in a transaction on Monday, August 12th. The stock was 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 directly owns 296,294 shares in the company, valued at $10,548,066.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lucas S. Chang sold 3,377 shares of the firm’s stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $38.06, for a total value 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. 17.90% of the stock is owned by company insiders.

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.