Point72 Asia Singapore Pte. Ltd. Makes New Investment in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) during the second quarter, Holdings Channel.com reports. The firm purchased 1,656 shares of the semiconductor company’s stock, valued at approximately $62,000.

Other hedge funds have also made changes to their positions in the company. Pineridge Advisors LLC purchased a new position in Alpha and Omega Semiconductor during the 4th quarter worth approximately $30,000. Gladius Capital Management LP acquired a new stake in shares of Alpha and Omega Semiconductor in the second quarter worth $36,000. Point72 DIFC Ltd purchased a new position in shares of Alpha and Omega Semiconductor during the second quarter valued at $47,000. nVerses Capital LLC acquired a new position in Alpha and Omega Semiconductor during the second quarter valued at $116,000. Finally, Arizona State Retirement System acquired a new position in Alpha and Omega Semiconductor during the second quarter valued at $251,000. Hedge funds and other institutional investors own 78.97% of the company’s stock.

Wall Street Analyst Weigh In

AOSL has been the topic of several research analyst reports. StockNews.com cut Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research note on Wednesday, September 18th. Benchmark boosted their price objective on shares of 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. Stifel Nicolaus upped their price objective 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. Finally, B. Riley lifted 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.

Insider Activity at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, CFO Yifan Liang sold 10,000 shares of the 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 transaction, the chief financial officer now directly owns 296,294 shares of the company’s stock, valued at $10,548,066.40. The transaction 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 Alpha and Omega Semiconductor stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $38.06, for a total value of $128,528.62. Following the transaction, the director now owns 33,245 shares of the company’s stock, valued at $1,265,304.70. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Yifan Liang sold 10,000 shares of the business’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $35.60, for a total transaction of $356,000.00. Following the completion of the sale, the chief financial officer now owns 296,294 shares of the company’s stock, valued at $10,548,066.40. The disclosure for this sale can be found here. 17.90% of the stock is owned by company insiders.

Alpha and Omega Semiconductor Stock Down 1.3 %

AOSL opened at $37.32 on Monday. The company has a market capitalization of $1.07 billion, a PE ratio of -109.76 and a beta of 2.42. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.58 and a quick ratio of 1.31. Alpha and Omega Semiconductor Limited has a fifty-two week low of $19.38 and a fifty-two week high of $47.45. The business has a 50-day moving average of $37.24 and a 200-day moving average of $31.32.

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 for the quarter, beating the consensus estimate of $0.04 by $0.05. The firm 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 company’s revenue for the quarter was down .1% on a year-over-year basis. During the same quarter last year, the firm earned $0.08 earnings per share. Equities research analysts forecast that Alpha and Omega Semiconductor Limited will post -1.06 EPS for the current fiscal year.

Alpha and Omega Semiconductor 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.