SG Americas Securities LLC Raises Position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

SG Americas Securities LLC raised its stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSLGet Rating) by 123.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,202 shares of the semiconductor company’s stock after purchasing an additional 10,041 shares during the quarter. SG Americas Securities LLC owned 0.07% of Alpha and Omega Semiconductor worth $560,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BBR Partners LLC raised its stake in shares of Alpha and Omega Semiconductor by 281.3% in the second quarter. BBR Partners LLC now owns 20,140 shares of the semiconductor company’s stock worth $671,000 after purchasing an additional 14,858 shares during the last quarter. Walleye Capital LLC purchased a new stake in shares of Alpha and Omega Semiconductor during the second quarter valued at approximately $489,000. Versor Investments LP purchased a new stake in shares of Alpha and Omega Semiconductor during the second quarter valued at approximately $1,270,000. Truist Financial Corp increased its position in shares of Alpha and Omega Semiconductor by 106.1% during the second quarter. Truist Financial Corp now owns 8,820 shares of the semiconductor company’s stock valued at $294,000 after acquiring an additional 4,540 shares during the last quarter. Finally, Royce & Associates LP increased its position in shares of Alpha and Omega Semiconductor by 65.7% during the second quarter. Royce & Associates LP now owns 327,881 shares of the semiconductor company’s stock valued at $10,932,000 after acquiring an additional 129,985 shares during the last quarter. 67.59% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Mike F. Chang sold 56,400 shares of the firm’s stock in a transaction on Monday, January 9th. The stock was sold at an average price of $29.96, for a total value of $1,689,744.00. Following the completion of the transaction, the chief executive officer now directly owns 4,352,210 shares of the company’s stock, valued at $130,392,211.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CEO Mike F. Chang sold 56,400 shares of the firm’s stock in a transaction on Monday, January 9th. The stock was sold at an average price of $29.96, for a total value of $1,689,744.00. Following the completion of the transaction, the chief executive officer now directly owns 4,352,210 shares of the company’s stock, valued at $130,392,211.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Yifan Liang sold 6,600 shares of the firm’s stock in a transaction on Monday, January 9th. The stock was sold at an average price of $30.00, for a total value of $198,000.00. Following the completion of the transaction, the chief financial officer now directly owns 190,090 shares of the company’s stock, valued at $5,702,700. The disclosure for this sale can be found here. Company insiders own 18.90% of the company’s stock.

Alpha and Omega Semiconductor Stock Performance

NASDAQ:AOSL opened at $33.35 on Tuesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.24 and a quick ratio of 1.57. The business has a fifty day simple moving average of $31.79 and a two-hundred day simple moving average of $34.29. Alpha and Omega Semiconductor Limited has a 1 year low of $27.38 and a 1 year high of $69.99. The company has a market capitalization of $914.06 million, a P/E ratio of 2.08 and a beta of 2.43.

Alpha and Omega Semiconductor (NASDAQ:AOSLGet Rating) last released its earnings results on Thursday, November 3rd. The semiconductor company reported $0.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.12). Alpha and Omega Semiconductor had a return on equity of 11.60% and a net margin of 57.04%. The firm had revenue of $208.48 million during the quarter, compared to analysts’ expectations of $210.00 million. On average, analysts expect that Alpha and Omega Semiconductor Limited will post 2.07 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on AOSL. StockNews.com began coverage on Alpha and Omega Semiconductor in a research report on Wednesday, October 12th. They set a “hold” rating for the company. B. Riley decreased their price target on Alpha and Omega Semiconductor from $45.00 to $38.00 and set a “neutral” rating for the company in a research report on Tuesday, October 4th.

Alpha and Omega Semiconductor Company Profile

(Get Rating)

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.

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Institutional Ownership by Quarter for Alpha and Omega Semiconductor (NASDAQ:AOSL)

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