Shell Asset Management Co. Decreases Stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Shell Asset Management Co. lessened its position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL – Get Rating) by 20.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,552 shares of the semiconductor company’s stock after selling 1,718 shares during the quarter. Shell Asset Management Co.’s holdings in Alpha and Omega Semiconductor were worth $202,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in AOSL. Credit Suisse AG increased its position in Alpha and Omega Semiconductor by 52.2% in the third quarter. Credit Suisse AG now owns 60,090 shares of the semiconductor company’s stock worth $1,849,000 after purchasing an additional 20,622 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Alpha and Omega Semiconductor by 2.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,073,553 shares of the semiconductor company’s stock valued at $63,784,000 after buying an additional 40,274 shares in the last quarter. Tower Research Capital LLC TRC grew its position in Alpha and Omega Semiconductor by 47.8% in the third quarter. Tower Research Capital LLC TRC now owns 2,472 shares of the semiconductor company’s stock worth $76,000 after acquiring an additional 799 shares in the last quarter. UBS Group AG grew its position in Alpha and Omega Semiconductor by 174.5% in the third quarter. UBS Group AG now owns 10,336 shares of the semiconductor company’s stock worth $318,000 after acquiring an additional 6,570 shares in the last quarter. Finally, Boston Partners purchased a new stake in Alpha and Omega Semiconductor during the third quarter valued at approximately $95,000. Institutional investors own 67.59% of the company’s stock.

Insider Buying and Selling at Alpha and Omega Semiconductor

In related news, CFO Yifan Liang sold 6,600 shares of the business’s stock in a transaction on Monday, January 9th. The stock was sold at an average price of $30.00, for a total transaction of $198,000.00. Following the transaction, the chief financial officer now directly owns 190,090 shares in the company, valued at approximately $5,702,700. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In related 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 owns 4,352,210 shares in the company, valued at approximately $130,392,211.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Yifan Liang sold 6,600 shares of the firm’s stock in a transaction dated 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 owns 190,090 shares of the company’s stock, valued at $5,702,700. The disclosure for this sale can be found here. 18.90% of the stock is owned by insiders.

Alpha and Omega Semiconductor Stock Performance

AOSL stock opened at $26.90 on Tuesday. The firm has a 50-day simple moving average of $30.48 and a two-hundred day simple moving average of $33.05. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.59 and a current ratio of 2.33. Alpha and Omega Semiconductor Limited has a one year low of $26.02 and a one year high of $69.99. The firm has a market cap of $743.25 million, a price-to-earnings ratio of 9.85 and a beta of 2.46.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on AOSL shares. StockNews.com downgraded Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research report on Friday, February 10th. B. Riley decreased their target price on Alpha and Omega Semiconductor from $36.00 to $34.00 and set a “neutral” rating for the company in a research report on Tuesday, February 7th. Finally, Benchmark lowered their price target on shares of Alpha and Omega Semiconductor from $50.00 to $42.00 and set a “buy” rating for the company in a research report on Tuesday, February 7th.

About Alpha and Omega Semiconductor

(Get Rating)

Alpha & Omega Semiconductor Ltd. engages in the construction and operation of power semiconductor packaging, testing, and wafer fabrication facilities. It operates through the following geographical segments: Hong Kong, China, South Korea, the United States, and Other Countries. The company was founded by Mike F.