Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Stock Position Decreased by AlphaCrest Capital Management LLC

AlphaCrest Capital Management LLC cut its stake in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL – Get Rating) by 28.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,461 shares of the semiconductor company’s stock after selling 5,314 shares during the quarter. AlphaCrest Capital Management LLC’s holdings in Alpha and Omega Semiconductor were worth $414,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. SeaCrest Wealth Management LLC bought a new stake in shares of Alpha and Omega Semiconductor during the 2nd quarter worth $25,000. Truvestments Capital LLC acquired a new stake in shares of Alpha and Omega Semiconductor in the second quarter worth $31,000. Captrust Financial Advisors acquired a new stake in shares of Alpha and Omega Semiconductor in the first quarter worth $45,000. US Bancorp DE acquired a new stake in shares of Alpha and Omega Semiconductor in the first quarter worth $45,000. Finally, KBC Group NV acquired a new stake in shares of Alpha and Omega Semiconductor in the third quarter worth $53,000. 67.59% of the stock is owned by institutional investors.

Insider Buying and Selling at Alpha and Omega Semiconductor

In other news, CFO Yifan Liang sold 6,600 shares of Alpha and Omega Semiconductor 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 transaction, the chief financial officer now directly owns 190,090 shares in the company, valued at $5,702,700. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Mike F. Chang sold 56,400 shares of Alpha and Omega Semiconductor stock in a transaction dated 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 transaction, the chief executive officer now directly owns 4,352,210 shares in the company, valued at $130,392,211.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Yifan Liang sold 6,600 shares of Alpha and Omega Semiconductor 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 in the company, valued at $5,702,700. The disclosure for this sale can be found here. Corporate insiders own 18.90% of the company’s stock.

Analyst Upgrades and Downgrades

AOSL has been the subject of a number of research reports. B. Riley reduced their price objective 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. Benchmark reduced their price objective on 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. Finally, StockNews.com cut Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research report on Friday, February 10th.

Alpha and Omega Semiconductor Price Performance

NASDAQ AOSL opened at $24.97 on Friday. Alpha and Omega Semiconductor Limited has a fifty-two week low of $24.80 and a fifty-two week high of $69.99. The stock’s 50-day moving average is $30.01 and its two-hundred day moving average is $32.18. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.33 and a quick ratio of 1.59. The firm has a market cap of $689.92 million, a P/E ratio of 9.15 and a beta of 2.49.

Alpha and Omega Semiconductor Company Profile

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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.