Putnam Investments LLC Sells 801 Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Putnam Investments LLC cut its holdings in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL – Get Rating) by 1.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 44,147 shares of the semiconductor company’s stock after selling 801 shares during the period. Putnam Investments LLC owned approximately 0.16% of Alpha and Omega Semiconductor worth $1,358,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. SeaCrest Wealth Management LLC bought a new position in Alpha and Omega Semiconductor during the second quarter worth about $25,000. Truvestments Capital LLC bought a new stake in shares of Alpha and Omega Semiconductor in the second quarter valued at about $31,000. Captrust Financial Advisors bought a new stake in shares of Alpha and Omega Semiconductor in the first quarter valued at about $45,000. US Bancorp DE bought a new stake in shares of Alpha and Omega Semiconductor in the first quarter valued at about $45,000. Finally, KBC Group NV bought a new stake in shares of Alpha and Omega Semiconductor in the third quarter valued at about $53,000. 67.59% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. StockNews.com lowered Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a report on Friday, February 10th. Benchmark reaffirmed a “buy” rating and issued a $42.00 target price on shares of Alpha and Omega Semiconductor in a research report on Monday. Finally, B. Riley lowered their target price on Alpha and Omega Semiconductor from $36.00 to $34.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 7th.

Alpha and Omega Semiconductor Price Performance

NASDAQ:AOSL opened at $25.13 on Tuesday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.59 and a current ratio of 2.33. The stock’s 50-day simple moving average is $29.94 and its 200 day simple moving average is $31.91. The company has a market cap of $694.34 million, a P/E ratio of 9.21 and a beta of 2.49. Alpha and Omega Semiconductor Limited has a 52-week low of $24.05 and a 52-week high of $69.99.

Insider Activity at Alpha and Omega Semiconductor

In related 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 sale, the chief executive officer now owns 4,352,210 shares of the company’s stock, valued at $130,392,211.60. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Alpha and Omega Semiconductor news, CFO Yifan Liang sold 6,600 shares of the business’s stock in a transaction that occurred 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 owns 190,090 shares of the company’s stock, valued at $5,702,700. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Mike F. Chang sold 56,400 shares of the business’s stock in a transaction that occurred 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 transaction, the chief executive officer now directly owns 4,352,210 shares in the company, valued at approximately $130,392,211.60. The disclosure for this sale can be found here. 18.90% of the stock is owned by company insiders.

Alpha and Omega Semiconductor 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.