SG Americas Securities LLC Buys New Stake in Alpha and Omega Semiconductor Limited $AOSL

SG Americas Securities LLC purchased a new position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 127,276 shares of the semiconductor company’s stock, valued at approximately $3,559,000. SG Americas Securities LLC owned 0.42% of Alpha and Omega Semiconductor as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of AOSL. Nisa Investment Advisors LLC grew its holdings in Alpha and Omega Semiconductor by 137.6% during the second quarter. Nisa Investment Advisors LLC now owns 1,012 shares of the semiconductor company’s stock worth $26,000 after acquiring an additional 586 shares during the period. PNC Financial Services Group Inc. boosted its position in Alpha and Omega Semiconductor by 49.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,533 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 504 shares in the last quarter. Farther Finance Advisors LLC grew its stake in shares of Alpha and Omega Semiconductor by 953.2% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,801 shares of the semiconductor company’s stock worth $46,000 after purchasing an additional 1,630 shares during the period. CWM LLC grew its stake in shares of Alpha and Omega Semiconductor by 403.4% during the 2nd quarter. CWM LLC now owns 1,928 shares of the semiconductor company’s stock worth $49,000 after purchasing an additional 1,545 shares during the period. Finally, Strs Ohio purchased a new position in shares of Alpha and Omega Semiconductor during the 1st quarter valued at approximately $70,000. Institutional investors and hedge funds own 78.97% of the company’s stock.

Insider Buying and Selling

In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 1,845 shares of Alpha and Omega Semiconductor stock in a transaction on Monday, December 15th. The shares were sold at an average price of $20.56, for a total value of $37,933.20. Following the transaction, the executive vice president directly owned 127,863 shares in the company, valued at approximately $2,628,863.28. The trade was a 1.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 16.70% of the stock is currently owned by company insiders.

Alpha and Omega Semiconductor Price Performance

NASDAQ AOSL opened at $22.08 on Monday. Alpha and Omega Semiconductor Limited has a 12 month low of $15.90 and a 12 month high of $46.65. The company has a market capitalization of $663.72 million, a price-to-earnings ratio of -6.79 and a beta of 1.96. The firm’s fifty day moving average price is $20.67 and its 200 day moving average price is $25.44.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on AOSL shares. B. Riley reissued a “neutral” rating and set a $24.00 target price (down from $40.00) on shares of Alpha and Omega Semiconductor in a research note on Thursday, November 6th. Benchmark lowered their target price on shares of Alpha and Omega Semiconductor from $32.00 to $25.00 and set a “buy” rating on the stock in a research note on Thursday, November 6th. Wall Street Zen upgraded Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Saturday, December 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research report on Wednesday, October 8th. Finally, Stifel Nicolaus decreased their price objective on Alpha and Omega Semiconductor from $29.00 to $24.00 and set a “hold” rating on the stock in a report on Thursday, November 6th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Alpha and Omega Semiconductor has a consensus rating of “Hold” and an average price target of $24.33.

About Alpha and Omega Semiconductor

Alpha and Omega Semiconductor Limited (NASDAQ: AOSL) is a designer and supplier of power semiconductor components used in power management applications across a range of electronic systems. The company offers a broad portfolio of discrete and integrated power devices, including power MOSFETs, rectifiers, voltage regulators, and power management ICs. These products are optimized for high efficiency, compact form factors and thermal performance, catering to the growing demands of energy-sensitive applications in computing, consumer electronics, communications and industrial markets.

Since its founding in 2000, Alpha and Omega Semiconductor has leveraged in-house design expertise and strategic partnerships with manufacturing facilities to deliver scalable, high-volume production.