Redwood Wealth Management Group LLC Acquires Shares of 14,737 Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Redwood Wealth Management Group LLC bought a new stake in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 14,737 shares of the semiconductor company's stock, valued at approximately $548,000. Redwood Wealth Management Group LLC owned 0.05% of Alpha and Omega Semiconductor at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Truvestments Capital LLC bought a new position in Alpha and Omega Semiconductor in the third quarter worth approximately $45,000. Hollencrest Capital Management purchased a new position in shares of Alpha and Omega Semiconductor during the third quarter valued at $56,000. Farther Finance Advisors LLC increased its stake in shares of Alpha and Omega Semiconductor by 10,937.5% during the third quarter. Farther Finance Advisors LLC now owns 1,766 shares of the semiconductor company's stock valued at $66,000 after buying an additional 1,750 shares during the period. Eastern Bank bought a new stake in shares of Alpha and Omega Semiconductor in the third quarter valued at about $174,000. Finally, HighTower Advisors LLC purchased a new stake in Alpha and Omega Semiconductor in the third quarter worth about $205,000. Institutional investors own 78.97% of the company's stock.

Insiders Place Their Bets

In other news, EVP Bing Xue sold 875 shares of the firm's stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $41.00, for a total value of $35,875.00. Following the completion of the transaction, the executive vice president now directly owns 128,986 shares in the company, valued at $5,288,426. This trade represents a 0.67 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Yifan Liang sold 31,004 shares of the firm's stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $49.21, for a total transaction of $1,525,706.84. Following the transaction, the chief financial officer now directly owns 265,175 shares of the company's stock, valued at approximately $13,049,261.75. This trade represents a 10.47 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 53,124 shares of company stock valued at $2,500,685. 16.90% of the stock is currently owned by corporate insiders.

Alpha and Omega Semiconductor Stock Down 4.5 %

Shares of NASDAQ AOSL traded down $1.87 during trading hours on Friday, hitting $39.85. 2,230,699 shares of the stock were exchanged, compared to its average volume of 670,672. Alpha and Omega Semiconductor Limited has a 12 month low of $19.38 and a 12 month high of $53.29. The firm has a fifty day moving average price of $40.66 and a 200-day moving average price of $37.54. The company has a quick ratio of 1.44, a current ratio of 2.72 and a debt-to-equity ratio of 0.03. The company has a market cap of $1.16 billion, a PE ratio of -49.81 and a beta of 2.47.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The semiconductor company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.08 by ($0.26). Alpha and Omega Semiconductor had a negative return on equity of 0.23% and a negative net margin of 3.46%. On average, sell-side analysts expect that Alpha and Omega Semiconductor Limited will post -0.67 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Stifel Nicolaus reduced their price target on shares of Alpha and Omega Semiconductor from $34.00 to $27.00 and set a "sell" rating for the company in a report on Wednesday, November 6th. B. Riley reduced their price objective on shares of Alpha and Omega Semiconductor from $50.00 to $47.00 and set a "buy" rating for the company in a research note on Tuesday, November 5th. StockNews.com cut Alpha and Omega Semiconductor from a "hold" rating to a "sell" rating in a research report on Wednesday. Finally, Benchmark lifted their price target on Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the company a "buy" rating in a report on Thursday.

About Alpha and Omega Semiconductor

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.