Barclays PLC Purchases 31,725 Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Barclays PLC raised its holdings in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 367.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,359 shares of the semiconductor company's stock after buying an additional 31,725 shares during the period. Barclays PLC owned about 0.14% of Alpha and Omega Semiconductor worth $1,498,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Truvestments Capital LLC bought a new position in Alpha and Omega Semiconductor in the 3rd quarter worth $45,000. Point72 DIFC Ltd purchased a new stake in Alpha and Omega Semiconductor in the second quarter worth about $47,000. Hollencrest Capital Management bought a new position in shares of Alpha and Omega Semiconductor in the third quarter worth about $56,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Alpha and Omega Semiconductor during the 2nd quarter valued at about $62,000. Finally, Farther Finance Advisors LLC increased its holdings in Alpha and Omega Semiconductor by 10,937.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,766 shares of the semiconductor company's stock worth $66,000 after acquiring an additional 1,750 shares in the last quarter. 78.97% of the stock is currently owned by institutional investors.

Insider Transactions at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, Director Claudia Chen sold 5,623 shares of the business's stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $51.27, for a total transaction of $288,291.21. Following the sale, the director now directly owns 26,572 shares of the company's stock, valued at $1,362,346.44. The trade was a 17.47 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Bing Xue sold 875 shares of the firm's stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $41.00, for a total value of $35,875.00. Following the completion of the sale, the executive vice president now directly owns 128,986 shares of the company's stock, valued at $5,288,426. The trade was a 0.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 54,065 shares of company stock valued at $2,534,690 in the last ninety days. Corporate insiders own 16.90% of the company's stock.

Analysts Set New Price Targets

Several brokerages have weighed in on AOSL. Stifel Nicolaus lowered their price target on shares of Alpha and Omega Semiconductor from $34.00 to $27.00 and set a "sell" rating on the stock in a report on Wednesday, November 6th. StockNews.com raised shares of Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a report on Tuesday, December 24th. B. Riley decreased their price target on Alpha and Omega Semiconductor from $50.00 to $47.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. Finally, Benchmark reaffirmed a "buy" rating and issued a $40.00 price objective on shares of Alpha and Omega Semiconductor in a research note on Wednesday, November 6th.

Alpha and Omega Semiconductor Stock Performance

AOSL opened at $36.00 on Monday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.44 and a current ratio of 2.65. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of -53.73 and a beta of 2.48. The company has a fifty day moving average of $37.94 and a 200 day moving average of $37.67. Alpha and Omega Semiconductor Limited has a fifty-two week low of $19.38 and a fifty-two week high of $53.29.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last issued its quarterly earnings data on Monday, November 4th. The semiconductor company reported $0.21 earnings per share for the quarter, missing analysts' consensus estimates of $0.22 by ($0.01). The firm had revenue of $181.89 million for the quarter, compared to analysts' expectations of $180.07 million. Alpha and Omega Semiconductor had a negative net margin of 2.94% and a positive return on equity of 0.19%. The company's revenue for the quarter was up .7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.30 EPS. As a group, sell-side analysts forecast that Alpha and Omega Semiconductor Limited will post -0.67 earnings per share for the current fiscal year.

Alpha and Omega Semiconductor Profile

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.