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

Barclays PLC increased its position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 367.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,359 shares of the semiconductor company's stock after purchasing an additional 31,725 shares during the period. Barclays PLC owned 0.14% of Alpha and Omega Semiconductor worth $1,498,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of AOSL. Truvestments Capital LLC purchased a new stake in Alpha and Omega Semiconductor in the 3rd quarter worth $45,000. Point72 DIFC Ltd purchased a new stake in Alpha and Omega Semiconductor during the 2nd quarter valued at approximately $47,000. Hollencrest Capital Management purchased a new stake in shares of Alpha and Omega Semiconductor during the 3rd quarter worth approximately $56,000. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Alpha and Omega Semiconductor during the 2nd quarter valued at approximately $62,000. Finally, Farther Finance Advisors LLC grew its holdings in shares of Alpha and Omega Semiconductor by 10,937.5% in the third quarter. Farther Finance Advisors LLC now owns 1,766 shares of the semiconductor company's stock valued at $66,000 after purchasing an additional 1,750 shares in the last quarter. 78.97% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have commented on AOSL shares. StockNews.com upgraded shares of Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a research report on Tuesday, December 24th. Benchmark reissued a "buy" rating and set a $40.00 target price on shares of Alpha and Omega Semiconductor in a research report on Wednesday, November 6th. B. Riley lowered their price target on Alpha and Omega Semiconductor from $50.00 to $47.00 and set a "buy" rating for the company in a research report on Tuesday, November 5th. Finally, Stifel Nicolaus reduced their target price on shares of Alpha and Omega Semiconductor from $34.00 to $27.00 and set a "sell" rating on the stock in a research note on Wednesday, November 6th.

Insider Activity

In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 875 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $41.00, for a total transaction of $35,875.00. Following the transaction, the executive vice president now directly owns 128,986 shares in the company, valued at $5,288,426. This represents a 0.67 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Yifan Liang sold 31,004 shares of the business's stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $49.21, for a total transaction of $1,525,706.84. Following the completion of the sale, the chief financial officer now owns 265,175 shares of the company's stock, valued at approximately $13,049,261.75. This represents a 10.47 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 54,065 shares of company stock valued at $2,534,690. Corporate insiders own 16.90% of the company's stock.

Alpha and Omega Semiconductor Trading Down 6.6 %

AOSL traded down $2.69 during trading hours on Friday, reaching $38.36. 481,565 shares of the company's stock traded hands, compared to its average volume of 341,095. The company has a quick ratio of 1.44, a current ratio of 2.65 and a debt-to-equity ratio of 0.03. The firm has a 50-day moving average price of $37.45 and a 200 day moving average price of $37.31. Alpha and Omega Semiconductor Limited has a 52-week low of $19.38 and a 52-week high of $53.29. The firm has a market capitalization of $1.11 billion, a PE ratio of -57.25 and a beta of 2.48.

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

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.