216,411 Shares in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Purchased by CloudAlpha Capital Management Limited Hong Kong

CloudAlpha Capital Management Limited Hong Kong purchased a new position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 216,411 shares of the semiconductor company's stock, valued at approximately $8,014,000. Alpha and Omega Semiconductor accounts for 0.6% of CloudAlpha Capital Management Limited Hong Kong's holdings, making the stock its 18th largest position. CloudAlpha Capital Management Limited Hong Kong owned approximately 0.75% of Alpha and Omega Semiconductor as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. IFP Advisors Inc lifted its stake in shares of Alpha and Omega Semiconductor by 276.8% in the fourth quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company's stock valued at $28,000 after buying an additional 548 shares during the period. Truvestments Capital LLC acquired a new position in Alpha and Omega Semiconductor in the 3rd quarter valued at approximately $45,000. Hollencrest Capital Management bought a new stake in shares of Alpha and Omega Semiconductor in the 3rd quarter worth approximately $56,000. Farther Finance Advisors LLC grew its holdings in shares of Alpha and Omega Semiconductor by 10,937.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,766 shares of the semiconductor company's stock worth $66,000 after purchasing an additional 1,750 shares in the last quarter. Finally, HighTower Advisors LLC bought a new stake in shares of Alpha and Omega Semiconductor during the third quarter valued at approximately $205,000. 78.97% of the stock is currently owned by institutional investors and hedge funds.

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Insider Activity

In other news, EVP Bing Xue sold 1,883 shares of the firm's stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $47.38, for a total value of $89,216.54. Following the completion of the sale, the executive vice president now directly owns 127,103 shares in the company, valued at approximately $6,022,140.14. This trade represents a 1.46 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 16.90% of the stock is currently owned by corporate insiders.

Alpha and Omega Semiconductor Price Performance

Shares of Alpha and Omega Semiconductor stock traded up $0.51 during midday trading on Tuesday, hitting $25.89. 622,960 shares of the company were exchanged, compared to its average volume of 432,417. The firm has a 50 day simple moving average of $35.97 and a 200-day simple moving average of $36.67. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.72 and a quick ratio of 1.50. The firm has a market cap of $761.55 million, a P/E ratio of -32.36 and a beta of 2.56. Alpha and Omega Semiconductor Limited has a 52 week low of $19.38 and a 52 week high of $53.29.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last issued its quarterly earnings data 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 net margin of 3.46% and a negative return on equity of 0.23%. Research analysts forecast that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts recently commented on AOSL shares. StockNews.com raised Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a research report on Friday. Benchmark raised their price objective on shares of Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the stock a "buy" rating in a report on Thursday, February 6th.

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.