Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. lessened its stake in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 64.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,563 shares of the semiconductor company's stock after selling 26,183 shares during the quarter. Geneos Wealth Management Inc. owned about 0.05% of Alpha and Omega Semiconductor worth $539,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Truvestments Capital LLC purchased a new stake in Alpha and Omega Semiconductor in the third quarter valued at approximately $45,000. Point72 DIFC Ltd purchased a new stake in Alpha and Omega Semiconductor in the 2nd quarter valued at $47,000. Hollencrest Capital Management acquired a new stake in Alpha and Omega Semiconductor during the 3rd quarter worth $56,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in Alpha and Omega Semiconductor during the 2nd quarter worth $62,000. Finally, Farther Finance Advisors LLC increased its stake in 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 during the period. Institutional investors and hedge funds own 78.97% of the company's stock.

Insiders Place Their Bets

In other news, Director Lucas S. Chang sold 12,497 shares of the business's stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $41.46, for a total transaction of $518,125.62. Following the sale, the director now owns 25,204 shares of the company's stock, valued at $1,044,957.84. The trade was a 33.15 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 transaction, 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. In the last ninety days, insiders have sold 53,124 shares of company stock worth $2,500,685. Corporate insiders own 16.90% of the company's stock.

Alpha and Omega Semiconductor Stock Performance

NASDAQ:AOSL traded up $1.00 during mid-day trading on Friday, reaching $38.42. The stock had a trading volume of 590,755 shares, compared to its average volume of 513,848. Alpha and Omega Semiconductor Limited has a twelve month low of $19.38 and a twelve month high of $53.29. The business has a 50 day simple moving average of $40.40 and a 200 day simple moving average of $37.59. The firm has a market capitalization of $1.12 billion, a price-to-earnings ratio of -57.34 and a beta of 2.48. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.44 and a current ratio of 2.65.

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). Alpha and Omega Semiconductor had a negative net margin of 2.94% and a positive return on equity of 0.19%. The business had revenue of $181.89 million during the quarter, compared to analyst estimates of $180.07 million. During the same period in the prior year, the business earned $0.30 earnings per share. The firm's quarterly revenue was up .7% compared to the same quarter last year. On average, analysts expect that Alpha and Omega Semiconductor Limited will post -0.67 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. B. Riley decreased their target price 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. Benchmark reaffirmed a "buy" rating and set a $40.00 price objective on shares of Alpha and Omega Semiconductor in a research report on Wednesday, November 6th. Stifel Nicolaus dropped their target price on 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. Finally, StockNews.com raised Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a report on Tuesday, December 24th.

Alpha and Omega Semiconductor Company 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.