Hel Ved Capital Management Ltd Acquires New Holdings in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Hel Ved Capital Management Ltd bought a new stake in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 68,135 shares of the semiconductor company's stock, valued at approximately $2,523,000. Hel Ved Capital Management Ltd owned approximately 0.23% of Alpha and Omega Semiconductor as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently bought and sold shares of the company. Intech Investment Management LLC purchased a new position in shares of Alpha and Omega Semiconductor in the third quarter valued at about $219,000. BNP Paribas Financial Markets boosted its stake in Alpha and Omega Semiconductor by 4.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 10,853 shares of the semiconductor company's stock worth $403,000 after purchasing an additional 508 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Alpha and Omega Semiconductor by 86.2% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 56,149 shares of the semiconductor company's stock valued at $2,084,000 after buying an additional 25,991 shares in the last quarter. HighTower Advisors LLC purchased a new stake in Alpha and Omega Semiconductor during the 3rd quarter valued at approximately $205,000. Finally, Point72 Asset Management L.P. raised its position in shares of Alpha and Omega Semiconductor by 110.1% during the third quarter. Point72 Asset Management L.P. now owns 471,535 shares of the semiconductor company's stock valued at $17,503,000 after buying an additional 247,051 shares during the last quarter. Institutional investors own 78.97% of the company's stock.

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Analyst Upgrades and Downgrades

AOSL has been the subject of several research analyst reports. Benchmark raised their target price on shares of Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the company a "buy" rating in a research note on Thursday, February 6th. StockNews.com upgraded Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a research report on Friday, March 7th.

Insider Activity

In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 1,242 shares of the stock in a transaction on Monday, January 13th. The stock was sold at an average price of $35.00, for a total value of $43,470.00. Following the sale, the executive vice president now owns 115,368 shares in the company, valued at $4,037,880. This trade represents a 1.07 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 16.90% of the company's stock.

Alpha and Omega Semiconductor Price Performance

Alpha and Omega Semiconductor stock traded down $3.76 during mid-day trading on Thursday, reaching $19.08. 273,419 shares of the company's stock traded hands, compared to its average volume of 613,959. Alpha and Omega Semiconductor Limited has a 12-month low of $16.38 and a 12-month high of $53.29. The company has a market cap of $561.24 million, a price-to-earnings ratio of -23.85 and a beta of 2.48. The stock has a 50 day moving average of $29.39 and a two-hundred day moving average of $34.68. The company has a quick ratio of 1.50, a current ratio of 2.72 and a debt-to-equity ratio of 0.03.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last announced its earnings results on Wednesday, February 5th. The semiconductor company reported ($0.18) 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%. Equities analysts forecast that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current year.

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.