27,821 Shares in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Acquired by SG Americas Securities LLC

SG Americas Securities LLC bought a new stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 27,821 shares of the semiconductor company's stock, valued at approximately $1,040,000. SG Americas Securities LLC owned 0.10% of Alpha and Omega Semiconductor at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Susquehanna Fundamental Investments LLC acquired a new position in Alpha and Omega Semiconductor in the first quarter valued at about $616,000. Jacobs Levy Equity Management Inc. boosted its position in shares of Alpha and Omega Semiconductor by 101.8% during the first quarter. Jacobs Levy Equity Management Inc. now owns 199,369 shares of the semiconductor company's stock worth $4,394,000 after buying an additional 100,591 shares during the period. First Eagle Investment Management LLC boosted its position in shares of Alpha and Omega Semiconductor by 18.9% during the first quarter. First Eagle Investment Management LLC now owns 446,542 shares of the semiconductor company's stock worth $9,842,000 after buying an additional 71,000 shares during the period. Vanguard Group Inc. boosted its position in shares of Alpha and Omega Semiconductor by 1.9% during the first quarter. Vanguard Group Inc. now owns 2,125,356 shares of the semiconductor company's stock worth $46,843,000 after buying an additional 40,183 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its position in shares of Alpha and Omega Semiconductor by 8.6% during the fourth quarter. The Manufacturers Life Insurance Company now owns 1,092,295 shares of the semiconductor company's stock worth $28,465,000 after buying an additional 86,366 shares during the period. 78.97% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently weighed in on AOSL. B. Riley upped their price objective on Alpha and Omega Semiconductor from $40.00 to $50.00 and gave the stock a "buy" rating in a research report on Thursday, July 11th. Stifel Nicolaus increased their price target on Alpha and Omega Semiconductor from $21.00 to $36.00 and gave the company a "sell" rating in a research report on Thursday, July 18th. Finally, Benchmark increased their price target on Alpha and Omega Semiconductor from $28.00 to $42.00 and gave the company a "buy" rating in a research report on Friday, June 28th.

Alpha and Omega Semiconductor Stock Up 0.3 %

NASDAQ AOSL traded up $0.10 during trading hours on Friday, hitting $37.37. 191,894 shares of the company traded hands, compared to its average volume of 237,578. The business's 50-day moving average is $37.41 and its 200-day moving average is $28.56. Alpha and Omega Semiconductor Limited has a twelve month low of $19.38 and a twelve month high of $47.45. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.23 and a current ratio of 2.47. The stock has a market capitalization of $1.07 billion, a price-to-earnings ratio of -109.91 and a beta of 2.39.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last released its quarterly earnings data on Wednesday, August 7th. The semiconductor company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.05. The firm had revenue of $161.30 million for the quarter, compared to analyst estimates of $160.03 million. Alpha and Omega Semiconductor had a positive return on equity of 1.39% and a negative net margin of 1.44%. The business's revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.08 earnings per share. Sell-side analysts anticipate that Alpha and Omega Semiconductor Limited will post -0.19 earnings per share for the current year.

Insider Buying and Selling at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, CFO Yifan Liang sold 10,000 shares of the company's stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $35.60, for a total value of $356,000.00. Following the sale, the chief financial officer now owns 296,294 shares in the company, valued at $10,548,066.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 17.90% of the company's stock.

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.