Polymer Capital Management HK LTD Invests $1.83 Million in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Polymer Capital Management HK LTD bought a new stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 49,377 shares of the semiconductor company's stock, valued at approximately $1,828,000. Polymer Capital Management HK LTD owned 0.17% of Alpha and Omega Semiconductor at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. IFP Advisors Inc lifted its stake in shares of Alpha and Omega Semiconductor by 276.8% during the 4th quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company's stock worth $28,000 after acquiring an additional 548 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Alpha and Omega Semiconductor by 47.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 908 shares of the semiconductor company's stock worth $34,000 after purchasing an additional 291 shares during the last quarter. CIBC Private Wealth Group LLC bought a new stake in shares of Alpha and Omega Semiconductor during the fourth quarter worth $39,000. Larson Financial Group LLC bought a new position in shares of Alpha and Omega Semiconductor in the fourth quarter worth about $38,000. Finally, KLP Kapitalforvaltning AS purchased a new position in Alpha and Omega Semiconductor in the 4th quarter worth about $167,000. Institutional investors own 78.97% of the company's stock.

Alpha and Omega Semiconductor Stock Down 6.0 %

NASDAQ:AOSL traded down $1.17 during mid-day trading on Friday, reaching $18.30. The company's stock had a trading volume of 238,991 shares, compared to its average volume of 469,556. 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 Limited has a 1 year low of $16.38 and a 1 year high of $53.29. The stock has a fifty day moving average of $29.00 and a 200-day moving average of $34.58. The firm has a market capitalization of $538.29 million, a PE ratio of -22.50 and a beta of 2.48.

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

Analyst Ratings Changes

Several research firms have issued reports on AOSL. Benchmark boosted their price objective on shares of Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the company a "buy" rating in a research report on Thursday, February 6th. StockNews.com upgraded Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a report on Friday, March 7th.

Insider Buying and Selling at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 1,242 shares of the business's stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $35.00, for a total value of $43,470.00. Following the completion of the transaction, the executive vice president now directly owns 115,368 shares in the company, valued at approximately $4,037,880. The trade was a 1.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 16.90% 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.