Systematic Financial Management LP Invests $702,000 in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Systematic Financial Management LP bought a new position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 18,923 shares of the semiconductor company's stock, valued at approximately $702,000. Systematic Financial Management LP owned about 0.07% of Alpha and Omega Semiconductor as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AOSL. Point72 Asset Management L.P. raised its position in shares of Alpha and Omega Semiconductor by 110.1% in the third quarter. Point72 Asset Management L.P. now owns 471,535 shares of the semiconductor company's stock worth $17,503,000 after acquiring an additional 247,051 shares during the period. HighTower Advisors LLC purchased a new position in Alpha and Omega Semiconductor during the third quarter valued at $205,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Alpha and Omega Semiconductor by 86.2% in the third 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 purchasing an additional 25,991 shares during the period. BNP Paribas Financial Markets increased its stake in shares of Alpha and Omega Semiconductor by 4.9% during the third 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 in the last quarter. Finally, Truvestments Capital LLC acquired a new position in shares of Alpha and Omega Semiconductor during the 3rd quarter worth about $45,000. 78.97% of the stock is owned by institutional investors and hedge funds.

Alpha and Omega Semiconductor Trading Up 2.5 %

NASDAQ AOSL traded up $1.20 on Friday, reaching $48.43. 664,206 shares of the company were exchanged, compared to its average volume of 915,754. The company has a current ratio of 2.65, a quick ratio of 1.44 and a debt-to-equity ratio of 0.03. Alpha and Omega Semiconductor Limited has a fifty-two week low of $19.38 and a fifty-two week high of $53.29. The business's fifty day moving average price is $35.71 and its 200 day moving average price is $35.84. The stock has a market capitalization of $1.41 billion, a P/E ratio of -72.28 and a beta of 2.48.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The semiconductor company reported $0.21 earnings per share for the quarter, missing analysts' consensus estimates of $0.22 by ($0.01). The company had revenue of $181.89 million for the quarter, compared to analyst estimates of $180.07 million. Alpha and Omega Semiconductor had a positive return on equity of 0.19% and a negative net margin of 2.94%. During the same period in the previous year, the business posted $0.30 earnings per share. The firm's revenue was up .7% compared to the same quarter last year. Analysts forecast that Alpha and Omega Semiconductor Limited will post -0.67 earnings per share for the current year.

Insider Buying and Selling at Alpha and Omega Semiconductor

In related news, COO Wenjun Li sold 2,183 shares of the company's stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $35.49, for a total transaction of $77,474.67. Following the transaction, the chief operating officer now owns 61,331 shares of the company's stock, valued at $2,176,637.19. This represents a 3.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Yifan Liang sold 31,004 shares of the firm's stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $49.21, for a total value of $1,525,706.84. Following the completion of the sale, the chief financial officer now directly owns 265,175 shares of the company's stock, valued at approximately $13,049,261.75. This trade represents a 10.47 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 52,182 shares of company stock valued at $2,445,473. 16.90% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. StockNews.com cut Alpha and Omega Semiconductor from a "hold" rating to a "sell" rating in a report on Monday, December 2nd. Benchmark reissued a "buy" rating and issued a $40.00 price objective on shares of Alpha and Omega Semiconductor in a research note on Wednesday, November 6th. Stifel Nicolaus dropped their target price on shares of Alpha and Omega Semiconductor from $34.00 to $27.00 and set a "sell" rating for the company in a report on Wednesday, November 6th. Finally, B. Riley lowered their price target on shares of Alpha and Omega Semiconductor from $50.00 to $47.00 and set a "buy" rating on the stock in a research report on Tuesday, November 5th.

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.