UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Increases Stock Position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 86.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,149 shares of the semiconductor company's stock after acquiring an additional 25,991 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.19% of Alpha and Omega Semiconductor worth $2,084,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Truvestments Capital LLC purchased a new position in Alpha and Omega Semiconductor during the 3rd quarter valued at about $45,000. Point72 DIFC Ltd purchased a new position in Alpha and Omega Semiconductor during the second quarter valued at approximately $47,000. Hollencrest Capital Management purchased a new position in Alpha and Omega Semiconductor during the third quarter valued at approximately $56,000. Point72 Asia Singapore Pte. Ltd. bought a new position in Alpha and Omega Semiconductor in the second quarter worth approximately $62,000. Finally, Farther Finance Advisors LLC lifted its holdings in Alpha and Omega Semiconductor by 10,937.5% during the third quarter. Farther Finance Advisors LLC now owns 1,766 shares of the semiconductor company's stock worth $66,000 after buying an additional 1,750 shares during the period. 78.97% of the stock is currently owned by institutional investors.

Alpha and Omega Semiconductor Stock Down 4.8 %

Shares of Alpha and Omega Semiconductor stock traded down $2.18 during trading on Monday, reaching $43.02. The company's stock had a trading volume of 2,686,987 shares, compared to its average volume of 327,406. The company has a 50-day simple moving average of $36.82 and a two-hundred day simple moving average of $36.56. Alpha and Omega Semiconductor Limited has a 1-year low of $19.38 and a 1-year high of $53.29. The company has a market cap of $1.25 billion, a price-to-earnings ratio of -61.81 and a beta of 2.48. The company has a quick ratio of 1.44, a current ratio of 2.65 and a debt-to-equity ratio of 0.03.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last issued its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.01). Alpha and Omega Semiconductor had a positive return on equity of 0.19% and a negative net margin of 2.94%. 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 posted $0.30 EPS. Alpha and Omega Semiconductor's revenue was up .7% compared to the same quarter last year. As a group, equities analysts forecast that Alpha and Omega Semiconductor Limited will post -0.67 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently commented on the company. B. Riley reduced their price target on Alpha and Omega Semiconductor from $50.00 to $47.00 and set a "buy" rating for the company in a research report on Tuesday, November 5th. StockNews.com downgraded shares of Alpha and Omega Semiconductor from a "hold" rating to a "sell" rating in a report on Wednesday, December 11th. Stifel Nicolaus decreased their price target on shares of Alpha and Omega Semiconductor from $34.00 to $27.00 and set a "sell" rating for the company in a research report on Wednesday, November 6th. Finally, Benchmark reaffirmed a "buy" rating and issued a $40.00 price objective on shares of Alpha and Omega Semiconductor in a research report on Wednesday, November 6th.

Insider Activity at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 875 shares of the company's stock in a transaction 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 sale, the executive vice president now directly owns 128,986 shares of the company's stock, valued at approximately $5,288,426. This represents a 0.67 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Claudia Chen sold 5,623 shares of the stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $51.27, for a total value of $288,291.21. Following the sale, the director now directly owns 26,572 shares in the company, valued at $1,362,346.44. This represents a 17.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 54,065 shares of company stock valued at $2,534,690 in the last ninety days. Company insiders own 16.90% of the company's stock.

Alpha and Omega Semiconductor 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.