1,500 Shares in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Purchased by Hollencrest Capital Management

Hollencrest Capital Management acquired a new position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,500 shares of the semiconductor company’s stock, valued at approximately $56,000.

Other institutional investors also recently modified their holdings of the company. Gladius Capital Management LP bought a new position in Alpha and Omega Semiconductor in the second quarter worth $36,000. Point72 DIFC Ltd bought a new position in shares of Alpha and Omega Semiconductor during the 2nd quarter worth about $47,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Alpha and Omega Semiconductor during the 2nd quarter valued at about $62,000. Farther Finance Advisors LLC increased its stake in Alpha and Omega Semiconductor by 10,937.5% in the third quarter. Farther Finance Advisors LLC now owns 1,766 shares of the semiconductor company’s stock valued at $66,000 after acquiring an additional 1,750 shares during the period. Finally, nVerses Capital LLC acquired a new position in Alpha and Omega Semiconductor in the second quarter worth about $116,000. Institutional investors and hedge funds own 78.97% of the company’s stock.

Insiders Place Their Bets

In related news, COO Wenjun Li sold 2,183 shares of the business’s stock in a transaction that occurred on Thursday, October 24th. The shares were sold at an average price of $35.49, for a total transaction of $77,474.67. Following the completion of the sale, the chief operating officer now directly owns 61,331 shares of the company’s stock, valued at $2,176,637.19. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. In other news, CFO Yifan Liang sold 10,000 shares of the company’s stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $35.60, for a total value of $356,000.00. Following the completion of the sale, the chief financial officer now directly owns 296,294 shares of the company’s stock, valued at $10,548,066.40. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Wenjun Li sold 2,183 shares of Alpha and Omega Semiconductor stock in a transaction that occurred 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 directly owns 61,331 shares in the company, valued at $2,176,637.19. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 15,560 shares of company stock valued at $562,003. 16.90% of the stock is currently owned by insiders.

Alpha and Omega Semiconductor Stock Performance

Shares of Alpha and Omega Semiconductor stock opened at $26.49 on Friday. The firm has a 50 day simple moving average of $35.13 and a 200 day simple moving average of $34.00. Alpha and Omega Semiconductor Limited has a fifty-two week low of $19.38 and a fifty-two week high of $47.45. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.58 and a quick ratio of 1.31. The firm has a market cap of $769.03 million, a P/E ratio of -39.54 and a beta of 2.42.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its earnings results on Monday, November 4th. The semiconductor company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.01). The firm had revenue of $181.89 million during the quarter, compared to analyst estimates of $180.07 million. Alpha and Omega Semiconductor had a negative net margin of 2.94% and a positive return on equity of 0.19%. The firm’s quarterly revenue was up .7% on a year-over-year basis. During the same period last year, the business posted $0.30 earnings per share. Sell-side analysts predict that Alpha and Omega Semiconductor Limited will post -0.32 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. StockNews.com downgraded Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a report on Tuesday. B. Riley dropped their price objective on Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating for the company in a research note on Tuesday. 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 research report on Wednesday. Finally, Benchmark reaffirmed a “buy” rating and set a $40.00 price objective on shares of Alpha and Omega Semiconductor in a research note on Wednesday.

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.