Semanteon Capital Management LP Invests $482,000 in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Semanteon Capital Management LP bought a new position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 18,507 shares of the semiconductor company’s stock, valued at approximately $482,000. Semanteon Capital Management LP owned about 0.07% of Alpha and Omega Semiconductor as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Algert Global LLC purchased a new stake in shares of Alpha and Omega Semiconductor during the third quarter worth about $975,000. The Manufacturers Life Insurance Company grew its stake in Alpha and Omega Semiconductor by 24.6% in the third quarter. The Manufacturers Life Insurance Company now owns 1,005,929 shares of the semiconductor company’s stock worth $30,017,000 after purchasing an additional 198,291 shares in the last quarter. First Eagle Investment Management LLC grew its stake in Alpha and Omega Semiconductor by 16.2% in the third quarter. First Eagle Investment Management LLC now owns 393,680 shares of the semiconductor company’s stock worth $11,747,000 after purchasing an additional 54,927 shares in the last quarter. Boston Partners grew its stake in Alpha and Omega Semiconductor by 6.2% in the third quarter. Boston Partners now owns 37,801 shares of the semiconductor company’s stock worth $1,128,000 after purchasing an additional 2,220 shares in the last quarter. Finally, Wellington Management Group LLP grew its stake in Alpha and Omega Semiconductor by 288.5% in the third quarter. Wellington Management Group LLP now owns 293,300 shares of the semiconductor company’s stock worth $8,752,000 after purchasing an additional 217,800 shares in the last quarter. 78.97% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Alpha and Omega Semiconductor

In other news, CFO Yifan Liang sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $23.31, for a total transaction of $466,200.00. Following the completion of the transaction, the chief financial officer now directly owns 293,296 shares in the company, valued at $6,836,729.76. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, CFO Yifan Liang sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $23.31, for a total transaction of $466,200.00. Following the completion of the transaction, the chief financial officer now directly owns 293,296 shares in the company, valued at $6,836,729.76. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Bing Xue sold 14,292 shares of the business’s stock in a transaction that occurred on Wednesday, February 14th. The stock was sold at an average price of $22.77, for a total value of $325,428.84. Following the transaction, the executive vice president now owns 131,291 shares of the company’s stock, valued at $2,989,496.07. The disclosure for this sale can be found here. Over the last three months, insiders sold 70,649 shares of company stock worth $1,727,692. Company insiders own 17.90% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. StockNews.com upgraded Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research note on Wednesday, March 6th. B. Riley upgraded Alpha and Omega Semiconductor from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $28.00 to $34.00 in a research note on Tuesday, January 2nd. Finally, Stifel Nicolaus decreased their target price on Alpha and Omega Semiconductor from $23.00 to $21.00 and set a “sell” rating for the company in a research note on Thursday, April 18th.

Alpha and Omega Semiconductor Stock Performance

AOSL stock traded up $0.68 during midday trading on Friday, reaching $22.19. The company had a trading volume of 80,748 shares, compared to its average volume of 139,049. The company has a quick ratio of 1.33, a current ratio of 2.52 and a debt-to-equity ratio of 0.04. The stock has a 50 day moving average price of $21.98 and a 200 day moving average price of $23.88. Alpha and Omega Semiconductor Limited has a fifty-two week low of $19.38 and a fifty-two week high of $35.40. The firm has a market capitalization of $627.53 million, a PE ratio of -35.22 and a beta of 2.39.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its earnings results on Tuesday, February 6th. The semiconductor company reported ($0.06) EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.04. Alpha and Omega Semiconductor had a positive return on equity of 0.64% and a negative net margin of 2.68%. The company had revenue of $165.29 million during the quarter, compared to the consensus estimate of $165.00 million. Analysts anticipate that Alpha and Omega Semiconductor Limited will post -0.5 earnings per share for the current year.

About Alpha and Omega Semiconductor

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.