Y Intercept Hong Kong Ltd Makes New $784,000 Investment in Alpha and Omega Semiconductor Limited $AOSL

Y Intercept Hong Kong Ltd acquired a new stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 35,370 shares of the semiconductor company’s stock, valued at approximately $784,000.

Other hedge funds have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. acquired a new position in Alpha and Omega Semiconductor in the 3rd quarter valued at about $62,000. Strs Ohio purchased a new position in shares of Alpha and Omega Semiconductor in the 1st quarter valued at approximately $70,000. iSAM Funds UK Ltd acquired a new position in shares of Alpha and Omega Semiconductor in the third quarter valued at approximately $91,000. Tower Research Capital LLC TRC raised its stake in shares of Alpha and Omega Semiconductor by 574.4% during the second quarter. Tower Research Capital LLC TRC now owns 4,957 shares of the semiconductor company’s stock worth $127,000 after purchasing an additional 4,222 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Alpha and Omega Semiconductor by 79.9% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,926 shares of the semiconductor company’s stock worth $157,000 after purchasing an additional 3,519 shares during the period. Institutional investors and hedge funds own 78.97% of the company’s stock.

Insider Activity at Alpha and Omega Semiconductor

In related news, CFO Yifan Liang sold 26,517 shares of Alpha and Omega Semiconductor stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $30.57, for a total transaction of $810,624.69. Following the completion of the transaction, the chief financial officer directly owned 278,628 shares of the company’s stock, valued at approximately $8,517,657.96. The trade was a 8.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Bing Xue sold 4,916 shares of the business’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $47.09, for a total value of $231,494.44. Following the sale, the executive vice president owned 123,660 shares in the company, valued at approximately $5,823,149.40. The trade was a 3.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 62,368 shares of company stock valued at $2,092,671 in the last ninety days. Corporate insiders own 16.70% of the company’s stock.

Alpha and Omega Semiconductor Stock Performance

Shares of AOSL opened at $37.56 on Monday. Alpha and Omega Semiconductor Limited has a twelve month low of $17.01 and a twelve month high of $54.34. The firm has a market capitalization of $1.12 billion, a P/E ratio of -10.55 and a beta of 2.55. The firm’s 50-day moving average is $43.00 and its two-hundred day moving average is $30.65.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported ($0.28) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.34) by $0.06. The company had revenue of $163.79 million during the quarter, compared to the consensus estimate of $160.07 million. Alpha and Omega Semiconductor had a negative net margin of 15.51% and a negative return on equity of 4.30%. The company’s revenue for the quarter was down .5% on a year-over-year basis. During the same period last year, the firm earned ($0.10) EPS. Analysts predict that Alpha and Omega Semiconductor Limited will post -1.5 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have commented on AOSL shares. Needham & Company LLC initiated coverage on shares of Alpha and Omega Semiconductor in a research report on Friday, May 1st. They set a “buy” rating and a $50.00 price objective for the company. B. Riley Financial increased their price target on shares of Alpha and Omega Semiconductor from $19.00 to $25.00 and gave the stock a “neutral” rating in a report on Monday, April 13th. Wall Street Zen raised Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Saturday, June 27th. Zacks Research upgraded Alpha and Omega Semiconductor from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Finally, Stifel Nicolaus raised their price target on Alpha and Omega Semiconductor from $36.00 to $42.00 and gave the company a “hold” rating in a report on Wednesday, June 24th. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Alpha and Omega Semiconductor has a consensus rating of “Hold” and a consensus target price of $40.00.

Alpha and Omega Semiconductor Profile

Alpha and Omega Semiconductor Limited (NASDAQ: AOSL) is a designer and supplier of power semiconductor components used in power management applications across a range of electronic systems. The company offers a broad portfolio of discrete and integrated power devices, including power MOSFETs, rectifiers, voltage regulators, and power management ICs. These products are optimized for high efficiency, compact form factors and thermal performance, catering to the growing demands of energy-sensitive applications in computing, consumer electronics, communications and industrial markets.

Since its founding in 2000, Alpha and Omega Semiconductor has leveraged in-house design expertise and strategic partnerships with manufacturing facilities to deliver scalable, high-volume production.