Paradiem LLC Has $1.23 Million Position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Paradiem LLC cut its position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 60.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,316 shares of the semiconductor company’s stock after selling 72,298 shares during the quarter. Paradiem LLC owned about 0.17% of Alpha and Omega Semiconductor worth $1,233,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Algert Global LLC bought a new stake in Alpha and Omega Semiconductor in the 3rd quarter valued at $975,000. The Manufacturers Life Insurance Company lifted its position in shares of Alpha and Omega Semiconductor by 24.6% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,005,929 shares of the semiconductor company’s stock valued at $30,017,000 after acquiring an additional 198,291 shares during the period. First Eagle Investment Management LLC lifted its position in shares of Alpha and Omega Semiconductor by 16.2% during the 3rd quarter. First Eagle Investment Management LLC now owns 393,680 shares of the semiconductor company’s stock valued at $11,747,000 after acquiring an additional 54,927 shares during the period. Boston Partners lifted its position in shares of Alpha and Omega Semiconductor by 6.2% during the 3rd quarter. Boston Partners now owns 37,801 shares of the semiconductor company’s stock valued at $1,128,000 after acquiring an additional 2,220 shares during the period. Finally, Wellington Management Group LLP lifted its position in shares of Alpha and Omega Semiconductor by 288.5% during the 3rd quarter. Wellington Management Group LLP now owns 293,300 shares of the semiconductor company’s stock valued at $8,752,000 after acquiring an additional 217,800 shares during the period. 78.97% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently weighed in on AOSL. B. Riley upgraded Alpha and Omega Semiconductor from a “neutral” rating to a “buy” rating and upped their target price for the company from $28.00 to $34.00 in a research report on Tuesday, January 2nd. Stifel Nicolaus cut 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 report on Thursday, April 18th. Finally, StockNews.com upgraded Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Wednesday, March 6th.

Alpha and Omega Semiconductor Price Performance

Shares of Alpha and Omega Semiconductor stock traded up $0.68 during trading on Friday, reaching $22.19. 80,848 shares of the company’s stock were exchanged, compared to its average volume of 93,568. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.52 and a quick ratio of 1.33. Alpha and Omega Semiconductor Limited has a 1-year low of $19.38 and a 1-year high of $35.40. The firm’s 50-day moving average price is $21.97 and its 200 day moving average price is $23.80.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings results on Tuesday, February 6th. The semiconductor company reported ($0.06) EPS for the quarter, topping 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 analysts’ expectations of $165.00 million. As a group, analysts forecast that Alpha and Omega Semiconductor Limited will post -0.5 EPS for the current fiscal year.

Insiders Place Their Bets

In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 1,956 shares of the company’s stock in a transaction dated Monday, April 22nd. The stock was sold at an average price of $19.57, for a total value of $38,278.92. Following the completion of the transaction, the executive vice president now owns 130,082 shares of the company’s stock, valued at approximately $2,545,704.74. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 1,956 shares of the company’s stock in a transaction dated Monday, April 22nd. The stock was sold at an average price of $19.57, for a total value of $38,278.92. Following the completion of the transaction, the executive vice president now owns 130,082 shares of the company’s stock, valued at approximately $2,545,704.74. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Yifan Liang sold 20,000 shares of the company’s stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $23.31, for a total value of $466,200.00. Following the completion of the transaction, the chief financial officer now directly owns 293,296 shares of the company’s stock, valued at approximately $6,836,729.76. The disclosure for this sale can be found here. Insiders sold a total of 70,649 shares of company stock valued at $1,727,692 in the last 90 days. Corporate insiders own 17.90% 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.