UBS Group AG grew its position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL – Free Report) by 224.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 217,121 shares of the semiconductor company’s stock after acquiring an additional 150,254 shares during the quarter. UBS Group AG’s holdings in Alpha and Omega Semiconductor were worth $4,301,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Acuitas Investments LLC increased its stake in Alpha and Omega Semiconductor by 38.6% during the third quarter. Acuitas Investments LLC now owns 240,920 shares of the semiconductor company’s stock worth $6,736,000 after acquiring an additional 67,100 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Alpha and Omega Semiconductor by 72.4% during the third quarter. JPMorgan Chase & Co. now owns 158,844 shares of the semiconductor company’s stock worth $4,441,000 after acquiring an additional 66,723 shares during the last quarter. Massachusetts Financial Services Co. MA acquired a new stake in Alpha and Omega Semiconductor during the fourth quarter worth about $563,000. Numerai GP LLC increased its stake in Alpha and Omega Semiconductor by 37.6% during the third quarter. Numerai GP LLC now owns 89,695 shares of the semiconductor company’s stock worth $2,508,000 after acquiring an additional 24,492 shares during the last quarter. Finally, GSA Capital Partners LLP acquired a new stake in Alpha and Omega Semiconductor during the third quarter worth about $1,012,000. 78.97% of the stock is currently owned by institutional investors and hedge funds.
Alpha and Omega Semiconductor Stock Performance
Shares of AOSL opened at $41.72 on Friday. The company has a market capitalization of $1.25 billion, a P/E ratio of -11.72 and a beta of 2.58. Alpha and Omega Semiconductor Limited has a one year low of $17.01 and a one year high of $49.97. The stock has a 50-day moving average price of $31.66 and a 200 day moving average price of $24.85.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on AOSL shares. Zacks Research raised Alpha and Omega Semiconductor from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Stifel Nicolaus decreased their target price on Alpha and Omega Semiconductor from $24.00 to $22.00 and set a “hold” rating for the company in a research report on Friday, February 6th. Needham & Company LLC started coverage on Alpha and Omega Semiconductor in a research report on Friday, May 1st. They issued a “buy” rating and a $50.00 target price for the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research report on Monday, April 20th. Finally, Wall Street Zen raised Alpha and Omega Semiconductor from a “strong sell” rating to a “hold” rating in a research report on Saturday, May 9th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $30.50.
Get Our Latest Report on Alpha and Omega Semiconductor
Insider Activity at Alpha and Omega Semiconductor
In related news, CFO Yifan Liang sold 8,625 shares of Alpha and Omega Semiconductor stock in a transaction on Friday, April 17th. The shares were sold at an average price of $35.00, for a total value of $301,875.00. Following the completion of the sale, the chief financial officer owned 270,003 shares in the company, valued at approximately $9,450,105. The trade was a 3.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Bing Xue sold 1,832 shares of Alpha and Omega Semiconductor stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $31.21, for a total transaction of $57,176.72. Following the completion of the sale, the executive vice president owned 132,617 shares of the company’s stock, valued at approximately $4,138,976.57. This trade represents a 1.36% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 59,860 shares of company stock worth $1,913,960 in the last ninety days. 16.70% of the stock is currently owned by corporate insiders.
Alpha and Omega Semiconductor Company 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.
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