Gagnon Securities LLC Has $7.93 Million Stock Position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Gagnon Securities LLC decreased its position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 0.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 214,105 shares of the semiconductor company’s stock after selling 846 shares during the period. Alpha and Omega Semiconductor comprises approximately 1.6% of Gagnon Securities LLC’s holdings, making the stock its 24th largest holding. Gagnon Securities LLC owned 0.74% of Alpha and Omega Semiconductor worth $7,928,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in AOSL. State Street Corp raised its holdings in Alpha and Omega Semiconductor by 33.2% in the 3rd quarter. State Street Corp now owns 1,341,290 shares of the semiconductor company’s stock valued at $49,789,000 after acquiring an additional 334,657 shares in the last quarter. Point72 Asset Management L.P. raised its holdings in Alpha and Omega Semiconductor by 110.1% in the 3rd quarter. Point72 Asset Management L.P. now owns 471,535 shares of the semiconductor company’s stock valued at $17,503,000 after acquiring an additional 247,051 shares in the last quarter. Millennium Management LLC raised its holdings in Alpha and Omega Semiconductor by 867.6% in the 2nd quarter. Millennium Management LLC now owns 137,280 shares of the semiconductor company’s stock valued at $5,130,000 after acquiring an additional 123,093 shares in the last quarter. Algert Global LLC raised its holdings in Alpha and Omega Semiconductor by 172.8% in the 3rd quarter. Algert Global LLC now owns 89,920 shares of the semiconductor company’s stock valued at $3,338,000 after acquiring an additional 56,962 shares in the last quarter. Finally, Barclays PLC raised its holdings in shares of Alpha and Omega Semiconductor by 367.4% in the 3rd quarter. Barclays PLC now owns 40,359 shares of the semiconductor company’s stock worth $1,498,000 after buying an additional 31,725 shares in the last quarter. Institutional investors and hedge funds own 78.97% of the company’s stock.

Alpha and Omega Semiconductor Trading Up 2.7 %

AOSL stock opened at $38.42 on Friday. The business has a fifty day moving average price of $40.40 and a 200 day moving average price of $37.70. Alpha and Omega Semiconductor Limited has a fifty-two week low of $19.38 and a fifty-two week high of $53.29. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of -57.34 and a beta of 2.48. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.65 and a quick ratio of 1.44.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings data on Monday, November 4th. The semiconductor company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). The firm had revenue of $181.89 million during the quarter, compared to the consensus estimate 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 quarter in the previous year, the business posted $0.30 earnings per share. Analysts expect that Alpha and Omega Semiconductor Limited will post -0.67 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on AOSL shares. Benchmark reissued a “buy” rating and issued a $40.00 target price on shares of Alpha and Omega Semiconductor in a report on Wednesday, November 6th. StockNews.com raised Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Tuesday, December 24th. Stifel Nicolaus dropped their target price on Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating for the company in a report on Wednesday, November 6th. Finally, B. Riley dropped their target price on Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating for the company in a report on Tuesday, November 5th.

Insider Buying and Selling at Alpha and Omega Semiconductor

In other news, CFO Yifan Liang sold 31,004 shares of the firm’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $49.21, for a total value of $1,525,706.84. Following the transaction, the chief financial officer now directly owns 265,175 shares in the company, valued at $13,049,261.75. This trade represents a 10.47 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Claudia Chen sold 5,623 shares of the firm’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $51.27, for a total value of $288,291.21. Following the completion of the transaction, the director now owns 26,572 shares in the company, valued at $1,362,346.44. This represents a 17.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 53,124 shares of company stock worth $2,500,685. Insiders own 16.90% of the company’s stock.

Alpha and Omega Semiconductor Company 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.