Polymer Capital Management HK LTD Invests $1.83 Million in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Polymer Capital Management HK LTD bought a new stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 49,377 shares of the semiconductor company’s stock, valued at approximately $1,828,000. Polymer Capital Management HK LTD owned about 0.17% of Alpha and Omega Semiconductor at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Intech Investment Management LLC purchased a new stake in Alpha and Omega Semiconductor in the 3rd quarter valued at about $219,000. BNP Paribas Financial Markets lifted its holdings in Alpha and Omega Semiconductor by 4.9% during the third quarter. BNP Paribas Financial Markets now owns 10,853 shares of the semiconductor company’s stock worth $403,000 after acquiring an additional 508 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Alpha and Omega Semiconductor by 86.2% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 56,149 shares of the semiconductor company’s stock worth $2,084,000 after purchasing an additional 25,991 shares during the last quarter. HighTower Advisors LLC bought a new position in Alpha and Omega Semiconductor in the 3rd quarter valued at $205,000. Finally, Point72 Asset Management L.P. raised its stake in shares of Alpha and Omega Semiconductor by 110.1% during the 3rd quarter. Point72 Asset Management L.P. now owns 471,535 shares of the semiconductor company’s stock worth $17,503,000 after purchasing an additional 247,051 shares during the period. 78.97% of the stock is owned by institutional investors.

Alpha and Omega Semiconductor Price Performance

NASDAQ AOSL opened at $18.48 on Friday. The company has a quick ratio of 1.50, a current ratio of 2.72 and a debt-to-equity ratio of 0.03. The company has a market cap of $543.59 million, a PE ratio of -23.10 and a beta of 2.48. Alpha and Omega Semiconductor Limited has a 52 week low of $16.38 and a 52 week high of $53.29. The firm’s 50-day simple moving average is $31.02 and its two-hundred day simple moving average is $35.20.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its quarterly earnings data on Wednesday, February 5th. The semiconductor company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.26). Alpha and Omega Semiconductor had a negative net margin of 3.46% and a negative return on equity of 0.23%. Research analysts predict that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current year.

Wall Street Analyst Weigh In

AOSL has been the subject of a number of research analyst reports. StockNews.com upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Friday, March 7th. Benchmark raised their price target on shares of Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the stock a “buy” rating in a research note on Thursday, February 6th.

Insider Transactions at Alpha and Omega Semiconductor

In related news, EVP Bing Xue sold 1,242 shares of Alpha and Omega Semiconductor stock in a transaction on Monday, January 13th. The stock was sold at an average price of $35.00, for a total transaction of $43,470.00. Following the completion of the sale, the executive vice president now owns 115,368 shares of the company’s stock, valued at approximately $4,037,880. This trade represents a 1.07 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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.