SG Americas Securities LLC Sells 48,728 Shares of Alpha and Omega Semiconductor Limited $AOSL

Key Points

• SG Americas Securities LLC sold 48,728 shares of Alpha and Omega Semiconductor (AOSL) in Q4, reducing its stake by 38.3% to 78,548 shares worth about $1.56 million (≈0.26% of the company).
• Analyst sentiment has turned negative with a MarketBeat consensus rating of "Reduce" and an average price target of $23.67, following multiple downgrades; the company also reported a Q4 EPS miss (‑$0.16 vs. ‑$0.08) and continues to show negative margins and ROE.
• Insiders and institutions are active: Director Mike F. Chang bought 33,727 shares while EVP Bing Xue sold 2,408 shares; insiders own 16.7% of the stock and institutional/hedge funds hold about 78.97%.

SG Americas Securities LLC cut its stake in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 38.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 78,548 shares of the semiconductor company's stock after selling 48,728 shares during the quarter. SG Americas Securities LLC owned approximately 0.26% of Alpha and Omega Semiconductor worth $1,556,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of AOSL. Millennium Management LLC raised its holdings in shares of Alpha and Omega Semiconductor by 57.5% during the third quarter. Millennium Management LLC now owns 637,876 shares of the semiconductor company's stock valued at $17,835,000 after purchasing an additional 232,817 shares during the period. The Manufacturers Life Insurance Company increased its position in Alpha and Omega Semiconductor by 12.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,411,400 shares of the semiconductor company's stock valued at $36,217,000 after buying an additional 158,869 shares in the last quarter. Wellington Management Group LLP increased its position in Alpha and Omega Semiconductor by 15.0% in the 3rd quarter. Wellington Management Group LLP now owns 864,965 shares of the semiconductor company's stock valued at $24,184,000 after buying an additional 113,077 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Alpha and Omega Semiconductor by 551.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 92,121 shares of the semiconductor company's stock worth $2,364,000 after buying an additional 77,984 shares during the period. Finally, Acuitas Investments LLC boosted its holdings in Alpha and Omega Semiconductor by 38.6% in 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 in the last quarter. 78.97% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on AOSL shares. Zacks Research downgraded Alpha and Omega Semiconductor from a "hold" rating to a "strong sell" rating in a report on Tuesday, February 10th. Wall Street Zen downgraded shares of Alpha and Omega Semiconductor from a "hold" rating to a "strong sell" rating in a research report on Saturday, February 7th. Stifel Nicolaus decreased their price target on shares of Alpha and Omega Semiconductor from $24.00 to $22.00 and set a "hold" rating for the company in a research note on Friday, February 6th. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of Alpha and Omega Semiconductor in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Reduce" and an average price target of $23.67.

Alpha and Omega Semiconductor Price Performance

AOSL opened at $23.19 on Tuesday. Alpha and Omega Semiconductor Limited has a fifty-two week low of $15.90 and a fifty-two week high of $33.01. The firm has a market capitalization of $690.16 million, a P/E ratio of -6.68 and a beta of 1.94. The company's 50-day moving average is $21.74 and its 200 day moving average is $23.01.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last posted its quarterly earnings data on Thursday, February 5th. The semiconductor company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.08). Alpha and Omega Semiconductor had a negative net margin of 15.06% and a negative return on equity of 3.78%. The firm had revenue of $162.26 million during the quarter, compared to analysts' expectations of $160.67 million. During the same quarter last year, the business posted $0.09 EPS. The company's quarterly revenue was down 6.3% on a year-over-year basis. On average, equities research analysts expect that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current year.

Insider Buying and Selling

In other news, EVP Bing Xue sold 2,408 shares of the firm's stock in a transaction on Monday, March 16th. The stock was sold at an average price of $21.92, for a total transaction of $52,783.36. Following the completion of the sale, the executive vice president directly owned 113,631 shares of the company's stock, valued at $2,490,791.52. This trade represents a 2.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Mike F. Chang bought 33,727 shares of the stock in a transaction dated Monday, March 9th. The shares were acquired at an average price of $19.00 per share, for a total transaction of $640,813.00. Following the completion of the purchase, the director directly owned 4,369,574 shares in the company, valued at approximately $83,021,906. This trade represents a 0.78% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 16.70% of the company's stock.

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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