Paradiem LLC Sells 72,298 Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Paradiem LLC reduced its holdings in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 60.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 47,316 shares of the semiconductor company's stock after selling 72,298 shares during the quarter. Paradiem LLC owned approximately 0.17% of Alpha and Omega Semiconductor worth $1,233,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the business. The Manufacturers Life Insurance Company lifted its holdings in shares of Alpha and Omega Semiconductor by 24.6% in 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 purchasing an additional 198,291 shares during the last quarter. First Eagle Investment Management LLC lifted its holdings in shares of Alpha and Omega Semiconductor by 16.2% in 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 purchasing an additional 54,927 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of Alpha and Omega Semiconductor by 288.5% in the 3rd quarter. Wellington Management Group LLP now owns 293,300 shares of the semiconductor company's stock valued at $8,752,000 after purchasing an additional 217,800 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Alpha and Omega Semiconductor by 3.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 181,684 shares of the semiconductor company's stock valued at $5,421,000 after purchasing an additional 6,254 shares during the last quarter. Finally, Brandywine Global Investment Management LLC lifted its holdings in shares of Alpha and Omega Semiconductor by 178.7% in the 3rd quarter. Brandywine Global Investment Management LLC now owns 83,990 shares of the semiconductor company's stock valued at $2,506,000 after purchasing an additional 53,855 shares during the last quarter. 78.97% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on AOSL. StockNews.com raised Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a report on Wednesday, March 6th. B. Riley raised Alpha and Omega Semiconductor from a "neutral" rating to a "buy" rating and upped their price objective for the company from $28.00 to $34.00 in a research note on Tuesday, January 2nd. Finally, Stifel Nicolaus reduced their price objective on Alpha and Omega Semiconductor from $23.00 to $21.00 and set a "sell" rating for the company in a research note on Thursday, April 18th.

Alpha and Omega Semiconductor Stock Performance

AOSL traded up $0.68 on Friday, hitting $22.19. 80,848 shares of the company traded hands, compared to its average volume of 93,568. The company has a 50 day moving average of $21.97 and a 200-day moving average of $23.75. The company has a quick ratio of 1.33, a current ratio of 2.52 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $627.53 million, a PE ratio of -35.22 and a beta of 2.39. Alpha and Omega Semiconductor Limited has a 12-month low of $19.38 and a 12-month high of $35.40.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last issued its earnings results on Tuesday, February 6th. The semiconductor company reported ($0.06) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.10) by $0.04. The business had revenue of $165.29 million during the quarter, compared to the consensus estimate of $165.00 million. Alpha and Omega Semiconductor had a positive return on equity of 0.64% and a negative net margin of 2.68%. Sell-side analysts anticipate that Alpha and Omega Semiconductor Limited will post -0.5 earnings per share for the current year.

Insider Transactions at Alpha and Omega Semiconductor

In other news, EVP Bing Xue sold 1,956 shares of the stock in a transaction that occurred on Monday, April 22nd. The stock was sold at an average price of $19.57, for a total transaction of $38,278.92. Following the completion of the transaction, the executive vice president now directly owns 130,082 shares of the company's stock, valued at approximately $2,545,704.74. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other news, EVP Bing Xue sold 1,956 shares of the stock in a transaction that occurred on Monday, April 22nd. The stock was sold at an average price of $19.57, for a total transaction of $38,278.92. Following the completion of the transaction, the executive vice president now directly owns 130,082 shares of the company's stock, valued at approximately $2,545,704.74. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Yifan Liang sold 20,000 shares of the company's stock in a transaction that occurred on 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 sale, the chief financial officer now owns 293,296 shares in the company, valued at approximately $6,836,729.76. The disclosure for this sale can be found here. In the last three months, insiders sold 70,649 shares of company stock valued at $1,727,692. 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.