14,737 Shares in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Acquired by Redwood Wealth Management Group LLC

Redwood Wealth Management Group LLC acquired a new position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 14,737 shares of the semiconductor company’s stock, valued at approximately $548,000. Redwood Wealth Management Group LLC owned 0.05% of Alpha and Omega Semiconductor as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. Truvestments Capital LLC purchased a new position in shares of Alpha and Omega Semiconductor during the 3rd quarter worth approximately $45,000. Hollencrest Capital Management acquired a new stake in Alpha and Omega Semiconductor during the 3rd quarter worth approximately $56,000. Farther Finance Advisors LLC lifted its holdings in Alpha and Omega Semiconductor by 10,937.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,766 shares of the semiconductor company’s stock worth $66,000 after buying an additional 1,750 shares in the last quarter. Eastern Bank acquired a new stake in Alpha and Omega Semiconductor during the 3rd quarter worth approximately $174,000. Finally, HighTower Advisors LLC acquired a new stake in Alpha and Omega Semiconductor during the 3rd quarter worth approximately $205,000. Hedge funds and other institutional investors own 78.97% of the company’s stock.

Insider Activity

In related news, EVP Bing Xue sold 875 shares of Alpha and Omega Semiconductor stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $41.00, for a total transaction of $35,875.00. Following the sale, the executive vice president now directly owns 128,986 shares in the company, valued at $5,288,426. This trade represents a 0.67 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Yifan Liang sold 31,004 shares of Alpha and Omega Semiconductor stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $49.21, for a total transaction of $1,525,706.84. Following the sale, the chief financial officer now owns 265,175 shares in the company, valued at $13,049,261.75. This represents a 10.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 53,124 shares of company stock worth $2,500,685. 16.90% of the stock is currently owned by corporate insiders.

Alpha and Omega Semiconductor Price Performance

Shares of AOSL opened at $43.15 on Wednesday. Alpha and Omega Semiconductor Limited has a twelve month low of $19.38 and a twelve month high of $53.29. The firm’s fifty day simple moving average is $40.37 and its 200-day simple moving average is $37.49. The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of -64.40 and a beta of 2.47. The company has a current ratio of 2.65, a quick ratio of 1.44 and a debt-to-equity ratio of 0.03.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings data on Monday, November 4th. The semiconductor company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). Alpha and Omega Semiconductor had a negative net margin of 2.94% and a positive return on equity of 0.19%. The firm had revenue of $181.89 million during the quarter, compared to analyst estimates of $180.07 million. During the same quarter in the previous year, the business posted $0.30 earnings per share. Alpha and Omega Semiconductor’s revenue for the quarter was up .7% compared to the same quarter last year. Equities analysts forecast that Alpha and Omega Semiconductor Limited will post -0.67 EPS for the current fiscal year.

Analyst Ratings Changes

AOSL has been the topic of a number of research reports. Stifel Nicolaus reduced their target price on shares of Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating on the stock in a report on Wednesday, November 6th. StockNews.com upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Tuesday, December 24th. B. Riley reduced their target price on shares of Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Finally, Benchmark restated a “buy” rating and issued a $40.00 price objective on shares of Alpha and Omega Semiconductor in a report on Wednesday, November 6th.

About Alpha and Omega Semiconductor

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.