SG Americas Securities LLC Acquires 10,041 Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

SG Americas Securities LLC boosted its holdings in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL – Get Rating) by 123.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 18,202 shares of the semiconductor company’s stock after buying an additional 10,041 shares during the period. SG Americas Securities LLC’s holdings in Alpha and Omega Semiconductor were worth $560,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. SeaCrest Wealth Management LLC bought a new stake in Alpha and Omega Semiconductor during the second quarter worth about $25,000. Truvestments Capital LLC bought a new stake in Alpha and Omega Semiconductor during the second quarter worth about $31,000. Captrust Financial Advisors bought a new stake in Alpha and Omega Semiconductor during the first quarter worth about $45,000. US Bancorp DE bought a new stake in Alpha and Omega Semiconductor during the first quarter worth about $45,000. Finally, Point72 Hong Kong Ltd bought a new stake in Alpha and Omega Semiconductor during the first quarter worth about $104,000. Institutional investors own 67.59% of the company’s stock.

Insider Activity at Alpha and Omega Semiconductor

In related news, CEO Mike F. Chang sold 56,400 shares of the business’s stock in a transaction dated Monday, January 9th. The stock was sold at an average price of $29.96, for a total transaction of $1,689,744.00. Following the transaction, the chief executive officer now owns 4,352,210 shares in the company, valued at approximately $130,392,211.60. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, CFO Yifan Liang sold 6,600 shares of the business’s stock in a transaction dated Monday, January 9th. The stock was sold at an average price of $30.00, for a total transaction of $198,000.00. Following the transaction, the chief financial officer now owns 190,090 shares in the company, valued at approximately $5,702,700. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Mike F. Chang sold 56,400 shares of the business’s stock in a transaction dated Monday, January 9th. The shares were sold at an average price of $29.96, for a total value of $1,689,744.00. Following the transaction, the chief executive officer now owns 4,352,210 shares in the company, valued at approximately $130,392,211.60. The disclosure for this sale can be found here. 18.90% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on AOSL shares. B. Riley dropped their price target on Alpha and Omega Semiconductor from $45.00 to $38.00 and set a “neutral” rating for the company in a research note on Tuesday, October 4th. StockNews.com assumed coverage on Alpha and Omega Semiconductor in a report on Wednesday, October 12th. They issued a “hold” rating on the stock.

Alpha and Omega Semiconductor Stock Up 6.4 %

AOSL opened at $33.35 on Tuesday. The company has a market cap of $914.06 million, a P/E ratio of 2.08 and a beta of 2.43. The business’s 50-day moving average price is $31.79 and its 200-day moving average price is $34.29. The company has a current ratio of 2.24, a quick ratio of 1.57 and a debt-to-equity ratio of 0.06. Alpha and Omega Semiconductor Limited has a 12 month low of $27.38 and a 12 month high of $69.99.

Alpha and Omega Semiconductor (NASDAQ:AOSL – Get Rating) last released its quarterly earnings data on Thursday, November 3rd. The semiconductor company reported $0.84 EPS for the quarter, missing the consensus estimate of $0.96 by ($0.12). The company had revenue of $208.48 million during the quarter, compared to analysts’ expectations of $210.00 million. Alpha and Omega Semiconductor had a return on equity of 11.60% and a net margin of 57.04%. On average, equities analysts expect that Alpha and Omega Semiconductor Limited will post 2.07 EPS for the current year.

Alpha and Omega Semiconductor Company Profile

(Get Rating)

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.