Alpha and Omega Semiconductor Limited $AOSL Shares Sold by WINTON GROUP Ltd

WINTON GROUP Ltd lessened its stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 42.7% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 34,889 shares of the semiconductor company’s stock after selling 26,043 shares during the quarter. WINTON GROUP Ltd owned about 0.12% of Alpha and Omega Semiconductor worth $1,651,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Integrated Wealth Concepts LLC acquired a new position in shares of Alpha and Omega Semiconductor during the second quarter worth $40,000. Northwestern Mutual Wealth Management Co. purchased a new stake in Alpha and Omega Semiconductor during the 3rd quarter worth $62,000. Strs Ohio acquired a new position in shares of Alpha and Omega Semiconductor in the first quarter worth about $70,000. iSAM Funds UK Ltd purchased a new position in Alpha and Omega Semiconductor in the third quarter valued at about $91,000. Finally, Tower Research Capital LLC TRC boosted its holdings in Alpha and Omega Semiconductor by 574.4% in the second quarter. Tower Research Capital LLC TRC now owns 4,957 shares of the semiconductor company’s stock valued at $127,000 after purchasing an additional 4,222 shares during the last quarter. Hedge funds and other institutional investors own 78.97% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. B. Riley Financial cut their target price on Alpha and Omega Semiconductor from $38.00 to $34.00 and set a “neutral” rating on the stock in a research report on Thursday, August 13th. Needham & Company LLC reduced their price objective on shares of Alpha and Omega Semiconductor from $50.00 to $45.00 and set a “buy” rating on the stock in a research note on Thursday, August 13th. Weiss Ratings reissued a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research report on Friday, July 17th. Lake Street Capital assumed coverage on shares of Alpha and Omega Semiconductor in a research note on Thursday, June 25th. They issued a “buy” rating and a $58.00 target price on the stock. Finally, Stifel Nicolaus increased their price target on shares of Alpha and Omega Semiconductor from $36.00 to $42.00 and gave the stock a “hold” rating in a research report on Wednesday, June 24th. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $41.50.

Alpha and Omega Semiconductor Price Performance

Shares of NASDAQ AOSL opened at $25.78 on Friday. The firm has a market capitalization of $780.10 million, a PE ratio of -18.28 and a beta of 2.56. The business’s fifty day moving average price is $30.42 and its two-hundred day moving average price is $33.10. Alpha and Omega Semiconductor Limited has a 1-year low of $17.01 and a 1-year high of $54.34.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its quarterly earnings data on Wednesday, August 12th. The semiconductor company reported ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.24) by $0.11. Alpha and Omega Semiconductor had a negative return on equity of 4.88% and a negative net margin of 6.23%.The business had revenue of $170.37 million during the quarter, compared to the consensus estimate of $168.00 million. During the same period in the previous year, the firm posted $0.02 earnings per share. The business’s revenue was down 3.5% on a year-over-year basis. Equities research analysts expect that Alpha and Omega Semiconductor Limited will post -1.7 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Bing Xue sold 4,916 shares of the firm’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $47.09, for a total transaction of $231,494.44. Following the transaction, the executive vice president directly owned 123,660 shares of the company’s stock, valued at approximately $5,823,149.40. This trade represents a 3.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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.