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

WINTON GROUP Ltd cut its stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 42.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,889 shares of the semiconductor company’s stock after selling 26,043 shares during the period. WINTON GROUP Ltd’s holdings in Alpha and Omega Semiconductor were worth $1,651,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Royce & Associates LP lifted its position in Alpha and Omega Semiconductor by 10.9% in the fourth quarter. Royce & Associates LP now owns 474,015 shares of the semiconductor company’s stock worth $9,390,000 after purchasing an additional 46,662 shares during the period. UBS Group AG increased its position in shares of Alpha and Omega Semiconductor by 224.7% during the 4th quarter. UBS Group AG now owns 217,121 shares of the semiconductor company’s stock valued at $4,301,000 after purchasing an additional 150,254 shares during the period. AXQ Capital LP acquired a new position in shares of Alpha and Omega Semiconductor during the 4th quarter valued at $406,000. Y Intercept Hong Kong Ltd bought a new stake in shares of Alpha and Omega Semiconductor in the 1st quarter worth $784,000. Finally, Counterpoint Mutual Funds LLC bought a new stake in shares of Alpha and Omega Semiconductor in the 1st quarter worth $877,000. Institutional investors and hedge funds own 78.97% of the company’s stock.

Insider Activity

In other news, EVP Bing Xue sold 4,916 shares of the stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $47.09, for a total value of $231,494.44. Following the completion of the sale, the executive vice president directly owned 123,660 shares of the company’s stock, valued at $5,823,149.40. This represents a 3.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 16.70% of the stock is owned by company insiders.

Alpha and Omega Semiconductor Trading Up 3.9%

Shares of AOSL stock opened at $25.78 on Friday. The company has a market capitalization of $780.10 million, a price-to-earnings ratio of -18.28 and a beta of 2.56. Alpha and Omega Semiconductor Limited has a 1-year low of $17.01 and a 1-year high of $54.34. The stock’s fifty day simple moving average is $30.42 and its 200-day simple moving average is $33.10.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings data on Wednesday, August 12th. The semiconductor company reported ($0.13) EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $170.37 million during the quarter, compared to analyst estimates of $168.00 million. During the same period last year, the company posted $0.02 EPS. The business’s quarterly revenue was down 3.5% compared to the same quarter last year. On average, sell-side analysts predict that Alpha and Omega Semiconductor Limited will post -1.7 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on AOSL shares. Wall Street Zen cut Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research note on Saturday, July 25th. Needham & Company LLC dropped their price target on shares of Alpha and Omega Semiconductor from $50.00 to $45.00 and set a “buy” rating on the stock in a research report on Thursday, August 13th. B. Riley Financial cut their price target on shares of Alpha and Omega Semiconductor from $38.00 to $34.00 and set a “neutral” rating for the company in a report on Thursday, August 13th. Lake Street Capital initiated coverage on shares of Alpha and Omega Semiconductor in a research report on Thursday, June 25th. They set a “buy” rating and a $58.00 price objective for the company. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research note on Friday, July 17th. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Alpha and Omega Semiconductor has a consensus rating of “Hold” and an average price target of $41.50.

About Alpha and Omega Semiconductor

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.