Redwood Wealth Management Group LLC Makes New $548,000 Investment in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Redwood Wealth Management Group LLC acquired a new position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) during the 4th quarter, Holdings Channel.com reports. The fund acquired 14,737 shares of the semiconductor company’s stock, valued at approximately $548,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. BNP Paribas Financial Markets boosted its holdings in shares of Alpha and Omega Semiconductor by 4.9% in the third quarter. BNP Paribas Financial Markets now owns 10,853 shares of the semiconductor company’s stock valued at $403,000 after acquiring an additional 508 shares in the last quarter. Franklin Resources Inc. boosted its holdings in shares of Alpha and Omega Semiconductor by 9.0% in the third quarter. Franklin Resources Inc. now owns 13,276 shares of the semiconductor company’s stock valued at $510,000 after acquiring an additional 1,096 shares in the last quarter. Truvestments Capital LLC purchased a new stake in shares of Alpha and Omega Semiconductor in the third quarter valued at about $45,000. Wedge Capital Management L L P NC boosted its holdings in shares of Alpha and Omega Semiconductor by 2.8% in the third quarter. Wedge Capital Management L L P NC now owns 49,085 shares of the semiconductor company’s stock valued at $1,822,000 after acquiring an additional 1,348 shares in the last quarter. Finally, Hollencrest Capital Management purchased a new stake in shares of Alpha and Omega Semiconductor in the third quarter valued at about $56,000. 78.97% of the stock is owned by hedge funds and other institutional investors.

Alpha and Omega Semiconductor Trading Up 11.2 %

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 has a market capitalization of $1.25 billion, a P/E 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. The firm’s 50-day moving average is $40.37 and its two-hundred day moving average is $37.49.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of $181.89 million during the quarter, compared to analysts’ expectations of $180.07 million. During the same period last year, the company earned $0.30 EPS. The firm’s revenue for the quarter was up .7% on a year-over-year basis. On average, research analysts predict that Alpha and Omega Semiconductor Limited will post -0.67 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. StockNews.com raised shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Tuesday, December 24th. Stifel Nicolaus lowered 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 research report on Wednesday, November 6th. B. Riley lowered 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 research report on Tuesday, November 5th. Finally, Benchmark restated a “buy” rating and set a $40.00 target price on shares of Alpha and Omega Semiconductor in a research report on Wednesday, November 6th.

Insider Buying and Selling at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 875 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $41.00, for a total value of $35,875.00. Following the sale, the executive vice president now owns 128,986 shares of the company’s stock, valued at $5,288,426. This represents a 0.67 % 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. Also, Director Claudia Chen sold 5,623 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $51.27, for a total transaction of $288,291.21. Following the transaction, the director now directly owns 26,572 shares in the company, valued at $1,362,346.44. The trade was a 17.47 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 53,124 shares of company stock valued at $2,500,685 over the last quarter. Corporate insiders own 16.90% of the company’s stock.

Alpha and Omega Semiconductor Company 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.