JPMorgan Chase & Co. Grows Stock Holdings in Alpha and Omega Semiconductor Limited $AOSL

JPMorgan Chase & Co. raised its holdings in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 72.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 158,844 shares of the semiconductor company’s stock after purchasing an additional 66,723 shares during the quarter. JPMorgan Chase & Co.’s holdings in Alpha and Omega Semiconductor were worth $4,441,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. CWM LLC raised its position in shares of Alpha and Omega Semiconductor by 20.0% during the 3rd quarter. CWM LLC now owns 2,314 shares of the semiconductor company’s stock valued at $65,000 after buying an additional 386 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Alpha and Omega Semiconductor by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,167 shares of the semiconductor company’s stock worth $352,000 after acquiring an additional 624 shares in the last quarter. GAMMA Investing LLC grew its position in Alpha and Omega Semiconductor by 21.4% in the third quarter. GAMMA Investing LLC now owns 4,109 shares of the semiconductor company’s stock worth $115,000 after acquiring an additional 724 shares in the last quarter. Royal Bank of Canada increased its stake in Alpha and Omega Semiconductor by 7.4% during the first quarter. Royal Bank of Canada now owns 11,939 shares of the semiconductor company’s stock worth $297,000 after acquiring an additional 820 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its position in Alpha and Omega Semiconductor by 634.8% during the third quarter. Hantz Financial Services Inc. now owns 1,036 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 895 shares during the period. 78.97% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP Bing Xue sold 2,408 shares of Alpha and Omega Semiconductor stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $21.92, for a total value of $52,783.36. Following the completion of the sale, the executive vice president directly owned 113,631 shares in the company, valued at $2,490,791.52. The trade was a 2.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Mike F. Chang acquired 33,727 shares of the stock in a transaction that occurred on Monday, March 9th. The stock was acquired at an average cost of $19.00 per share, with a total value of $640,813.00. Following the completion of the purchase, the director owned 4,369,574 shares of the company’s stock, valued at $83,021,906. This trade represents a 0.78% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 16.70% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have recently commented on AOSL shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a report on Wednesday, January 21st. Zacks Research lowered Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 10th. Stifel Nicolaus dropped their price objective on shares of Alpha and Omega Semiconductor from $24.00 to $22.00 and set a “hold” rating for the company in a research note on Friday, February 6th. Finally, Wall Street Zen cut shares of Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a research report on Saturday, February 7th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Alpha and Omega Semiconductor has a consensus rating of “Reduce” and an average price target of $23.67.

Alpha and Omega Semiconductor Stock Performance

Alpha and Omega Semiconductor stock opened at $22.71 on Friday. The company has a market capitalization of $675.85 million, a PE ratio of -6.54 and a beta of 1.94. The company has a 50 day moving average price of $21.70 and a 200-day moving average price of $23.17. Alpha and Omega Semiconductor Limited has a fifty-two week low of $15.90 and a fifty-two week high of $33.01.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings data on Thursday, February 5th. The semiconductor company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.08). The firm had revenue of $162.26 million during the quarter, compared to the consensus estimate of $160.67 million. Alpha and Omega Semiconductor had a negative return on equity of 3.78% and a negative net margin of 15.06%.The firm’s revenue for the quarter was down 6.3% compared to the same quarter last year. During the same period last year, the company earned $0.09 EPS. On average, analysts forecast that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current year.

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.