Jump Financial LLC Buys New Stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Jump Financial LLC bought a new stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) during the second quarter, Holdings Channel reports. The firm bought 29,900 shares of the semiconductor company’s stock, valued at approximately $909,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of AOSL. FMR LLC grew its position in Alpha and Omega Semiconductor by 38.5% in the 1st quarter. FMR LLC now owns 1,358,300 shares of the semiconductor company’s stock worth $15,634,000 after purchasing an additional 377,800 shares during the last quarter. BlackRock Inc. grew its position in Alpha and Omega Semiconductor by 9.2% in the 1st quarter. BlackRock Inc. now owns 1,575,541 shares of the semiconductor company’s stock worth $51,521,000 after purchasing an additional 132,333 shares during the last quarter. State Board of Administration of Florida Retirement System acquired a new stake in Alpha and Omega Semiconductor in the 1st quarter worth $337,000. UBS Group AG grew its position in Alpha and Omega Semiconductor by 482.7% in the 1st quarter. UBS Group AG now owns 71,517 shares of the semiconductor company’s stock worth $2,339,000 after purchasing an additional 59,243 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in Alpha and Omega Semiconductor by 25.9% in the 1st quarter. JPMorgan Chase & Co. now owns 368,867 shares of the semiconductor company’s stock worth $12,063,000 after purchasing an additional 75,821 shares during the last quarter. Institutional investors own 58.21% of the company’s stock.

In related news, EVP Bing Xue sold 1,989 shares of Alpha and Omega Semiconductor stock in a transaction dated Tuesday, August 10th. The shares were sold at an average price of $26.75, for a total transaction of $53,205.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 4,973 shares of company stock valued at $142,905 over the last three months. 21.60% of the stock is currently owned by insiders.

Several analysts have recently weighed in on the stock. Benchmark assumed coverage on shares of Alpha and Omega Semiconductor in a research report on Thursday, September 23rd. They set a “buy” rating and a $55.00 target price on the stock. Zacks Investment Research lowered shares of Alpha and Omega Semiconductor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. One research analyst has rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $45.25.

Shares of Alpha and Omega Semiconductor stock opened at $30.46 on Thursday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.08 and a current ratio of 1.75. The firm’s 50-day simple moving average is $28.79 and its 200-day simple moving average is $29.45. Alpha and Omega Semiconductor Limited has a twelve month low of $15.23 and a twelve month high of $43.00. The firm has a market cap of $802.71 million, a P/E ratio of 14.37 and a beta of 2.66.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings results on Tuesday, August 10th. The semiconductor company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.20. Alpha and Omega Semiconductor had a net margin of 8.85% and a return on equity of 13.55%. The firm had revenue of $177.31 million during the quarter, compared to the consensus estimate of $170.00 million. On average, equities analysts forecast that Alpha and Omega Semiconductor Limited will post 2.75 earnings per share for the current fiscal year.

Alpha and Omega Semiconductor Profile

Alpha & Omega Semiconductor Ltd. designs, develops and supplies power semiconductor products. Its products include analog switches, insulated-gate bipolar transistors, metal-oxide-semiconductor field-effect transistors, power integrated circuits, and transient voltage suppressors. The firm operates through the following geographical segments: Hong Kong, China, South Korea, United States, and Other Countries.

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Institutional Ownership by Quarter for Alpha and Omega Semiconductor (NASDAQ:AOSL)

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