17,597 Shares in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Acquired by LMR Partners LLP

LMR Partners LLP bought a new position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) during the 4th quarter, HoldingsChannel.com reports. The fund bought 17,597 shares of the semiconductor company’s stock, valued at approximately $652,000.

Several other large investors have also recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. increased its stake in Alpha and Omega Semiconductor by 47.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 908 shares of the semiconductor company’s stock worth $34,000 after buying an additional 291 shares during the period. IFP Advisors Inc increased its stake in Alpha and Omega Semiconductor by 276.8% during the 4th quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company’s stock worth $28,000 after buying an additional 548 shares during the period. Sterling Capital Management LLC increased its stake in Alpha and Omega Semiconductor by 820.7% during the 4th quarter. Sterling Capital Management LLC now owns 755 shares of the semiconductor company’s stock worth $28,000 after buying an additional 673 shares during the period. CIBC Private Wealth Group LLC purchased a new stake in shares of Alpha and Omega Semiconductor in the 4th quarter valued at approximately $39,000. Finally, Larson Financial Group LLC acquired a new stake in shares of Alpha and Omega Semiconductor in the 4th quarter valued at $38,000. 78.97% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 1,845 shares of the firm’s stock in a transaction on Monday, May 12th. The shares were sold at an average price of $23.73, for a total transaction of $43,781.85. Following the transaction, the executive vice president now directly owns 130,951 shares of the company’s stock, valued at approximately $3,107,467.23. This trade represents a 1.39% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 16.90% of the company’s stock.

Alpha and Omega Semiconductor Price Performance

Shares of AOSL opened at $24.79 on Wednesday. Alpha and Omega Semiconductor Limited has a twelve month low of $15.90 and a twelve month high of $53.29. The firm’s fifty day simple moving average is $22.18 and its 200-day simple moving average is $31.84. The firm has a market capitalization of $729.20 million, a price-to-earnings ratio of -30.99 and a beta of 2.02. The company has a current ratio of 2.72, a quick ratio of 1.50 and a debt-to-equity ratio of 0.03.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its earnings results on Wednesday, May 7th. The semiconductor company reported ($0.10) EPS for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.06. The firm had revenue of $164.60 million for the quarter, compared to the consensus estimate of $157.23 million. Alpha and Omega Semiconductor had a negative net margin of 3.46% and a negative return on equity of 0.23%. The company’s revenue was up 9.7% on a year-over-year basis. During the same period last year, the firm posted ($0.04) EPS. Equities analysts forecast that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Benchmark reduced their price objective on shares of Alpha and Omega Semiconductor from $42.00 to $32.00 and set a “buy” rating on the stock in a report on Friday, May 9th. StockNews.com upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Sunday. Finally, Stifel Nicolaus reduced their price objective on shares of Alpha and Omega Semiconductor from $30.00 to $18.00 and set a “sell” rating on the stock in a report on Thursday, April 17th.

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.