Jacobs Levy Equity Management Inc. Reduces Stock Position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Jacobs Levy Equity Management Inc. lowered its holdings in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 52.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 70,178 shares of the semiconductor company's stock after selling 77,205 shares during the quarter. Jacobs Levy Equity Management Inc. owned 0.24% of Alpha and Omega Semiconductor worth $2,599,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. IFP Advisors Inc increased its stake in Alpha and Omega Semiconductor by 276.8% during the fourth quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company's stock worth $28,000 after acquiring an additional 548 shares during the last quarter. Sterling Capital Management LLC increased its position in shares of 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 valued at $28,000 after purchasing an additional 673 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings 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 valued at $34,000 after buying an additional 291 shares during the period. Larson Financial Group LLC bought a new stake in Alpha and Omega Semiconductor in the fourth quarter worth $38,000. Finally, CIBC Private Wealth Group LLC bought a new stake in Alpha and Omega Semiconductor in the fourth quarter worth $39,000. Institutional investors own 78.97% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on AOSL shares. Benchmark reduced their target price on shares of Alpha and Omega Semiconductor from $42.00 to $32.00 and set a "buy" rating on the stock in a research note on Friday, May 9th. Stifel Nicolaus cut their price target 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. Finally, StockNews.com raised shares of Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a research note on Sunday, May 11th.

Insider Transactions at Alpha and Omega Semiconductor

In related news, EVP Bing Xue sold 1,845 shares of the business's stock in a transaction on Monday, May 12th. The stock was 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 in the company, valued at $3,107,467.23. The trade was a 1.39% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 16.90% of the company's stock.

Alpha and Omega Semiconductor Stock Down 2.3%

Shares of AOSL stock traded down $0.53 during mid-day trading on Monday, hitting $22.61. The stock had a trading volume of 280,304 shares, compared to its average volume of 510,014. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.72 and a quick ratio of 1.50. The firm's 50-day moving average is $22.02 and its two-hundred day moving average is $31.57. The firm has a market capitalization of $665.07 million, a P/E ratio of -28.26 and a beta of 2.02. Alpha and Omega Semiconductor Limited has a 12-month low of $15.90 and a 12-month high of $53.29.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The semiconductor company reported ($0.10) EPS for the quarter, topping analysts' consensus estimates of ($0.16) by $0.06. The company had revenue of $164.60 million during 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%. Alpha and Omega Semiconductor's revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.04) earnings per share. On average, analysts predict that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current fiscal year.

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.