Oberweis Asset Management Inc. Trims Position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Oberweis Asset Management Inc. cut its position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 13.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 177,700 shares of the semiconductor company's stock after selling 27,000 shares during the quarter. Oberweis Asset Management Inc. owned about 0.61% of Alpha and Omega Semiconductor worth $6,580,000 as of its most recent filing with the Securities & Exchange Commission.

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

Alpha and Omega Semiconductor Stock Down 3.0 %

AOSL traded down $0.58 during trading on Wednesday, hitting $18.52. 97,181 shares of the company's stock traded hands, compared to its average volume of 499,042. The stock has a market capitalization of $544.77 million, a price-to-earnings ratio of -23.15 and a beta of 2.48. The company's 50 day simple moving average is $23.98 and its two-hundred day simple moving average is $32.93. Alpha and Omega Semiconductor Limited has a 12-month low of $15.90 and a 12-month high of $53.29. 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 - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The semiconductor company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.08 by ($0.26). Alpha and Omega Semiconductor had a negative return on equity of 0.23% and a negative net margin of 3.46%. Analysts predict that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Stifel Nicolaus reduced their price objective on Alpha and Omega Semiconductor from $30.00 to $18.00 and set a "sell" rating for the company in a research report on Thursday, April 17th. Benchmark raised their price target on Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the company a "buy" rating in a report on Thursday, February 6th. Finally, StockNews.com upgraded shares of Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a research note on Friday, April 25th.

Alpha and Omega Semiconductor 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.