104,467 Shares in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Acquired by Boothbay Fund Management LLC

Boothbay Fund Management LLC acquired a new position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 104,467 shares of the semiconductor company's stock, valued at approximately $3,868,000. Boothbay Fund Management LLC owned 0.36% of Alpha and Omega Semiconductor as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of AOSL. PNC Financial Services Group Inc. grew its stake in shares of Alpha and Omega Semiconductor by 47.2% in the 4th 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 last quarter. IFP Advisors Inc lifted its stake in Alpha and Omega Semiconductor by 276.8% in the fourth quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company's stock valued at $28,000 after acquiring an additional 548 shares during the last quarter. Sterling Capital Management LLC lifted its stake in Alpha and Omega Semiconductor by 820.7% in the fourth quarter. Sterling Capital Management LLC now owns 755 shares of the semiconductor company's stock valued at $28,000 after acquiring an additional 673 shares during the last quarter. CIBC Private Wealth Group LLC bought a new position in Alpha and Omega Semiconductor in the 4th quarter worth $39,000. Finally, Larson Financial Group LLC acquired a new stake in shares of Alpha and Omega Semiconductor in the fourth quarter valued at about $38,000. 78.97% of the stock is currently owned by institutional investors.

Alpha and Omega Semiconductor Price Performance

AOSL traded down $0.27 during midday trading on Wednesday, reaching $18.83. 315,294 shares of the company's stock were exchanged, compared to its average volume of 501,464. Alpha and Omega Semiconductor Limited has a one year low of $15.90 and a one year high of $53.29. The business has a 50-day simple moving average of $23.98 and a two-hundred day simple moving average of $32.93. The company has a quick ratio of 1.50, a current ratio of 2.72 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $553.88 million, a price-to-earnings ratio of -23.54 and a beta of 2.48.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last posted its earnings results on Wednesday, February 5th. The semiconductor company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.08 by ($0.26). Alpha and Omega Semiconductor had a negative net margin of 3.46% and a negative return on equity of 0.23%. As a group, research analysts predict that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current year.

Wall Street Analysts Forecast Growth

AOSL has been the topic of several research analyst reports. 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 research report on Thursday, February 6th. Stifel Nicolaus decreased their target price on Alpha and Omega Semiconductor from $30.00 to $18.00 and set a "sell" rating on the stock in a research report on Thursday, April 17th. Finally, StockNews.com raised Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a research report on Friday, April 25th.

About Alpha and Omega Semiconductor

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.