Boothbay Fund Management LLC Purchases Shares of 104,467 Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Boothbay Fund Management LLC acquired a new position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 104,467 shares of the semiconductor company's stock, valued at approximately $3,868,000. Boothbay Fund Management LLC owned approximately 0.36% of Alpha and Omega Semiconductor at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Barclays PLC increased its position in shares of Alpha and Omega Semiconductor by 367.4% in the third quarter. Barclays PLC now owns 40,359 shares of the semiconductor company's stock valued at $1,498,000 after buying an additional 31,725 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Alpha and Omega Semiconductor by 5.7% in the 3rd quarter. Geode Capital Management LLC now owns 578,705 shares of the semiconductor company's stock valued at $21,486,000 after purchasing an additional 31,286 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of Alpha and Omega Semiconductor by 9.0% during the 3rd quarter. Franklin Resources Inc. now owns 13,276 shares of the semiconductor company's stock valued at $510,000 after acquiring an additional 1,096 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Alpha and Omega Semiconductor by 42.5% in the third quarter. JPMorgan Chase & Co. now owns 36,608 shares of the semiconductor company's stock worth $1,359,000 after buying an additional 10,921 shares during the period. Finally, Redwood Wealth Management Group LLC acquired a new position in shares of Alpha and Omega Semiconductor during the fourth quarter worth $548,000. 78.97% of the stock is owned by hedge funds and other institutional investors.

Alpha and Omega Semiconductor Trading Up 7.4 %

Shares of NASDAQ:AOSL traded up $1.43 during trading on Friday, hitting $20.84. 166,724 shares of the company's stock were exchanged, compared to its average volume of 500,909. The firm has a 50-day moving average price of $23.43 and a two-hundred day moving average price of $32.70. The firm has a market cap of $613.07 million, a P/E ratio of -26.10 and a beta of 2.48. 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 Limited has a 1-year low of $15.90 and a 1-year high of $53.29.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The semiconductor company reported ($0.18) earnings per share (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%. Equities analysts predict that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current year.

Analyst Ratings Changes

AOSL has been the subject of a number of research reports. Benchmark lifted their price objective on shares of Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the stock a "buy" rating in a report on Thursday, February 6th. Stifel Nicolaus dropped their target price on 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 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.