14,183 Shares in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Bought by Ethic Inc.

Ethic Inc. acquired a new stake in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 14,183 shares of the semiconductor company's stock, valued at approximately $525,000.

Other large investors also recently bought and sold shares of the company. Hood River Capital Management LLC purchased a new stake in shares of Alpha and Omega Semiconductor during the 4th quarter valued at about $42,162,000. Driehaus Capital Management LLC bought a new position in Alpha and Omega Semiconductor during the fourth quarter valued at approximately $11,612,000. CloudAlpha Capital Management Limited Hong Kong purchased a new stake in Alpha and Omega Semiconductor in the fourth quarter worth approximately $8,014,000. Boothbay Fund Management LLC bought a new stake in Alpha and Omega Semiconductor in the 4th quarter worth approximately $3,868,000. Finally, Renaissance Technologies LLC grew its position in Alpha and Omega Semiconductor by 162.3% in the 4th quarter. Renaissance Technologies LLC now owns 132,200 shares of the semiconductor company's stock worth $4,895,000 after purchasing an additional 81,800 shares during the period. 78.97% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

AOSL has been the topic of a number of research reports. StockNews.com upgraded Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a research note on Sunday, May 11th. Benchmark lowered their target price on 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. Finally, Stifel Nicolaus cut their price target on Alpha and Omega Semiconductor from $30.00 to $18.00 and set a "sell" rating for the company in a research note on Thursday, April 17th.

Insiders Place Their Bets

In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 1,845 shares of the firm's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $23.73, for a total transaction of $43,781.85. Following the sale, the executive vice president now directly owns 130,951 shares of the company's stock, valued at $3,107,467.23. This trade represents a 1.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 16.90% of the stock is owned by company insiders.

Alpha and Omega Semiconductor Stock Performance

Shares of Alpha and Omega Semiconductor stock traded down $0.37 on Wednesday, hitting $22.14. 42,699 shares of the company's stock were exchanged, compared to its average volume of 508,465. Alpha and Omega Semiconductor Limited has a 1 year low of $15.90 and a 1 year high of $53.29. The company has a 50-day simple moving average of $21.89 and a 200-day simple moving average of $31.43. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.50 and a current ratio of 2.72. The stock has a market capitalization of $651.37 million, a PE ratio of -27.71 and a beta of 2.02.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last released its earnings results on Wednesday, May 7th. The semiconductor company reported ($0.10) earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.06. Alpha and Omega Semiconductor had a negative return on equity of 0.23% and a negative net margin of 3.46%. The company had revenue of $164.60 million for the quarter, compared to the consensus estimate of $157.23 million. During the same period in the previous year, the business earned ($0.04) earnings per share. Alpha and Omega Semiconductor's quarterly revenue was up 9.7% compared to the same quarter last year. As a group, equities analysts anticipate that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current year.

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.