Acuitas Investments LLC Acquires 30,473 Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Acuitas Investments LLC raised its holdings in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 26.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 146,373 shares of the semiconductor company's stock after acquiring an additional 30,473 shares during the period. Alpha and Omega Semiconductor comprises 3.1% of Acuitas Investments LLC's holdings, making the stock its 11th biggest holding. Acuitas Investments LLC owned approximately 0.50% of Alpha and Omega Semiconductor worth $3,639,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. GAMMA Investing LLC lifted its stake in shares of Alpha and Omega Semiconductor by 4,741.1% in the 1st quarter. GAMMA Investing LLC now owns 30,354 shares of the semiconductor company's stock valued at $755,000 after acquiring an additional 29,727 shares during the last quarter. IFP Advisors Inc increased its holdings in Alpha and Omega Semiconductor by 276.8% in the 4th quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company's stock worth $28,000 after purchasing an additional 548 shares in the last quarter. Millennium Management LLC increased its holdings in Alpha and Omega Semiconductor by 2,741.6% in the 4th quarter. Millennium Management LLC now owns 256,712 shares of the semiconductor company's stock worth $9,506,000 after purchasing an additional 247,678 shares in the last quarter. Northern Trust Corp raised its position in Alpha and Omega Semiconductor by 9.3% in the fourth quarter. Northern Trust Corp now owns 261,446 shares of the semiconductor company's stock valued at $9,681,000 after purchasing an additional 22,294 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in Alpha and Omega Semiconductor by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 2,411,632 shares of the semiconductor company's stock valued at $89,303,000 after purchasing an additional 14,070 shares during the last quarter. Institutional investors own 78.97% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on AOSL. Stifel Nicolaus lowered 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 note on Thursday, April 17th. Wall Street Zen raised shares of Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a report on Sunday, May 11th. Finally, Benchmark decreased their price target on shares of Alpha and Omega Semiconductor from $42.00 to $32.00 and set a "buy" rating for the company in a research report on Friday, May 9th.

Alpha and Omega Semiconductor Trading Up 0.3%

AOSL traded up $0.10 during midday trading on Thursday, hitting $27.81. 104,447 shares of the company were exchanged, compared to its average volume of 514,909. The firm's 50 day moving average price is $22.88 and its 200-day moving average price is $28.45. Alpha and Omega Semiconductor Limited has a 1-year low of $15.90 and a 1-year high of $53.29. The firm has a market capitalization of $818.02 million, a P/E ratio of -35.65 and a beta of 2.11. The company has a quick ratio of 1.36, a current ratio of 2.57 and a debt-to-equity ratio of 0.02.

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) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.16) by $0.06. Alpha and Omega Semiconductor had a negative return on equity of 0.28% and a negative net margin of 3.33%. The company had revenue of $164.60 million during the quarter, compared to the consensus estimate of $157.23 million. During the same period last year, the company earned ($0.04) earnings per share. The firm's revenue was up 9.7% compared to the same quarter last year. As a group, equities analysts forecast that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current fiscal year.

Insider Transactions at Alpha and Omega Semiconductor

In other news, EVP Bing Xue sold 1,845 shares of the company's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $23.73, for a total value of $43,781.85. Following the sale, the executive vice president directly owned 130,951 shares of the company's stock, valued at approximately $3,107,467.23. This represents a 1.39% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 16.90% of the company's stock.

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.