Charles Schwab Investment Management Inc. Boosts Stock Position in Alpha and Omega Semiconductor Limited $AOSL

Key Points

• Charles Schwab Investment Management Inc. increased its stake in Alpha and Omega Semiconductor Limited by 7.5%, now owning approximately 241,749 shares valued at $6,010,000.
• Other institutional investors have also made significant investments, with Millennium Management LLC increasing its position by 2,741.6% during the 4th quarter.
• Alpha and Omega Semiconductor reported an earnings per share (EPS) of $0.02, exceeding expectations and showing a revenue increase of 9.4% compared to the previous year.

Charles Schwab Investment Management Inc. increased its stake in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 7.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 241,749 shares of the semiconductor company's stock after purchasing an additional 16,940 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.82% of Alpha and Omega Semiconductor worth $6,010,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Wells Fargo & Company MN lifted its holdings in Alpha and Omega Semiconductor by 128.2% during the 4th quarter. Wells Fargo & Company MN now owns 27,921 shares of the semiconductor company's stock worth $1,034,000 after buying an additional 15,688 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Alpha and Omega Semiconductor during the 4th quarter worth about $922,000. Barclays PLC lifted its holdings in Alpha and Omega Semiconductor by 73.9% during the 4th quarter. Barclays PLC now owns 70,179 shares of the semiconductor company's stock worth $2,599,000 after buying an additional 29,820 shares during the last quarter. First Trust Advisors LP purchased a new stake in Alpha and Omega Semiconductor during the 4th quarter worth about $613,000. Finally, MetLife Investment Management LLC lifted its holdings in Alpha and Omega Semiconductor by 8.2% during the 4th quarter. MetLife Investment Management LLC now owns 14,605 shares of the semiconductor company's stock worth $541,000 after buying an additional 1,101 shares during the last quarter. 78.97% of the stock is owned by institutional investors and hedge funds.

Alpha and Omega Semiconductor Stock Performance

Shares of Alpha and Omega Semiconductor stock traded down $0.51 on Tuesday, hitting $28.26. The stock had a trading volume of 197,786 shares, compared to its average volume of 218,974. Alpha and Omega Semiconductor Limited has a 52-week low of $15.90 and a 52-week high of $53.29. The company has a current ratio of 2.56, a quick ratio of 1.34 and a debt-to-equity ratio of 0.02. The stock has a market cap of $848.08 million, a price-to-earnings ratio of -8.64 and a beta of 2.11. The company's 50 day moving average price is $27.24 and its 200 day moving average price is $25.04.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last posted its earnings results on Wednesday, August 6th. The semiconductor company reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.01) by $0.03. The business had revenue of $176.50 million during the quarter, compared to the consensus estimate of $170.03 million. Alpha and Omega Semiconductor had a negative return on equity of 0.83% and a negative net margin of 13.93%.The business's quarterly revenue was up 9.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.09 EPS. On average, research analysts anticipate that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. B. Riley lifted their price target on Alpha and Omega Semiconductor from $30.00 to $35.00 and gave the stock a "buy" rating in a report on Friday, July 11th. Wall Street Zen raised Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a report on Sunday, May 11th. Benchmark decreased their price target on Alpha and Omega Semiconductor from $42.00 to $32.00 and set a "buy" rating for the company in a report on Friday, May 9th. Finally, Stifel Nicolaus raised Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating and lifted their price target for the stock from $18.00 to $25.00 in a report on Tuesday, July 15th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $30.67.

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.