Boston Partners Purchases 574,172 Shares of Alpha and Omega Semiconductor Limited $AOSL

Key Points

• Boston Partners significantly increased its stake in Alpha and Omega Semiconductor by 2,738.7% during the first quarter, acquiring a total of 595,137 shares valued at approximately $14.8 million.
• The company's stock recently opened at $26.50, with a market cap of $779.63 million, and has fluctuated between a 12-month low of $15.90 and a high of $53.29.
• Alpha and Omega Semiconductor reported a quarterly revenue increase of 9.4% year-over-year, with an earnings per share (EPS) of $0.02, exceeding analysts' expectations.

Boston Partners lifted its holdings in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 2,738.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 595,137 shares of the semiconductor company's stock after buying an additional 574,172 shares during the period. Boston Partners owned about 2.02% of Alpha and Omega Semiconductor worth $14,782,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Sterling Capital Management LLC boosted its stake in shares of Alpha and Omega Semiconductor by 820.7% during the 4th quarter. Sterling Capital Management LLC now owns 755 shares of the semiconductor company's stock worth $28,000 after purchasing an additional 673 shares during the period. GAMMA Investing LLC boosted its position in Alpha and Omega Semiconductor by 94.7% in the 1st quarter. GAMMA Investing LLC now owns 1,221 shares of the semiconductor company's stock valued at $30,000 after buying an additional 594 shares during the period. Larson Financial Group LLC boosted its position in Alpha and Omega Semiconductor by 117.7% in the 1st quarter. Larson Financial Group LLC now owns 2,221 shares of the semiconductor company's stock valued at $55,000 after buying an additional 1,201 shares during the period. ProShare Advisors LLC purchased a new stake in Alpha and Omega Semiconductor in the 4th quarter valued at about $266,000. Finally, Pacific Point Advisors LLC purchased a new stake in Alpha and Omega Semiconductor in the 4th quarter valued at about $296,000. 78.97% of the stock is owned by hedge funds and other institutional investors.

Alpha and Omega Semiconductor Stock Down 2.7%

Shares of AOSL traded down $0.7250 during mid-day trading on Wednesday, hitting $25.6750. The company's stock had a trading volume of 103,691 shares, compared to its average volume of 464,463. The company's 50-day moving average is $26.40 and its 200-day moving average is $25.73. Alpha and Omega Semiconductor Limited has a 52-week low of $15.90 and a 52-week high of $53.29. The firm has a market capitalization of $755.36 million, a price-to-earnings ratio of -7.85 and a beta of 2.14. The company has a current ratio of 2.58, a quick ratio of 1.34 and a debt-to-equity ratio of 0.02.

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

Wall Street Analysts Forecast Growth

Several research firms have issued reports on AOSL. Benchmark lowered their price objective 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. Wall Street Zen raised shares of Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a research report on Sunday, May 11th. Stifel Nicolaus raised shares of Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating and boosted their price objective for the company from $18.00 to $25.00 in a research report on Tuesday, July 15th. Finally, B. Riley upped their price target on shares of Alpha and Omega Semiconductor from $30.00 to $35.00 and gave the stock a "buy" rating in a research report on Friday, July 11th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $30.67.

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.