Deutsche Bank AG Increases Position in Alpha and Omega Semiconductor Limited $AOSL

Key Points

• Deutsche Bank AG increased its stake in Alpha and Omega Semiconductor by 125.5% in Q1, owning 47,342 shares worth approximately $1.18 million.
• Research analysts have recently altered their ratings on Alpha and Omega Semiconductor, with a shift towards a consensus rating of "Moderate Buy" and a target price of $30.67.
• Alpha and Omega's quarterly revenue saw a 9.4% increase year-over-year, reporting $176.50 million, and exceeding analysts' expectations.

Deutsche Bank AG grew its position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 125.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 47,342 shares of the semiconductor company's stock after acquiring an additional 26,349 shares during the quarter. Deutsche Bank AG owned about 0.16% of Alpha and Omega Semiconductor worth $1,177,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in AOSL. Charles Schwab Investment Management Inc. raised its stake in Alpha and Omega Semiconductor by 7.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 241,749 shares of the semiconductor company's stock valued at $6,010,000 after purchasing an additional 16,940 shares during the last quarter. Victory Capital Management Inc. raised its position in shares of Alpha and Omega Semiconductor by 175.5% in the first quarter. Victory Capital Management Inc. now owns 50,246 shares of the semiconductor company's stock valued at $1,249,000 after buying an additional 32,009 shares during the last quarter. Larson Financial Group LLC raised its position in shares of Alpha and Omega Semiconductor by 117.7% in the first 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 last quarter. Robeco Schweiz AG purchased a new position in shares of Alpha and Omega Semiconductor in the first quarter worth about $19,434,000. Finally, Pacific Point Advisors LLC boosted its position in Alpha and Omega Semiconductor by 87.5% during the first quarter. Pacific Point Advisors LLC now owns 15,000 shares of the semiconductor company's stock worth $373,000 after acquiring an additional 7,000 shares during the last quarter. 78.97% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on AOSL shares. Wall Street Zen raised Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a report on Sunday, May 11th. Benchmark cut their target price on Alpha and Omega Semiconductor from $42.00 to $32.00 and set a "buy" rating for the company in a research note on Friday, May 9th. B. Riley boosted their price target on shares of Alpha and Omega Semiconductor from $30.00 to $35.00 and gave the company a "buy" rating in a research report on Friday, July 11th. Finally, Stifel Nicolaus raised shares of Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating and upped their price objective for the company from $18.00 to $25.00 in a report on Tuesday, July 15th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $30.67.

Alpha and Omega Semiconductor Trading Down 3.8%

Alpha and Omega Semiconductor stock traded down $1.15 during trading on Friday, hitting $28.77. The company had a trading volume of 230,128 shares, compared to its average volume of 232,311. 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 current ratio of 2.58, a quick ratio of 1.34 and a debt-to-equity ratio of 0.02. The company's 50 day simple moving average is $27.09 and its 200-day simple moving average is $25.19. The stock has a market cap of $846.41 million, a price-to-earnings ratio of -8.80 and a beta of 2.14.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last released its earnings results on Wednesday, August 6th. The semiconductor company reported $0.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.01) by $0.03. The company had revenue of $176.50 million for the quarter, compared to analyst estimates 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 firm's quarterly revenue was up 9.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.09 EPS. As a group, analysts expect that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current fiscal year.

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.