GAMMA Investing LLC Has $755,000 Stock Position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

GAMMA Investing LLC grew its holdings in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 4,741.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 30,354 shares of the semiconductor company's stock after purchasing an additional 29,727 shares during the period. GAMMA Investing LLC owned about 0.10% of Alpha and Omega Semiconductor worth $755,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of Alpha and Omega Semiconductor by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 2,411,632 shares of the semiconductor company's stock valued at $89,303,000 after buying an additional 14,070 shares during the last quarter. Hood River Capital Management LLC bought a new position in shares of Alpha and Omega Semiconductor in the 4th quarter valued at about $42,162,000. Wellington Management Group LLP raised its holdings in shares of Alpha and Omega Semiconductor by 12.4% in the 4th quarter. Wellington Management Group LLP now owns 633,345 shares of the semiconductor company's stock valued at $23,453,000 after purchasing an additional 70,100 shares during the period. Geode Capital Management LLC lifted its stake in Alpha and Omega Semiconductor by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 580,556 shares of the semiconductor company's stock valued at $21,503,000 after purchasing an additional 1,851 shares during the last quarter. Finally, Driehaus Capital Management LLC acquired a new position in Alpha and Omega Semiconductor during the fourth quarter worth approximately $11,612,000. 78.97% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on AOSL shares. Stifel Nicolaus decreased their target price on Alpha and Omega Semiconductor from $30.00 to $18.00 and set a "sell" rating on the stock in a report on Thursday, April 17th. Wall Street Zen upgraded shares of Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a research note 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 on the stock in a research note on Friday, May 9th.

Alpha and Omega Semiconductor Stock Performance

Shares of AOSL traded up $0.60 during midday trading on Wednesday, reaching $24.40. 224,742 shares of the stock were exchanged, compared to its average volume of 549,052. The stock's 50 day simple moving average is $21.17 and its 200 day simple moving average is $30.08. The company has a market cap of $717.85 million, a P/E ratio of -31.28 and a beta of 2.08. Alpha and Omega Semiconductor Limited has a twelve month low of $15.90 and a twelve month high of $53.29. 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 posted its quarterly earnings data on Wednesday, May 7th. The semiconductor company reported ($0.10) EPS for the quarter, topping analysts' consensus estimates of ($0.16) by $0.06. The firm had revenue of $164.60 million for the quarter, compared to analyst estimates of $157.23 million. Alpha and Omega Semiconductor had a negative return on equity of 0.28% and a negative net margin of 3.33%. The company's revenue was up 9.7% on a year-over-year basis. During the same quarter last year, the company earned ($0.04) EPS. On average, sell-side analysts expect that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current year.

Insider Buying and Selling at Alpha and Omega Semiconductor

In other news, EVP Bing Xue sold 1,845 shares of the business's stock in a transaction on Monday, May 12th. The stock was sold at an average price of $23.73, for a total transaction of $43,781.85. Following the completion of the transaction, the executive vice president now owns 130,951 shares of the company's stock, valued at approximately $3,107,467.23. The trade was a 1.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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.