GAMMA Investing LLC Grows Stock Holdings in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

GAMMA Investing LLC raised its position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 4,741.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 30,354 shares of the semiconductor company's stock after purchasing an additional 29,727 shares during the quarter. GAMMA Investing LLC owned 0.10% of Alpha and Omega Semiconductor worth $755,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. IFP Advisors Inc grew its stake in Alpha and Omega Semiconductor by 276.8% during the 4th quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company's stock valued at $28,000 after purchasing an additional 548 shares during the last quarter. Sterling Capital Management LLC boosted its stake in shares of Alpha and Omega Semiconductor by 820.7% in the fourth quarter. Sterling Capital Management LLC now owns 755 shares of the semiconductor company's stock worth $28,000 after buying an additional 673 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Alpha and Omega Semiconductor by 47.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 908 shares of the semiconductor company's stock worth $34,000 after buying an additional 291 shares during the last quarter. CIBC Private Wealth Group LLC purchased a new stake in shares of Alpha and Omega Semiconductor in the fourth quarter worth about $39,000. Finally, Larson Financial Group LLC purchased a new stake in shares of Alpha and Omega Semiconductor in the fourth quarter worth about $38,000. Hedge funds and other institutional investors own 78.97% of the company's stock.

Insider Buying and Selling

In related news, EVP Bing Xue sold 1,845 shares of the stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $23.73, for a total value of $43,781.85. Following the completion of the transaction, the executive vice president now directly owns 130,951 shares in the company, valued at approximately $3,107,467.23. This represents a 1.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 16.90% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages have recently commented on AOSL. Stifel Nicolaus lowered their target price on Alpha and Omega Semiconductor from $30.00 to $18.00 and set a "sell" rating on the stock in a research note on Thursday, April 17th. Wall Street Zen upgraded Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a research note on Sunday, May 11th. Finally, Benchmark lowered their target price on 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 Price Performance

Shares of NASDAQ:AOSL traded down $0.28 during midday trading on Friday, hitting $24.12. The company had a trading volume of 629,696 shares, compared to its average volume of 523,025. 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 debt-to-equity ratio of 0.02, a current ratio of 2.57 and a quick ratio of 1.36. The stock has a market cap of $709.61 million, a price-to-earnings ratio of -30.92 and a beta of 2.08. The business's 50-day simple moving average is $21.40 and its 200-day simple moving average is $29.63.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The semiconductor company reported ($0.10) EPS for the quarter, beating the consensus estimate 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 firm had revenue of $164.60 million during the quarter, compared to analysts' expectations of $157.23 million. During the same quarter last year, the firm earned ($0.04) earnings per share. The business's revenue for the quarter was up 9.7% on a year-over-year basis. On average, research analysts predict that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current year.

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.