Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Shares Purchased by Two Sigma Investments LP

Two Sigma Investments LP boosted its holdings in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 171.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 125,095 shares of the semiconductor company's stock after acquiring an additional 78,992 shares during the period. Two Sigma Investments LP owned 0.43% of Alpha and Omega Semiconductor worth $4,632,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. ProShare Advisors LLC acquired a new stake in shares of Alpha and Omega Semiconductor in the fourth quarter valued at approximately $266,000. Millennium Management LLC grew its holdings in Alpha and Omega Semiconductor by 2,741.6% during the 4th quarter. Millennium Management LLC now owns 256,712 shares of the semiconductor company's stock valued at $9,506,000 after buying an additional 247,678 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Alpha and Omega Semiconductor by 6.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,543 shares of the semiconductor company's stock valued at $501,000 after buying an additional 818 shares during the last quarter. LMR Partners LLP acquired a new position in shares of Alpha and Omega Semiconductor in the fourth quarter worth $652,000. Finally, Ellevest Inc. raised its holdings in shares of Alpha and Omega Semiconductor by 9.1% in the fourth quarter. Ellevest Inc. now owns 13,894 shares of the semiconductor company's stock worth $514,000 after acquiring an additional 1,159 shares during the last quarter. 78.97% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Bing Xue sold 1,845 shares of the business's stock in a transaction on Monday, May 12th. The shares were sold at an average price of $23.73, for a total transaction of $43,781.85. Following the transaction, the executive vice president now directly 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 16.90% of the stock is currently owned by insiders.

Alpha and Omega Semiconductor Trading Down 1.5%

AOSL stock traded down $0.33 during midday trading on Friday, reaching $21.05. 445,730 shares of the company's stock traded hands, compared to its average volume of 518,114. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.72 and a quick ratio of 1.50. Alpha and Omega Semiconductor Limited has a fifty-two week low of $15.90 and a fifty-two week high of $53.29. The business has a 50-day moving average price of $20.95 and a two-hundred day moving average price of $31.06. The company has a market capitalization of $619.19 million, a P/E ratio of -26.31 and a beta of 2.02.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last issued its earnings results on Wednesday, May 7th. The semiconductor company reported ($0.10) EPS for the quarter, beating analysts' consensus estimates of ($0.16) by $0.06. Alpha and Omega Semiconductor had a negative net margin of 3.46% and a negative return on equity of 0.23%. The business had revenue of $164.60 million for the quarter, compared to the consensus estimate of $157.23 million. During the same quarter last year, the firm posted ($0.04) EPS. The business's revenue for the quarter was up 9.7% compared to the same quarter last year. Equities research analysts forecast that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Wall Street Zen upgraded Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a research report on Sunday, May 11th. Stifel Nicolaus decreased their price target on shares of 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. Finally, Benchmark cut 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.

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.