UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 11,398 Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 20.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 67,547 shares of the semiconductor company's stock after purchasing an additional 11,398 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.23% of Alpha and Omega Semiconductor worth $2,501,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. increased its holdings 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 purchasing an additional 291 shares during the period. IFP Advisors Inc boosted its stake in Alpha and Omega Semiconductor by 276.8% during the fourth quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company's stock valued at $28,000 after buying an additional 548 shares during the period. Sterling Capital Management LLC grew its position in Alpha and Omega Semiconductor by 820.7% during 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Alpha and Omega Semiconductor by 6.4% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,543 shares of the semiconductor company's stock worth $501,000 after acquiring an additional 818 shares during the last quarter. Finally, CIBC Private Wealth Group LLC bought a new position in Alpha and Omega Semiconductor in the 4th quarter worth about $39,000. Hedge funds and other institutional investors own 78.97% of the company's stock.

Insider Activity at Alpha and Omega Semiconductor

In other news, EVP Bing Xue sold 1,845 shares of the stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $23.73, for a total transaction of $43,781.85. Following the completion of the sale, 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 16.90% of the stock is owned by insiders.

Alpha and Omega Semiconductor Price Performance

Shares of NASDAQ AOSL traded up $0.48 during trading hours on Tuesday, reaching $24.99. 314,760 shares of the stock traded hands, compared to its average volume of 524,004. The company's 50-day simple moving average is $20.60 and its two-hundred day simple moving average is $30.63. The company has a market capitalization of $735.08 million, a P/E ratio of -31.24 and a beta of 2.08. Alpha and Omega Semiconductor Limited has a 52-week low of $15.90 and a 52-week high of $53.29. The company has a quick ratio of 1.50, a current ratio of 2.72 and a debt-to-equity ratio of 0.03.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last issued its quarterly 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. The business had revenue of $164.60 million for the quarter, compared to analysts' expectations of $157.23 million. Alpha and Omega Semiconductor had a negative net margin of 3.46% and a negative return on equity of 0.23%. The business's quarterly revenue was up 9.7% on a year-over-year basis. During the same period last year, the business earned ($0.04) earnings per share. Equities research analysts forecast that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on AOSL shares. Stifel Nicolaus decreased their price objective on shares of Alpha and Omega Semiconductor from $30.00 to $18.00 and set a "sell" rating on the stock in a research report on Thursday, April 17th. Wall Street Zen raised shares of Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a report on Sunday, May 11th. Finally, Benchmark dropped 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 report on Friday, May 9th.

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.