Invesco Ltd. Has $5.52 Million Stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Invesco Ltd. reduced its holdings in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 80.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 149,173 shares of the semiconductor company's stock after selling 610,187 shares during the period. Invesco Ltd. owned about 0.51% of Alpha and Omega Semiconductor worth $5,524,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in Alpha and Omega Semiconductor by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 2,411,632 shares of the semiconductor company's stock worth $89,303,000 after acquiring an additional 14,070 shares in the last quarter. Wellington Management Group LLP increased its holdings in Alpha and Omega Semiconductor by 12.4% during 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 in the last quarter. Geode Capital Management LLC boosted its stake in Alpha and Omega Semiconductor by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 580,556 shares of the semiconductor company's stock worth $21,503,000 after purchasing an additional 1,851 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Alpha and Omega Semiconductor by 0.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 224,809 shares of the semiconductor company's stock worth $8,325,000 after purchasing an additional 1,449 shares during the last quarter. Finally, CloudAlpha Capital Management Limited Hong Kong bought a new position in shares of Alpha and Omega Semiconductor in the fourth quarter valued at about $8,014,000. Institutional investors own 78.97% of the company's stock.

Analyst Ratings Changes

A number of brokerages have weighed in on AOSL. Stifel Nicolaus dropped their target price on shares of Alpha and Omega Semiconductor from $30.00 to $18.00 and set a "sell" rating for the company in a research note on Thursday, April 17th. StockNews.com raised Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a research note on Friday, April 25th. Finally, Benchmark lifted their price objective on Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the stock a "buy" rating in a research report on Thursday, February 6th.

Alpha and Omega Semiconductor Trading Up 5.3 %

NASDAQ:AOSL traded up $0.99 during mid-day trading on Thursday, hitting $19.82. The company had a trading volume of 42,410 shares, compared to its average volume of 499,674. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.50 and a current ratio of 2.72. The firm has a market cap of $583.01 million, a P/E ratio of -24.78 and a beta of 2.48. The business's fifty day moving average is $23.68 and its two-hundred day moving average is $32.83. Alpha and Omega Semiconductor Limited has a fifty-two week low of $15.90 and a fifty-two week high of $53.29.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last posted its earnings results on Wednesday, February 5th. The semiconductor company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.26). Alpha and Omega Semiconductor had a negative return on equity of 0.23% and a negative net margin of 3.46%. As a group, research analysts expect that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current 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.