Invesco Ltd. Sells 610,187 Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Invesco Ltd. lowered its stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 80.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 149,173 shares of the semiconductor company's stock after selling 610,187 shares during the period. Invesco Ltd. owned approximately 0.51% of Alpha and Omega Semiconductor worth $5,524,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. IFP Advisors Inc increased its stake in Alpha and Omega Semiconductor by 276.8% in the 4th quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company's stock worth $28,000 after purchasing an additional 548 shares during the period. PNC Financial Services Group Inc. raised its holdings in Alpha and Omega Semiconductor by 47.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 908 shares of the semiconductor company's stock valued at $34,000 after buying an additional 291 shares during the last quarter. Larson Financial Group LLC purchased a new stake in Alpha and Omega Semiconductor during the 4th quarter valued at $38,000. CIBC Private Wealth Group LLC bought a new stake in Alpha and Omega Semiconductor in the 4th quarter worth $39,000. Finally, KLP Kapitalforvaltning AS purchased a new position in shares of Alpha and Omega Semiconductor in the fourth quarter valued at about $167,000. 78.97% of the stock is currently owned by hedge funds and other institutional investors.

Alpha and Omega Semiconductor Stock Down 2.6 %

Shares of NASDAQ:AOSL traded down $0.49 during trading on Wednesday, hitting $18.61. The stock had a trading volume of 137,985 shares, compared to its average volume of 499,209. 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 Limited has a 12 month low of $15.90 and a 12 month high of $53.29. The company has a market capitalization of $547.41 million, a PE ratio of -23.26 and a beta of 2.48. The firm's fifty day moving average is $23.98 and its 200 day moving average is $32.93.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The semiconductor company reported ($0.18) EPS for the quarter, missing analysts' consensus estimates of $0.08 by ($0.26). Alpha and Omega Semiconductor had a negative net margin of 3.46% and a negative return on equity of 0.23%. Analysts anticipate that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

AOSL has been the topic of several recent analyst reports. Benchmark raised their target price on Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the stock a "buy" rating in a research note on Thursday, February 6th. Stifel Nicolaus cut their price objective on 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. Finally, StockNews.com upgraded Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a report on Friday, April 25th.

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.