LMR Partners LLP Purchases New Position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

LMR Partners LLP purchased a new position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 17,597 shares of the semiconductor company's stock, valued at approximately $652,000. LMR Partners LLP owned approximately 0.06% of Alpha and Omega Semiconductor at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its stake in shares of Alpha and Omega Semiconductor by 42.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 36,608 shares of the semiconductor company's stock worth $1,359,000 after purchasing an additional 10,921 shares in the last quarter. IFP Advisors Inc raised its stake in shares of Alpha and Omega Semiconductor by 276.8% in the 4th quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company's stock valued at $28,000 after acquiring an additional 548 shares in the last quarter. Empowered Funds LLC raised its stake in shares of Alpha and Omega Semiconductor by 5.0% in the 4th quarter. Empowered Funds LLC now owns 42,303 shares of the semiconductor company's stock valued at $1,566,000 after acquiring an additional 2,000 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Alpha and Omega Semiconductor by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 2,411,632 shares of the semiconductor company's stock valued at $89,303,000 after acquiring an additional 14,070 shares in the last quarter. Finally, Franklin Resources Inc. raised its stake in shares of Alpha and Omega Semiconductor by 9.0% in the 3rd quarter. Franklin Resources Inc. now owns 13,276 shares of the semiconductor company's stock valued at $510,000 after acquiring an additional 1,096 shares in the last quarter. 78.97% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Alpha and Omega Semiconductor

In other news, EVP Bing Xue sold 1,845 shares of Alpha and Omega Semiconductor stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $23.73, for a total transaction of $43,781.85. Following the sale, the executive vice president now owns 130,951 shares of the company's stock, valued at approximately $3,107,467.23. This trade represents a 1.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 16.90% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on AOSL. 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 note on Thursday, April 17th. Benchmark cut their price objective 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. Finally, StockNews.com raised Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a research note on Sunday, May 11th.

Alpha and Omega Semiconductor Stock Performance

AOSL traded down $0.32 during midday trading on Friday, reaching $23.14. The company's stock had a trading volume of 268,958 shares, compared to its average volume of 509,306. The stock has a market cap of $680.66 million, a P/E ratio of -28.93 and a beta of 2.02. The company has a fifty day simple moving average of $22.02 and a 200 day simple moving average of $31.60. The company has a current ratio of 2.72, a quick ratio of 1.50 and a debt-to-equity ratio of 0.03. Alpha and Omega Semiconductor Limited has a twelve month low of $15.90 and a twelve month high of $53.29.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last released its earnings results on Wednesday, May 7th. The semiconductor company reported ($0.10) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.16) by $0.06. The firm had revenue of $164.60 million for the quarter, compared to analyst estimates of $157.23 million. Alpha and Omega Semiconductor had a negative return on equity of 0.23% and a negative net margin of 3.46%. The company's revenue was up 9.7% on a year-over-year basis. During the same quarter last year, the firm posted ($0.04) EPS. Research analysts expect 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.