Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Shares Bought by Russell Investments Group Ltd.

Russell Investments Group Ltd. boosted its stake in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 69.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 66,803 shares of the semiconductor company's stock after buying an additional 27,482 shares during the period. Russell Investments Group Ltd. owned 0.23% of Alpha and Omega Semiconductor worth $2,474,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of AOSL. IFP Advisors Inc lifted its position 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 acquiring an additional 548 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Alpha and Omega Semiconductor by 47.2% in the 4th 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 in the last quarter. Larson Financial Group LLC purchased a new position in Alpha and Omega Semiconductor during the 4th quarter worth $38,000. CIBC Private Wealth Group LLC acquired a new position in Alpha and Omega Semiconductor during the 4th quarter valued at about $39,000. Finally, KLP Kapitalforvaltning AS purchased a new stake in Alpha and Omega Semiconductor in the fourth quarter valued at about $167,000. Institutional investors own 78.97% of the company's stock.

Alpha and Omega Semiconductor Stock Performance

NASDAQ AOSL traded up $1.48 on Thursday, hitting $18.91. 122,336 shares of the company's stock traded hands, compared to its average volume of 633,261. The firm's 50-day moving average price is $25.32 and its two-hundred day moving average price is $33.42. The firm has a market capitalization of $556.24 million, a PE ratio of -23.64 and a beta of 2.48. 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 1-year low of $15.90 and a 1-year high of $53.29.

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 the consensus estimate 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%. As a group, analysts expect that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current year.

Analyst Ratings Changes

Several research firms have recently issued reports on AOSL. Stifel Nicolaus cut 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 report on Thursday, April 17th. StockNews.com cut shares of Alpha and Omega Semiconductor from a "hold" rating to a "sell" rating in a report on Thursday, April 17th. Finally, Benchmark boosted their price objective on shares of Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the company a "buy" rating in a report on Thursday, February 6th.

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.