Schonfeld Strategic Advisors LLC Buys 15,121 Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Schonfeld Strategic Advisors LLC boosted its position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 202.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 22,600 shares of the semiconductor company's stock after acquiring an additional 15,121 shares during the period. Schonfeld Strategic Advisors LLC owned 0.08% of Alpha and Omega Semiconductor worth $837,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. IFP Advisors Inc increased its position in Alpha and Omega Semiconductor by 276.8% during the 4th quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company's stock valued at $28,000 after purchasing an additional 548 shares during the period. Sterling Capital Management LLC increased its position in shares of 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 valued at $28,000 after buying an additional 673 shares during the period. PNC Financial Services Group Inc. increased its position in shares of Alpha and Omega Semiconductor by 47.2% during the fourth 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 period. Larson Financial Group LLC bought a new position in Alpha and Omega Semiconductor in the fourth quarter worth about $38,000. Finally, CIBC Private Wealth Group LLC purchased a new stake in Alpha and Omega Semiconductor in the fourth quarter worth about $39,000. Institutional investors own 78.97% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. 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. Benchmark dropped their price target on shares of Alpha and Omega Semiconductor from $42.00 to $32.00 and set a "buy" rating on the stock in a report on Friday, May 9th. Finally, StockNews.com raised shares of Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a research report on Sunday.

Insider Buying and Selling

In other Alpha and Omega Semiconductor 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 transaction, the executive vice president now directly owns 130,951 shares in the company, valued at $3,107,467.23. This represents a 1.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 16.90% of the stock is owned by corporate insiders.

Alpha and Omega Semiconductor Price Performance

AOSL traded down $0.39 during trading on Wednesday, reaching $24.40. 163,726 shares of the company traded hands, compared to its average volume of 506,128. The company has a market cap of $717.73 million, a P/E ratio of -30.50 and a beta of 2.02. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.50 and a current ratio of 2.72. Alpha and Omega Semiconductor Limited has a 12-month low of $15.90 and a 12-month high of $53.29. The firm has a fifty day simple moving average of $22.18 and a 200 day simple moving average of $31.84.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The semiconductor company reported ($0.10) EPS for the quarter, topping the consensus estimate 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% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.04) EPS. On average, equities analysts forecast that Alpha and Omega Semiconductor Limited will post -0.82 EPS 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.