Schonfeld Strategic Advisors LLC Increases Stock Holdings in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Schonfeld Strategic Advisors LLC grew its holdings in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 202.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,600 shares of the semiconductor company's stock after purchasing an additional 15,121 shares during the quarter. Schonfeld Strategic Advisors LLC owned approximately 0.08% of Alpha and Omega Semiconductor worth $837,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its position 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 valued at $1,359,000 after acquiring an additional 10,921 shares during the last quarter. Barclays PLC boosted its position in shares of Alpha and Omega Semiconductor by 367.4% during the 3rd quarter. Barclays PLC now owns 40,359 shares of the semiconductor company's stock valued at $1,498,000 after acquiring an additional 31,725 shares during the last quarter. IFP Advisors Inc boosted its position in shares of 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 acquiring an additional 548 shares during the last quarter. Empowered Funds LLC boosted its position in shares of Alpha and Omega Semiconductor by 5.0% during 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 during the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of Alpha and Omega Semiconductor by 0.6% during 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 during the last quarter. Institutional investors and hedge funds own 78.97% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on AOSL. StockNews.com raised shares of Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a research report on Sunday. Stifel Nicolaus decreased their target price on shares of 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, Benchmark decreased their target price on shares of Alpha and Omega Semiconductor from $42.00 to $32.00 and set a "buy" rating on the stock in a research report on Friday.

Alpha and Omega Semiconductor Trading Up 9.5%

NASDAQ AOSL traded up $2.07 during trading hours on Monday, reaching $23.83. The company had a trading volume of 497,722 shares, compared to its average volume of 506,592. The stock has a 50-day moving average of $22.29 and a 200 day moving average of $31.97. Alpha and Omega Semiconductor Limited has a 1-year low of $15.90 and a 1-year high of $53.29. The company has a current ratio of 2.72, a quick ratio of 1.50 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $700.96 million, a P/E ratio of -29.79 and a beta of 2.02.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last issued its quarterly earnings results on Wednesday, May 7th. The semiconductor company reported ($0.10) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.16) by $0.06. The company had revenue of $164.60 million for the quarter, compared to analyst estimates 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 revenue for the quarter was up 9.7% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.04) earnings per share. As a group, research analysts anticipate that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current fiscal year.

Alpha and Omega Semiconductor Company 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.