Alpha and Omega Semiconductor Limited (AOSL) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. lifted its position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 14.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,121,894 shares of the semiconductor company’s stock after buying an additional 143,303 shares during the period. Vanguard Group Inc. owned approximately 4.72% of Alpha and Omega Semiconductor Limited worth $18,702,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Los Angeles Capital Management & Equity Research Inc. acquired a new stake in shares of Alpha and Omega Semiconductor Limited during the 2nd quarter worth $178,000. American International Group Inc. boosted its position in Alpha and Omega Semiconductor Limited by 7.5% during the 1st quarter. American International Group Inc. now owns 11,227 shares of the semiconductor company’s stock worth $193,000 after purchasing an additional 780 shares during the period. Alliancebernstein L.P. purchased a new stake in Alpha and Omega Semiconductor Limited during the 2nd quarter worth $227,000. Ameriprise Financial Inc. purchased a new stake in Alpha and Omega Semiconductor Limited during the 2nd quarter worth $238,000. Finally, Chicago Equity Partners LLC boosted its position in Alpha and Omega Semiconductor Limited by 4.6% during the 2nd quarter. Chicago Equity Partners LLC now owns 19,881 shares of the semiconductor company’s stock worth $331,000 after purchasing an additional 870 shares during the period. Institutional investors and hedge funds own 69.51% of the company’s stock.

In other Alpha and Omega Semiconductor Limited news, VP Daniel Kuang Ming Chang sold 3,398 shares of the company’s stock in a transaction dated Tuesday, October 31st. The shares were sold at an average price of $18.00, for a total value of $61,164.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 21.70% of the stock is currently owned by corporate insiders.

Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) opened at $17.42 on Thursday. Alpha and Omega Semiconductor Limited has a 12-month low of $14.81 and a 12-month high of $23.93. The firm has a market cap of $425.71, a price-to-earnings ratio of 29.03 and a beta of 0.29.

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) last announced its quarterly earnings results on Thursday, November 2nd. The semiconductor company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). Alpha and Omega Semiconductor Limited had a return on equity of 4.85% and a net margin of 3.92%. The business had revenue of $104.90 million for the quarter, compared to analysts’ expectations of $103.15 million. During the same period last year, the company posted $0.14 earnings per share. The firm’s revenue for the quarter was up 7.0% on a year-over-year basis. analysts predict that Alpha and Omega Semiconductor Limited will post 0.64 EPS for the current year.

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AOSL has been the subject of a number of research reports. Stifel Nicolaus reaffirmed a “hold” rating and set a $18.00 price target on shares of Alpha and Omega Semiconductor Limited in a research report on Thursday, October 12th. B. Riley upped their price target on shares of Alpha and Omega Semiconductor Limited from $24.00 to $27.00 and gave the stock a “buy” rating in a research report on Friday, November 3rd. Finally, Northland Securities reaffirmed a “buy” rating and set a $30.00 price target on shares of Alpha and Omega Semiconductor Limited in a research report on Friday, November 3rd. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Alpha and Omega Semiconductor Limited presently has a consensus rating of “Buy” and a consensus target price of $25.00.

Alpha and Omega Semiconductor Limited Company Profile

Alpha and Omega Semiconductor Limited is a designer, developer and global supplier of power semiconductors. The Company’s portfolio of power semiconductors includes approximately 1,600 products, as of June 30, 2016. The Company’s product portfolio consists of two categories: power discretes and power integrated circuits (ICs).

Institutional Ownership by Quarter for Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

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