Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Position Raised by Bridgeway Capital Management LLC

Bridgeway Capital Management LLC lifted its position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 4.2% in the 4th quarter, Holdings Channel reports. The fund owned 49,447 shares of the semiconductor company’s stock after buying an additional 2,000 shares during the period. Bridgeway Capital Management LLC’s holdings in Alpha and Omega Semiconductor were worth $1,831,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Barclays PLC increased its stake in shares of Alpha and Omega Semiconductor by 367.4% in the third quarter. Barclays PLC now owns 40,359 shares of the semiconductor company’s stock valued at $1,498,000 after purchasing an additional 31,725 shares during the period. Franklin Resources Inc. boosted its position in Alpha and Omega Semiconductor by 9.0% during the 3rd quarter. Franklin Resources Inc. now owns 13,276 shares of the semiconductor company’s stock worth $510,000 after acquiring an additional 1,096 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Alpha and Omega Semiconductor by 42.5% in the third 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. Redwood Wealth Management Group LLC acquired a new position in shares of Alpha and Omega Semiconductor during the fourth quarter valued at $548,000. Finally, Stratos Wealth Partners LTD. bought a new stake in shares of Alpha and Omega Semiconductor during the 4th quarter worth about $666,000. Institutional investors and hedge funds own 78.97% of the company’s stock.

Alpha and Omega Semiconductor Stock Performance

Shares of NASDAQ AOSL opened at $21.76 on Friday. The stock’s fifty day simple moving average is $22.29 and its 200 day simple moving average is $32.02. The stock has a market capitalization of $640.07 million, a price-to-earnings ratio of -27.20 and a beta of 2.02. The company has a quick ratio of 1.50, a current ratio of 2.72 and a debt-to-equity ratio of 0.03. Alpha and Omega Semiconductor Limited has a 52-week low of $15.90 and a 52-week high of $53.29.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings data on Wednesday, May 7th. The semiconductor company reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.06. Alpha and Omega Semiconductor had a negative return on equity of 0.23% and a negative net margin of 3.46%. The firm had revenue of $164.60 million for the quarter, compared to the consensus estimate of $157.23 million. During the same quarter in the previous year, the company earned ($0.04) EPS. The business’s revenue for the quarter was up 9.7% compared to the same quarter last year. As a group, sell-side analysts forecast that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on AOSL. Stifel Nicolaus dropped their target price on 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 Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research note on Saturday, May 3rd. Finally, 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 research report on Friday.

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.