Vanguard Group Inc. Has $48.03 Million Position in Alpha and Omega Semiconductor Limited $AOSL

Vanguard Group Inc. cut its position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 1.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,424,320 shares of the semiconductor company’s stock after selling 29,655 shares during the quarter. Vanguard Group Inc. owned about 0.08% of Alpha and Omega Semiconductor worth $48,026,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. lifted its holdings in shares of Alpha and Omega Semiconductor by 634.8% during the third quarter. Hantz Financial Services Inc. now owns 1,036 shares of the semiconductor company’s stock worth $29,000 after buying an additional 895 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Alpha and Omega Semiconductor during the third quarter worth $62,000. CWM LLC lifted its holdings in shares of Alpha and Omega Semiconductor by 20.0% during the third quarter. CWM LLC now owns 2,314 shares of the semiconductor company’s stock worth $65,000 after buying an additional 386 shares in the last quarter. Strs Ohio acquired a new stake in shares of Alpha and Omega Semiconductor during the first quarter worth $70,000. Finally, iSAM Funds UK Ltd bought a new position in Alpha and Omega Semiconductor during the third quarter worth about $91,000. 78.97% of the stock is owned by institutional investors and hedge funds.

Alpha and Omega Semiconductor Trading Down 5.4%

AOSL stock opened at $38.87 on Friday. The stock has a market capitalization of $1.16 billion, a P/E ratio of -10.92 and a beta of 2.58. Alpha and Omega Semiconductor Limited has a 12 month low of $17.01 and a 12 month high of $49.97. The firm has a 50-day moving average price of $29.72 and a 200-day moving average price of $24.48.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its earnings results on Wednesday, May 6th. The semiconductor company reported ($0.28) EPS for the quarter, topping analysts’ consensus estimates of ($0.34) by $0.06. The firm had revenue of $163.79 million during the quarter, compared to analysts’ expectations of $160.07 million. Alpha and Omega Semiconductor had a negative net margin of 15.51% and a negative return on equity of 4.30%. The business’s revenue for the quarter was down .5% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.10) earnings per share. As a group, equities analysts predict that Alpha and Omega Semiconductor Limited will post -1.65 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on AOSL. Needham & Company LLC began coverage on shares of Alpha and Omega Semiconductor in a report on Friday, May 1st. They set a “buy” rating and a $50.00 price target for the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a report on Monday, April 20th. B. Riley Financial lifted their price target on Alpha and Omega Semiconductor from $19.00 to $25.00 and gave the company a “neutral” rating in a research note on Monday, April 13th. Zacks Research upgraded Alpha and Omega Semiconductor from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. Finally, Stifel Nicolaus decreased their price target on Alpha and Omega Semiconductor from $24.00 to $22.00 and set a “hold” rating on the stock in a research note on Friday, February 6th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $30.50.

Insider Activity at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, CEO Stephen Chunping Chang sold 14,884 shares of the business’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of $34.47, for a total transaction of $513,051.48. Following the sale, the chief executive officer owned 635,901 shares of the company’s stock, valued at approximately $21,919,507.47. The trade was a 2.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Bing Xue sold 1,832 shares of the stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $31.21, for a total value of $57,176.72. Following the completion of the transaction, the executive vice president owned 132,617 shares of the company’s stock, valued at $4,138,976.57. This represents a 1.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 59,860 shares of company stock worth $1,913,960. Corporate insiders own 16.70% of the company’s stock.

Alpha and Omega Semiconductor Profile

Alpha and Omega Semiconductor Limited (NASDAQ: AOSL) is a designer and supplier of power semiconductor components used in power management applications across a range of electronic systems. The company offers a broad portfolio of discrete and integrated power devices, including power MOSFETs, rectifiers, voltage regulators, and power management ICs. These products are optimized for high efficiency, compact form factors and thermal performance, catering to the growing demands of energy-sensitive applications in computing, consumer electronics, communications and industrial markets.

Since its founding in 2000, Alpha and Omega Semiconductor has leveraged in-house design expertise and strategic partnerships with manufacturing facilities to deliver scalable, high-volume production.