HighTower Advisors LLC Has $241,000 Stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

HighTower Advisors LLC grew its position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 19.4% in the fourth quarter, HoldingsChannel reports. The fund owned 6,501 shares of the semiconductor company’s stock after acquiring an additional 1,054 shares during the period. HighTower Advisors LLC’s holdings in Alpha and Omega Semiconductor were worth $241,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. State Street Corp lifted its holdings in shares of Alpha and Omega Semiconductor by 33.2% during the third quarter. State Street Corp now owns 1,341,290 shares of the semiconductor company’s stock worth $49,789,000 after buying an additional 334,657 shares in the last quarter. Geode Capital Management LLC raised its stake in Alpha and Omega Semiconductor by 5.7% in the 3rd quarter. Geode Capital Management LLC now owns 578,705 shares of the semiconductor company’s stock worth $21,486,000 after purchasing an additional 31,286 shares in the last quarter. Point72 Asset Management L.P. raised its stake in Alpha and Omega Semiconductor by 110.1% in the 3rd quarter. Point72 Asset Management L.P. now owns 471,535 shares of the semiconductor company’s stock worth $17,503,000 after purchasing an additional 247,051 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Alpha and Omega Semiconductor by 0.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 224,809 shares of the semiconductor company’s stock valued at $8,325,000 after purchasing an additional 1,449 shares during the period. Finally, CloudAlpha Capital Management Limited Hong Kong acquired a new position in shares of Alpha and Omega Semiconductor during the 4th quarter worth approximately $8,014,000. Institutional investors and hedge funds own 78.97% of the company’s stock.

Insider Activity at Alpha and Omega Semiconductor

In related news, EVP Bing Xue sold 1,242 shares of the company’s stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $35.00, for a total transaction of $43,470.00. Following the completion of the transaction, the executive vice president now directly owns 115,368 shares in the company, valued at $4,037,880. This represents a 1.07 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 16.90% of the stock is currently owned by insiders.

Alpha and Omega Semiconductor Stock Performance

NASDAQ AOSL opened at $25.66 on Thursday. The firm’s 50 day simple moving average is $31.85 and its 200 day simple moving average is $35.42. The firm has a market capitalization of $754.79 million, a price-to-earnings ratio of -32.08 and a beta of 2.56. The company has a current ratio of 2.72, a quick ratio of 1.50 and a debt-to-equity ratio of 0.03. Alpha and Omega Semiconductor Limited has a 1 year low of $19.38 and a 1 year high of $53.29.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its earnings results on Wednesday, February 5th. The semiconductor company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.26). Alpha and Omega Semiconductor had a negative net margin of 3.46% and a negative return on equity of 0.23%. As a group, research analysts expect that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on AOSL shares. StockNews.com upgraded Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research note on Friday, March 7th. Benchmark lifted their price objective on Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the company a “buy” rating in a report on Thursday, February 6th.

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.