Price T Rowe Associates Inc. MD Acquires 1,620 Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Price T Rowe Associates Inc. MD raised its holdings in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 7.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 23,132 shares of the semiconductor company’s stock after purchasing an additional 1,620 shares during the period. Price T Rowe Associates Inc. MD’s holdings in Alpha and Omega Semiconductor were worth $857,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. IFP Advisors Inc increased its holdings in Alpha and Omega Semiconductor by 276.8% in the fourth quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 548 shares during the last quarter. Sterling Capital Management LLC boosted its position in shares of Alpha and Omega Semiconductor by 820.7% during the fourth quarter. Sterling Capital Management LLC now owns 755 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 673 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of Alpha and Omega Semiconductor by 47.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 908 shares of the semiconductor company’s stock valued at $34,000 after buying an additional 291 shares during the period. Larson Financial Group LLC bought a new stake in shares of Alpha and Omega Semiconductor in the 4th quarter valued at $38,000. Finally, CIBC Private Wealth Group LLC acquired a new stake in Alpha and Omega Semiconductor during the 4th quarter worth $39,000. Institutional investors and hedge funds own 78.97% of the company’s stock.

Alpha and Omega Semiconductor Stock Up 5.3%

NASDAQ:AOSL opened at $21.76 on Monday. The stock has a 50-day simple moving average of $22.29 and a 200 day simple moving average of $31.97. Alpha and Omega Semiconductor Limited has a 52-week low of $15.90 and a 52-week high of $53.29. The company has a market cap of $640.07 million, a PE ratio of -27.20 and a beta of 2.02. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.50 and a current ratio of 2.72.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its quarterly earnings results on Wednesday, May 7th. The semiconductor company reported ($0.10) earnings per share for the quarter, topping the consensus estimate of ($0.16) by $0.06. The company had revenue of $164.60 million during the quarter, compared to analysts’ expectations 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 quarterly revenue was up 9.7% on a year-over-year basis. During the same period last year, the business earned ($0.04) EPS. On average, sell-side analysts expect that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Stifel Nicolaus decreased their target price on Alpha and Omega Semiconductor from $30.00 to $18.00 and set a “sell” rating for the company in a research note on Thursday, April 17th. Benchmark lowered their target price on Alpha and Omega Semiconductor from $42.00 to $32.00 and set a “buy” rating for the company in a research note on Friday. Finally, StockNews.com raised shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research note on Sunday.

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.