Public Sector Pension Investment Board Boosts Position in Alpha and Omega Semiconductor Limited $AOSL

Public Sector Pension Investment Board boosted its position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 28.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 76,446 shares of the semiconductor company’s stock after purchasing an additional 16,982 shares during the quarter. Public Sector Pension Investment Board’s holdings in Alpha and Omega Semiconductor were worth $1,900,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Sterling Capital Management LLC boosted its position in 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. GAMMA Investing LLC boosted its position in Alpha and Omega Semiconductor by 94.7% during the first quarter. GAMMA Investing LLC now owns 1,221 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 594 shares in the last quarter. Larson Financial Group LLC boosted its position in Alpha and Omega Semiconductor by 117.7% during the first quarter. Larson Financial Group LLC now owns 2,221 shares of the semiconductor company’s stock worth $55,000 after purchasing an additional 1,201 shares in the last quarter. ProShare Advisors LLC purchased a new stake in Alpha and Omega Semiconductor during the fourth quarter worth $266,000. Finally, Pacific Point Advisors LLC purchased a new stake in Alpha and Omega Semiconductor during the fourth quarter worth $296,000. 78.97% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

AOSL has been the topic of a number of research analyst reports. B. Riley boosted their target price on Alpha and Omega Semiconductor from $30.00 to $35.00 and gave the stock a “buy” rating in a research report on Friday, July 11th. Wall Street Zen raised shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research note on Sunday, May 11th. Stifel Nicolaus upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating and upped their target price for the company from $18.00 to $25.00 in a report on Tuesday, July 15th. Finally, Benchmark reduced their target price on shares of Alpha and Omega Semiconductor from $42.00 to $32.00 and set a “buy” rating on the stock in a report on Friday, May 9th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $30.67.

Alpha and Omega Semiconductor Stock Performance

NASDAQ AOSL opened at $26.28 on Thursday. The business’s 50-day moving average price is $26.43 and its 200 day moving average price is $25.73. Alpha and Omega Semiconductor Limited has a twelve month low of $15.90 and a twelve month high of $53.29. The company has a market capitalization of $773.16 million, a PE ratio of -8.04 and a beta of 2.14. The company has a current ratio of 2.58, a quick ratio of 1.34 and a debt-to-equity ratio of 0.02.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its earnings results on Wednesday, August 6th. The semiconductor company reported $0.02 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.03. Alpha and Omega Semiconductor had a negative return on equity of 0.83% and a negative net margin of 13.93%.The firm had revenue of $176.50 million for the quarter, compared to the consensus estimate of $170.03 million. During the same period in the prior year, the business posted $0.09 earnings per share. The firm’s revenue for the quarter was up 9.4% compared to the same quarter last year. On average, research analysts predict that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current year.

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.