Russell Investments Group Ltd. Has $4.34 Million Stock Position in Alpha and Omega Semiconductor Limited $AOSL

Russell Investments Group Ltd. boosted its stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 161.4% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 174,593 shares of the semiconductor company’s stock after buying an additional 107,790 shares during the period. Russell Investments Group Ltd.’s holdings in Alpha and Omega Semiconductor were worth $4,340,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of AOSL. LPL Financial LLC acquired a new position in Alpha and Omega Semiconductor in the 4th quarter valued at about $352,000. Wells Fargo & Company MN grew its stake in Alpha and Omega Semiconductor by 128.2% in the 4th quarter. Wells Fargo & Company MN now owns 27,921 shares of the semiconductor company’s stock valued at $1,034,000 after buying an additional 15,688 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Alpha and Omega Semiconductor in the 4th quarter valued at about $922,000. Sterling Capital Management LLC grew its stake in Alpha and Omega Semiconductor by 820.7% in the 4th quarter. Sterling Capital Management LLC now owns 755 shares of the semiconductor company’s stock valued at $28,000 after buying an additional 673 shares during the last quarter. Finally, Barclays PLC grew its stake in Alpha and Omega Semiconductor by 73.9% in the 4th quarter. Barclays PLC now owns 70,179 shares of the semiconductor company’s stock valued at $2,599,000 after buying an additional 29,820 shares during the last quarter. Institutional investors and hedge funds own 78.97% of the company’s stock.

Alpha and Omega Semiconductor Stock Performance

Shares of Alpha and Omega Semiconductor stock opened at $28.84 on Friday. The company has a 50 day moving average of $26.59 and a 200-day moving average of $25.55. Alpha and Omega Semiconductor Limited has a 1-year low of $15.90 and a 1-year high of $53.29. The company has a current ratio of 2.58, a quick ratio of 1.34 and a debt-to-equity ratio of 0.02. The company has a market cap of $848.47 million, a PE ratio of -8.82 and a beta of 2.14.

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

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Wall Street Zen upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research note on Sunday, May 11th. B. Riley increased their target price on shares of 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. Benchmark decreased 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 research report on Friday, May 9th. Finally, Stifel Nicolaus upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating and increased their target price for the stock from $18.00 to $25.00 in a research report on Tuesday, July 15th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Alpha and Omega Semiconductor presently has a consensus rating of “Moderate Buy” and an average price target of $30.67.

Alpha and Omega Semiconductor Company 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.