Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Stock Holdings Decreased by Zacks Investment Management

Zacks Investment Management decreased its stake in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 4.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 64,097 shares of the semiconductor company’s stock after selling 3,270 shares during the period. Zacks Investment Management owned about 0.22% of Alpha and Omega Semiconductor worth $2,374,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. HighTower Advisors LLC acquired a new stake in Alpha and Omega Semiconductor during the third quarter valued at approximately $205,000. State Street Corp lifted its stake in 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 purchasing an additional 334,657 shares during the last quarter. Jane Street Group LLC boosted its holdings in Alpha and Omega Semiconductor by 77.2% in the third quarter. Jane Street Group LLC now owns 55,243 shares of the semiconductor company’s stock worth $2,051,000 after purchasing an additional 24,067 shares during the period. Barclays PLC increased its stake in Alpha and Omega Semiconductor by 367.4% during the third quarter. Barclays PLC now owns 40,359 shares of the semiconductor company’s stock valued at $1,498,000 after purchasing an additional 31,725 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Alpha and Omega Semiconductor by 5.7% during the third 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 during the period. 78.97% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on AOSL shares. Stifel Nicolaus lowered their price objective on shares of Alpha and Omega Semiconductor from $30.00 to $18.00 and set a “sell” rating for the company in a research report on Thursday. StockNews.com downgraded Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a report on Thursday. Finally, Benchmark upped their price objective on Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the stock a “buy” rating in a research note on Thursday, February 6th.

Alpha and Omega Semiconductor Price Performance

NASDAQ AOSL opened at $17.34 on Friday. The company has a 50-day moving average price of $26.75 and a two-hundred day moving average price of $33.96. Alpha and Omega Semiconductor Limited has a 52 week low of $16.38 and a 52 week high of $53.29. The stock has a market cap of $510.06 million, a price-to-earnings ratio of -21.68 and a beta of 2.48. 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 (NASDAQ:AOSL) last posted its earnings results on Wednesday, February 5th. The semiconductor company reported ($0.18) EPS for the quarter, missing the consensus estimate 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%. Analysts forecast that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current year.

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.