Schonfeld Strategic Advisors LLC Buys 15,121 Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Schonfeld Strategic Advisors LLC raised its stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 202.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 22,600 shares of the semiconductor company’s stock after buying an additional 15,121 shares during the period. Schonfeld Strategic Advisors LLC’s holdings in Alpha and Omega Semiconductor were worth $837,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. IFP Advisors Inc boosted its holdings in shares of 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 period. Sterling Capital Management LLC lifted its holdings in shares of 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 worth $28,000 after buying an additional 673 shares during the period. PNC Financial Services Group Inc. grew its position in shares of Alpha and Omega Semiconductor by 47.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 908 shares of the semiconductor company’s stock worth $34,000 after buying an additional 291 shares in the last quarter. Larson Financial Group LLC purchased a new position in shares of Alpha and Omega Semiconductor during the fourth quarter valued at $38,000. Finally, CIBC Private Wealth Group LLC bought a new stake in shares of Alpha and Omega Semiconductor in the fourth quarter valued at about $39,000. 78.97% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

AOSL has been the topic of a number of research reports. StockNews.com downgraded shares of Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research report on Saturday, May 3rd. Stifel Nicolaus reduced 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 note on Thursday, April 17th. Finally, Benchmark increased their target price on Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the company a “buy” rating in a research report on Thursday, February 6th.

Alpha and Omega Semiconductor Price Performance

NASDAQ AOSL opened at $20.72 on Friday. The firm’s fifty day simple moving average is $22.42 and its two-hundred day simple moving average is $32.12. The firm has a market capitalization of $609.45 million, a P/E ratio of -25.90 and a beta of 2.02. 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 12-month low of $15.90 and a 12-month high of $53.29.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its earnings results on Wednesday, May 7th. The semiconductor company reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.16) by $0.06. The company had revenue of $164.60 million for the quarter, compared to analyst estimates of $157.23 million. Alpha and Omega Semiconductor had a negative return on equity of 0.23% and a negative net margin of 3.46%. The firm’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.04) EPS. Analysts forecast that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current fiscal year.

About Alpha and Omega Semiconductor

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.