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

Schonfeld Strategic Advisors LLC increased its stake in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 202.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 22,600 shares of the semiconductor company’s stock after acquiring an additional 15,121 shares during the quarter. Schonfeld Strategic Advisors LLC owned about 0.08% of Alpha and Omega Semiconductor worth $837,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of AOSL. IFP Advisors Inc boosted its holdings in shares of Alpha and Omega Semiconductor by 276.8% during the 4th 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 stake 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 valued at $28,000 after buying an additional 673 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in 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 valued at $34,000 after buying an additional 291 shares in the last quarter. CIBC Private Wealth Group LLC bought a new stake in Alpha and Omega Semiconductor in the 4th quarter worth approximately $39,000. Finally, Larson Financial Group LLC purchased a new stake in shares of Alpha and Omega Semiconductor during the 4th quarter worth approximately $38,000. 78.97% of the stock is owned by hedge funds and other institutional investors.

Alpha and Omega Semiconductor Stock Up 3.3 %

Shares of AOSL opened at $20.72 on Friday. The company has a quick ratio of 1.50, a current ratio of 2.72 and a debt-to-equity ratio of 0.03. The business has a fifty day moving average of $22.42 and a 200 day moving average of $32.12. The company has a market cap of $609.45 million, a PE ratio of -25.90 and a beta of 2.02. Alpha and Omega Semiconductor Limited has a 52-week low of $15.90 and a 52-week high of $53.29.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its earnings results on Wednesday, May 7th. The semiconductor company reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.06. Alpha and Omega Semiconductor had a negative net margin of 3.46% and a negative return on equity of 0.23%. The firm had revenue of $164.60 million during the quarter, compared to analyst estimates of $157.23 million. During the same quarter last year, the business earned ($0.04) EPS. The business’s revenue was up 9.7% on a year-over-year basis. On average, sell-side analysts expect that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on AOSL shares. Benchmark boosted their price target on shares of Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the stock a “buy” rating in a research report on Thursday, February 6th. Stifel Nicolaus reduced their target price on shares of Alpha and Omega Semiconductor from $30.00 to $18.00 and set a “sell” rating on the stock in a report on Thursday, April 17th. Finally, StockNews.com cut shares of Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research report on Saturday, May 3rd.

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.