Renaissance Technologies LLC Boosts Stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Renaissance Technologies LLC lifted its stake in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 162.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 132,200 shares of the semiconductor company’s stock after buying an additional 81,800 shares during the period. Renaissance Technologies LLC owned approximately 0.46% of Alpha and Omega Semiconductor worth $4,895,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in AOSL. Barclays PLC grew its stake in Alpha and Omega Semiconductor by 367.4% during the 3rd 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. JPMorgan Chase & Co. boosted its position in Alpha and Omega Semiconductor by 42.5% in the third quarter. JPMorgan Chase & Co. now owns 36,608 shares of the semiconductor company’s stock valued at $1,359,000 after buying an additional 10,921 shares during the last quarter. Geode Capital Management LLC increased its holdings in Alpha and Omega Semiconductor by 5.7% in the 3rd quarter. Geode Capital Management LLC now owns 578,705 shares of the semiconductor company’s stock worth $21,486,000 after buying an additional 31,286 shares during the period. HighTower Advisors LLC purchased a new position in Alpha and Omega Semiconductor during the 3rd quarter worth approximately $205,000. Finally, Jane Street Group LLC lifted its stake in Alpha and Omega Semiconductor by 77.2% during the 3rd quarter. Jane Street Group LLC now owns 55,243 shares of the semiconductor company’s stock valued at $2,051,000 after acquiring an additional 24,067 shares during the period. 78.97% of the stock is owned by hedge funds and other institutional investors.

Alpha and Omega Semiconductor Stock Down 4.0 %

AOSL opened at $17.34 on Monday. The company has a fifty day moving average of $26.39 and a two-hundred day moving average of $33.80. The stock has a market capitalization of $510.06 million, a price-to-earnings ratio of -21.68 and a beta of 2.48. Alpha and Omega Semiconductor Limited has a fifty-two week low of $16.38 and a fifty-two week high of $53.29. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.50 and a current ratio of 2.72.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its quarterly earnings results on Wednesday, February 5th. The semiconductor company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.26). Alpha and Omega Semiconductor had a negative return on equity of 0.23% and a negative net margin of 3.46%. On average, research analysts expect that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on AOSL. Stifel Nicolaus reduced their target price on shares of Alpha and Omega Semiconductor from $30.00 to $18.00 and set a “sell” rating for the company in a report on Thursday. StockNews.com lowered Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research note on Thursday. Finally, Benchmark raised their target price on Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the stock a “buy” rating in a report on Thursday, February 6th.

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.