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

Russell Investments Group Ltd. grew its position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 161.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 174,593 shares of the semiconductor company’s stock after buying an additional 107,790 shares during the period. Russell Investments Group Ltd. owned approximately 0.59% of Alpha and Omega Semiconductor worth $4,340,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Public Sector Pension Investment Board grew its holdings in shares of Alpha and Omega Semiconductor by 28.6% in the 1st quarter. Public Sector Pension Investment Board now owns 76,446 shares of the semiconductor company’s stock valued at $1,900,000 after buying an additional 16,982 shares during the period. Nuveen LLC acquired a new position in shares of Alpha and Omega Semiconductor in the 1st quarter valued at $1,583,000. Invesco Ltd. grew its holdings in shares of Alpha and Omega Semiconductor by 409.1% in the 1st quarter. Invesco Ltd. now owns 759,509 shares of the semiconductor company’s stock valued at $18,881,000 after buying an additional 610,336 shares during the period. Gagnon Securities LLC grew its holdings in shares of Alpha and Omega Semiconductor by 0.3% in the 1st quarter. Gagnon Securities LLC now owns 214,761 shares of the semiconductor company’s stock valued at $5,339,000 after buying an additional 656 shares during the period. Finally, Deutsche Bank AG lifted its position in Alpha and Omega Semiconductor by 125.5% in the 1st quarter. Deutsche Bank AG now owns 47,342 shares of the semiconductor company’s stock valued at $1,177,000 after acquiring an additional 26,349 shares in the last quarter. Institutional investors and hedge funds own 78.97% of the company’s stock.

Alpha and Omega Semiconductor Trading Up 7.9%

Alpha and Omega Semiconductor stock opened at $28.84 on Friday. The firm 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 one year low of $15.90 and a one year high of $53.29. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.58 and a quick ratio of 1.34. The company has a market cap of $848.47 million, a price-to-earnings ratio of -8.82 and a beta of 2.14.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings data on Wednesday, August 6th. The semiconductor company reported $0.02 EPS 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 period in the prior year, the business posted $0.09 EPS. The company’s quarterly revenue was up 9.4% on a year-over-year basis. On average, equities analysts expect that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Benchmark cut their price objective 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. Stifel Nicolaus raised shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating and boosted their price objective for the company from $18.00 to $25.00 in a research report on Tuesday, July 15th. Wall Street Zen raised shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Sunday, May 11th. Finally, B. Riley boosted their price objective on shares of Alpha and Omega Semiconductor from $30.00 to $35.00 and gave the company a “buy” rating in a research report on Friday, July 11th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price 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.