Deutsche Bank AG increased its holdings in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL – Free Report) by 125.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 47,342 shares of the semiconductor company’s stock after buying an additional 26,349 shares during the period. Deutsche Bank AG owned about 0.16% of Alpha and Omega Semiconductor worth $1,177,000 at the end of the most recent quarter.
Several other large investors have also recently added to or reduced their stakes in AOSL. Robeco Schweiz AG purchased a new stake in Alpha and Omega Semiconductor during the 1st quarter worth approximately $19,434,000. Driehaus Capital Management LLC acquired a new position in Alpha and Omega Semiconductor during the 4th quarter worth approximately $11,612,000. Millennium Management LLC grew its holdings in Alpha and Omega Semiconductor by 2,741.6% during the 4th quarter. Millennium Management LLC now owns 256,712 shares of the semiconductor company’s stock worth $9,506,000 after acquiring an additional 247,678 shares in the last quarter. Boothbay Fund Management LLC acquired a new position in Alpha and Omega Semiconductor during the 4th quarter worth approximately $3,868,000. Finally, Two Sigma Investments LP grew its holdings in Alpha and Omega Semiconductor by 171.3% during the 4th quarter. Two Sigma Investments LP now owns 125,095 shares of the semiconductor company’s stock worth $4,632,000 after acquiring an additional 78,992 shares in the last quarter. 78.97% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several research analysts have commented on the stock. Wall Street Zen upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Sunday, May 11th. Benchmark lowered their price target on shares of Alpha and Omega Semiconductor from $42.00 to $32.00 and set a “buy” rating for the company in a report on Friday, May 9th. B. Riley boosted their price target on shares of Alpha and Omega Semiconductor from $30.00 to $35.00 and gave the stock a “buy” rating in a report on Friday, July 11th. Finally, Stifel Nicolaus upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating and boosted their price target for the stock from $18.00 to $25.00 in a report on Tuesday, July 15th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.67.
Alpha and Omega Semiconductor Stock Up 7.9%
AOSL opened at $28.84 on Friday. 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 quick ratio of 1.34 and a current ratio of 2.58. The stock has a market capitalization of $848.33 million, a P/E ratio of -8.82 and a beta of 2.14. The business’s 50-day simple moving average is $26.59 and its 200-day simple moving average is $25.43.
Alpha and Omega Semiconductor (NASDAQ:AOSL – Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The semiconductor company reported $0.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.03. The firm had revenue of $176.50 million for the quarter, compared to the consensus estimate of $170.03 million. Alpha and Omega Semiconductor had a negative return on equity of 0.83% and a negative net margin of 13.93%.The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.09 EPS. Analysts anticipate 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.
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