Swiss National Bank Sells 700 Shares of Alpha and Omega Semiconductor Limited $AOSL

Swiss National Bank cut its position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 1.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 47,800 shares of the semiconductor company’s stock after selling 700 shares during the period. Swiss National Bank owned about 0.16% of Alpha and Omega Semiconductor worth $1,188,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Gagnon Securities LLC raised its holdings in Alpha and Omega Semiconductor by 0.3% in the first quarter. Gagnon Securities LLC now owns 214,761 shares of the semiconductor company’s stock worth $5,339,000 after purchasing an additional 656 shares during the period. Deutsche Bank AG grew its position in shares of 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 during the period. Charles Schwab Investment Management Inc. grew its position in shares of Alpha and Omega Semiconductor by 7.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 241,749 shares of the semiconductor company’s stock valued at $6,010,000 after acquiring an additional 16,940 shares during the period. Victory Capital Management Inc. grew its position in shares of Alpha and Omega Semiconductor by 175.5% in the 1st quarter. Victory Capital Management Inc. now owns 50,246 shares of the semiconductor company’s stock valued at $1,249,000 after acquiring an additional 32,009 shares during the period. Finally, Larson Financial Group LLC grew its position in shares of Alpha and Omega Semiconductor by 117.7% in the 1st quarter. Larson Financial Group LLC now owns 2,221 shares of the semiconductor company’s stock valued at $55,000 after acquiring an additional 1,201 shares during the period. 78.97% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently commented on AOSL shares. Benchmark decreased their price objective on shares of Alpha and Omega Semiconductor from $42.00 to $32.00 and set a “buy” rating for the company in a research report on Friday, May 9th. 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 report on Friday, July 11th. Wall Street Zen raised shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Sunday, May 11th. Finally, Stifel Nicolaus upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating and boosted their target price for the company from $18.00 to $25.00 in a research report on Tuesday, July 15th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $30.67.

Alpha and Omega Semiconductor Trading Down 2.6%

NASDAQ:AOSL opened at $28.09 on Tuesday. The firm’s fifty day moving average is $26.68 and its 200-day moving average is $25.23. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.34 and a current ratio of 2.58. Alpha and Omega Semiconductor Limited has a 52 week low of $15.90 and a 52 week high of $53.29. The firm has a market cap of $826.41 million, a P/E ratio of -8.59 and a beta of 2.14.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its earnings results on Wednesday, August 6th. The semiconductor company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.03. The business had revenue of $176.50 million for the quarter, compared to analyst estimates of $170.03 million. Alpha and Omega Semiconductor had a negative net margin of 13.93% and a negative return on equity of 0.83%. Alpha and Omega Semiconductor’s revenue was up 9.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.09 earnings per share. Equities analysts expect that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current year.

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.