Alpha and Omega Semiconductor Limited $AOSL Shares Sold by American Century Companies Inc.

American Century Companies Inc. trimmed its holdings in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 51.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 52,602 shares of the semiconductor company’s stock after selling 55,884 shares during the quarter. American Century Companies Inc. owned approximately 0.18% of Alpha and Omega Semiconductor worth $1,308,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. GAMMA Investing LLC boosted its stake in Alpha and Omega Semiconductor by 94.7% during the 1st quarter. GAMMA Investing LLC now owns 1,221 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 594 shares during the period. Larson Financial Group LLC raised its holdings in shares of Alpha and Omega Semiconductor by 117.7% in the first quarter. Larson Financial Group LLC now owns 2,221 shares of the semiconductor company’s stock valued at $55,000 after buying an additional 1,201 shares during the last quarter. ProShare Advisors LLC acquired a new stake in shares of Alpha and Omega Semiconductor during the fourth quarter worth about $266,000. Pacific Point Advisors LLC acquired a new stake in shares of Alpha and Omega Semiconductor during the fourth quarter worth about $296,000. Finally, Redwood Wealth Management Group LLC grew its holdings in shares of Alpha and Omega Semiconductor by 9.1% during the first quarter. Redwood Wealth Management Group LLC now owns 16,079 shares of the semiconductor company’s stock worth $400,000 after buying an additional 1,342 shares during the last quarter. Hedge funds and other institutional investors own 78.97% of the company’s stock.

Alpha and Omega Semiconductor Trading Down 1.8%

NASDAQ:AOSL opened at $28.26 on Wednesday. Alpha and Omega Semiconductor Limited has a 1 year low of $15.90 and a 1 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 2.56. The stock has a fifty day moving average price of $27.24 and a two-hundred day moving average price of $25.04. The stock has a market capitalization of $848.08 million, a price-to-earnings ratio of -8.64 and a beta of 2.11.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its earnings results on Wednesday, August 6th. The semiconductor company reported $0.02 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.03. The company 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%. The business’s revenue was up 9.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.09 EPS. As a group, sell-side analysts anticipate that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current fiscal year.

Analysts Set New Price Targets

AOSL has been the subject of several analyst reports. Benchmark reduced their price objective on Alpha and Omega Semiconductor from $42.00 to $32.00 and set a “buy” rating for the company in a research note on Friday, May 9th. Stifel Nicolaus upgraded Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating and upped their price target for the stock from $18.00 to $25.00 in a research note on Tuesday, July 15th. B. Riley lifted 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. Finally, Wall Street Zen raised shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research note on Sunday, May 11th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Alpha and Omega Semiconductor presently has a consensus rating of “Moderate Buy” and a consensus price target of $30.67.

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.