GAMMA Investing LLC Grows Stock Position in Alpha and Omega Semiconductor Limited $AOSL

GAMMA Investing LLC grew its position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 177.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,385 shares of the semiconductor company’s stock after acquiring an additional 2,164 shares during the period. GAMMA Investing LLC’s holdings in Alpha and Omega Semiconductor were worth $87,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of AOSL. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Alpha and Omega Semiconductor by 20.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 67,547 shares of the semiconductor company’s stock valued at $2,501,000 after acquiring an additional 11,398 shares during the period. Wedge Capital Management L L P NC increased its position in shares of Alpha and Omega Semiconductor by 60.2% in the first quarter. Wedge Capital Management L L P NC now owns 70,951 shares of the semiconductor company’s stock valued at $1,764,000 after buying an additional 26,666 shares in the last quarter. Redwood Wealth Management Group LLC grew its stake in Alpha and Omega Semiconductor by 9.1% in the 1st quarter. Redwood Wealth Management Group LLC now owns 16,079 shares of the semiconductor company’s stock valued at $400,000 after acquiring an additional 1,342 shares during the last quarter. Acuitas Investments LLC increased its holdings in Alpha and Omega Semiconductor by 26.3% during the 1st quarter. Acuitas Investments LLC now owns 146,373 shares of the semiconductor company’s stock valued at $3,639,000 after acquiring an additional 30,473 shares in the last quarter. Finally, Principal Financial Group Inc. raised its position in Alpha and Omega Semiconductor by 4.0% during the first quarter. Principal Financial Group Inc. now owns 120,105 shares of the semiconductor company’s stock worth $2,986,000 after acquiring an additional 4,660 shares during the last quarter. Hedge funds and other institutional investors own 78.97% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Stifel Nicolaus upgraded Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating and increased their target price for the company from $18.00 to $25.00 in a report on Tuesday, July 15th. B. Riley upped their target price 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. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $30.67.

Alpha and Omega Semiconductor Stock Performance

NASDAQ:AOSL opened at $27.39 on Friday. The firm’s fifty day simple moving average is $27.77 and its 200 day simple moving average is $24.87. The company has a current ratio of 2.56, a quick ratio of 1.34 and a debt-to-equity ratio of 0.02. Alpha and Omega Semiconductor Limited has a twelve month low of $15.90 and a twelve month high of $53.29. The firm has a market capitalization of $822.88 million, a price-to-earnings ratio of -8.38 and a beta of 2.10.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its quarterly earnings data on Wednesday, August 6th. The semiconductor company reported $0.02 EPS for the quarter, beating 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 return on equity of 0.83% and a negative net margin of 13.93%.The firm’s revenue was up 9.4% compared to the same quarter last year. During the same period last year, the company posted $0.09 earnings per share. As a group, equities research analysts expect that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current fiscal 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.