Farther Finance Advisors LLC Has $46,000 Holdings in Alpha and Omega Semiconductor Limited $AOSL

Farther Finance Advisors LLC grew its position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 953.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,801 shares of the semiconductor company’s stock after buying an additional 1,630 shares during the quarter. Farther Finance Advisors LLC’s holdings in Alpha and Omega Semiconductor were worth $46,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in AOSL. GAMMA Investing LLC raised its position in Alpha and Omega Semiconductor by 94.7% during the first quarter. GAMMA Investing LLC now owns 1,221 shares of the semiconductor company’s stock valued at $30,000 after acquiring an additional 594 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Alpha and Omega Semiconductor by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,167 shares of the semiconductor company’s stock worth $352,000 after purchasing an additional 624 shares during the last quarter. Gagnon Securities LLC raised its holdings in shares of Alpha and Omega Semiconductor by 0.3% during the 1st quarter. Gagnon Securities LLC now owns 214,761 shares of the semiconductor company’s stock valued at $5,339,000 after purchasing an additional 656 shares in the last quarter. Royal Bank of Canada lifted its stake in shares of Alpha and Omega Semiconductor by 7.4% in the 1st quarter. Royal Bank of Canada now owns 11,939 shares of the semiconductor company’s stock valued at $297,000 after purchasing an additional 820 shares during the last quarter. Finally, Larson Financial Group LLC lifted its stake 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 purchasing an additional 1,201 shares during the last quarter. Institutional investors own 78.97% of the company’s stock.

Alpha and Omega Semiconductor Stock Performance

AOSL opened at $28.04 on Tuesday. The stock’s 50 day simple moving average is $27.79 and its 200-day simple moving average is $24.86. The company has a current ratio of 2.56, a quick ratio of 1.34 and a debt-to-equity ratio of 0.02. The stock has a market cap of $842.32 million, a PE ratio of -8.57 and a beta of 2.10. Alpha and Omega Semiconductor Limited has a 1 year low of $15.90 and a 1 year high of $53.29.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings results on Wednesday, August 6th. The semiconductor company reported $0.02 earnings per share 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 firm had revenue of $176.50 million for the quarter, compared to the consensus estimate of $170.03 million. During the same quarter in the previous year, the company earned $0.09 earnings per share. The business’s revenue was up 9.4% compared to the same quarter last year. Sell-side analysts forecast that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current year.

Wall Street Analyst Weigh In

AOSL has been the topic of a number of recent analyst reports. Stifel Nicolaus raised Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating and raised their price objective for the company from $18.00 to $25.00 in a research note on Tuesday, July 15th. B. Riley increased their price target on Alpha and Omega Semiconductor from $30.00 to $35.00 and gave the company a “buy” rating in a report on Friday, July 11th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research note on Saturday, September 27th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average 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.