Alpha and Omega Semiconductor Ltd (AOSL) Shares Bought by Strs Ohio

Share on StockTwits

Strs Ohio lifted its stake in shares of Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) by 9.5% during the 2nd quarter, Holdings Channel reports. The firm owned 47,200 shares of the semiconductor company’s stock after buying an additional 4,100 shares during the quarter. Strs Ohio’s holdings in Alpha and Omega Semiconductor were worth $672,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. A.R.T. Advisors LLC bought a new position in shares of Alpha and Omega Semiconductor during the first quarter worth about $167,000. Engineers Gate Manager LP bought a new position in shares of Alpha and Omega Semiconductor during the second quarter worth about $195,000. Campbell & CO Investment Adviser LLC bought a new position in shares of Alpha and Omega Semiconductor during the first quarter worth about $204,000. Victory Capital Management Inc. bought a new position in shares of Alpha and Omega Semiconductor during the first quarter worth about $245,000. Finally, Virginia Retirement Systems ET AL bought a new position in shares of Alpha and Omega Semiconductor during the second quarter worth about $276,000. 65.30% of the stock is currently owned by institutional investors and hedge funds.

In other Alpha and Omega Semiconductor news, VP Daniel Kuang Ming Chang sold 9,481 shares of the firm’s stock in a transaction dated Tuesday, June 19th. The shares were sold at an average price of $15.92, for a total value of $150,937.52. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 21.70% of the company’s stock.

A number of equities analysts have issued reports on the stock. BidaskClub raised shares of Alpha and Omega Semiconductor from a “hold” rating to a “buy” rating in a report on Thursday, May 31st. Stifel Nicolaus cut shares of Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating and cut their target price for the stock from $16.00 to $13.00 in a report on Monday, May 14th. Zacks Investment Research raised shares of Alpha and Omega Semiconductor from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a report on Tuesday, May 8th. TheStreet cut shares of Alpha and Omega Semiconductor from a “b-” rating to a “c+” rating in a report on Monday, July 16th. Finally, ValuEngine cut shares of Alpha and Omega Semiconductor from a “sell” rating to a “strong sell” rating in a report on Thursday, July 12th. Three equities research analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $21.50.

Shares of NASDAQ AOSL opened at $14.21 on Wednesday. The company has a current ratio of 1.84, a quick ratio of 1.26 and a debt-to-equity ratio of 0.20. Alpha and Omega Semiconductor Ltd has a 52-week low of $12.92 and a 52-week high of $18.72. The stock has a market capitalization of $339.09 million, a price-to-earnings ratio of 21.21 and a beta of 0.30.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its earnings results on Wednesday, August 8th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.22. Alpha and Omega Semiconductor had a net margin of 3.38% and a return on equity of 5.34%. The firm had revenue of $109.90 million for the quarter, compared to analysts’ expectations of $108.43 million. During the same quarter last year, the company posted $0.25 earnings per share. Alpha and Omega Semiconductor’s revenue was up 12.1% on a year-over-year basis. analysts anticipate that Alpha and Omega Semiconductor Ltd will post 0.85 EPS for the current fiscal year.

Alpha and Omega Semiconductor Profile

Alpha and Omega Semiconductor Limited and its subsidiaries design, develop, and supply various power semiconductors. It offers various power discrete products, including low, medium, and high voltage power metal-oxide-semiconductor field-effect transistors (MOSFETs); and SRFETs, XSFET, electrostatic discharges, protected MOSFETs, and insulated gate bipolar transistors, which are used for routing current and switching voltages in power control circuits.

Featured Article: Asset Allocation, Balancing Your Investments

Want to see what other hedge funds are holding AOSL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL).

Institutional Ownership by Quarter for Alpha and Omega Semiconductor (NASDAQ:AOSL)

Receive News & Ratings for Alpha and Omega Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alpha and Omega Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply