Alpha and Omega Semiconductor Limited $AOSL Stake Boosted by Acuitas Investments LLC

Acuitas Investments LLC grew its position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 38.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 240,920 shares of the semiconductor company’s stock after purchasing an additional 67,100 shares during the quarter. Alpha and Omega Semiconductor makes up about 4.3% of Acuitas Investments LLC’s investment portfolio, making the stock its 2nd largest holding. Acuitas Investments LLC’s holdings in Alpha and Omega Semiconductor were worth $6,736,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hantz Financial Services Inc. lifted its position in shares of Alpha and Omega Semiconductor by 634.8% in the third quarter. Hantz Financial Services Inc. now owns 1,036 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 895 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of Alpha and Omega Semiconductor by 49.0% during the second quarter. PNC Financial Services Group Inc. now owns 1,533 shares of the semiconductor company’s stock worth $39,000 after purchasing an additional 504 shares in the last quarter. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Alpha and Omega Semiconductor during the third quarter worth about $62,000. CWM LLC raised its stake in Alpha and Omega Semiconductor by 20.0% during the 3rd quarter. CWM LLC now owns 2,314 shares of the semiconductor company’s stock valued at $65,000 after purchasing an additional 386 shares during the period. Finally, Strs Ohio bought a new stake in Alpha and Omega Semiconductor during the 1st quarter valued at approximately $70,000. 78.97% of the stock is owned by hedge funds and other institutional investors.

Alpha and Omega Semiconductor Price Performance

NASDAQ AOSL opened at $21.22 on Wednesday. The stock’s fifty day moving average price is $21.77 and its 200 day moving average price is $23.63. Alpha and Omega Semiconductor Limited has a 1 year low of $15.90 and a 1 year high of $33.01. The company has a market cap of $631.51 million, a price-to-earnings ratio of -6.12 and a beta of 1.99.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its quarterly earnings results on Thursday, February 5th. The semiconductor company reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.08). The firm had revenue of $162.26 million for the quarter, compared to analyst estimates of $160.67 million. Alpha and Omega Semiconductor had a negative return on equity of 3.78% and a negative net margin of 15.06%.The business’s revenue was down 6.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.09 EPS. Research analysts expect that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current year.

Insider Activity at Alpha and Omega Semiconductor

In other news, Director Mike F. Chang bought 33,727 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The stock was purchased at an average price of $19.00 per share, with a total value of $640,813.00. Following the completion of the acquisition, the director directly owned 4,369,574 shares of the company’s stock, valued at $83,021,906. This trade represents a 0.78% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 16.70% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on AOSL shares. Weiss Ratings restated a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research note on Wednesday, January 21st. Wall Street Zen cut shares of Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a research report on Saturday, February 7th. Zacks Research lowered shares of Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 10th. Finally, Stifel Nicolaus cut their target price on shares of Alpha and Omega Semiconductor from $24.00 to $22.00 and set a “hold” rating for the company in a research note on Friday, February 6th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Alpha and Omega Semiconductor currently has an average rating of “Reduce” and a consensus target price of $23.67.

About Alpha and Omega Semiconductor

Alpha and Omega Semiconductor Limited (NASDAQ: AOSL) is a designer and supplier of power semiconductor components used in power management applications across a range of electronic systems. The company offers a broad portfolio of discrete and integrated power devices, including power MOSFETs, rectifiers, voltage regulators, and power management ICs. These products are optimized for high efficiency, compact form factors and thermal performance, catering to the growing demands of energy-sensitive applications in computing, consumer electronics, communications and industrial markets.

Since its founding in 2000, Alpha and Omega Semiconductor has leveraged in-house design expertise and strategic partnerships with manufacturing facilities to deliver scalable, high-volume production.