Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Short Interest Update

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) was the target of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 935,800 shares, a growth of 6.3% from the March 31st total of 880,600 shares. Approximately 4.1% of the shares of the company are sold short. Based on an average trading volume of 132,400 shares, the short-interest ratio is currently 7.1 days.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. StockNews.com upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Wednesday, March 6th. Stifel Nicolaus cut their price target on Alpha and Omega Semiconductor from $23.00 to $21.00 and set a “sell” rating for the company in a research note on Thursday, April 18th.

Insiders Place Their Bets

In other news, EVP Bing Xue sold 1,956 shares of the business’s stock in a transaction on Monday, April 22nd. The shares were sold at an average price of $19.57, for a total transaction of $38,278.92. Following the completion of the sale, the executive vice president now owns 130,082 shares of the company’s stock, valued at approximately $2,545,704.74. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, CFO Yifan Liang sold 20,000 shares of the stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $23.31, for a total value of $466,200.00. Following the completion of the sale, the chief financial officer now directly owns 293,296 shares of the company’s stock, valued at approximately $6,836,729.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Bing Xue sold 1,956 shares of the firm’s stock in a transaction that occurred on Monday, April 22nd. The stock was sold at an average price of $19.57, for a total transaction of $38,278.92. Following the sale, the executive vice president now owns 130,082 shares in the company, valued at approximately $2,545,704.74. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 40,649 shares of company stock worth $920,392. Company insiders own 17.90% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in AOSL. Raymond James & Associates lifted its position in shares of Alpha and Omega Semiconductor by 10.0% in the third quarter. Raymond James & Associates now owns 17,977 shares of the semiconductor company’s stock worth $536,000 after buying an additional 1,632 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Alpha and Omega Semiconductor by 56.3% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,496 shares of the semiconductor company’s stock worth $164,000 after acquiring an additional 1,979 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Alpha and Omega Semiconductor during the 3rd quarter valued at approximately $310,000. Paradiem LLC boosted its position in shares of Alpha and Omega Semiconductor by 16.3% during the 3rd quarter. Paradiem LLC now owns 119,614 shares of the semiconductor company’s stock valued at $3,569,000 after acquiring an additional 16,761 shares during the last quarter. Finally, Illinois Municipal Retirement Fund purchased a new position in shares of Alpha and Omega Semiconductor in the third quarter valued at $393,000. Institutional investors own 78.97% of the company’s stock.

Alpha and Omega Semiconductor Trading Down 3.7 %

AOSL stock opened at $21.07 on Thursday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.52 and a quick ratio of 1.33. Alpha and Omega Semiconductor has a 1-year low of $19.38 and a 1-year high of $35.40. The business has a 50 day simple moving average of $21.95 and a two-hundred day simple moving average of $23.65. The company has a market capitalization of $595.86 million, a price-to-earnings ratio of -33.44 and a beta of 2.39.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its earnings results on Tuesday, February 6th. The semiconductor company reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.10) by $0.04. The firm had revenue of $165.29 million for the quarter, compared to the consensus estimate of $165.00 million. Alpha and Omega Semiconductor had a negative net margin of 2.68% and a positive return on equity of 0.64%. Research analysts anticipate that Alpha and Omega Semiconductor will post -0.5 EPS for the current fiscal year.

Alpha and Omega Semiconductor Company 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.