Acuitas Investments LLC Grows Stock Position in Alpha and Omega Semiconductor Limited $AOSL

Acuitas Investments LLC grew its position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 18.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 173,820 shares of the semiconductor company’s stock after buying an additional 27,447 shares during the quarter. Alpha and Omega Semiconductor accounts for approximately 3.5% of Acuitas Investments LLC’s holdings, making the stock its 8th largest position. Acuitas Investments LLC owned approximately 0.59% of Alpha and Omega Semiconductor worth $4,460,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC raised its holdings in Alpha and Omega Semiconductor by 94.7% in the 1st quarter. GAMMA Investing LLC now owns 1,221 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 594 shares during the period. Farther Finance Advisors LLC raised its holdings in Alpha and Omega Semiconductor by 953.2% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,801 shares of the semiconductor company’s stock worth $46,000 after purchasing an additional 1,630 shares during the period. CWM LLC raised its holdings in Alpha and Omega Semiconductor by 403.4% in the 2nd quarter. CWM LLC now owns 1,928 shares of the semiconductor company’s stock worth $49,000 after purchasing an additional 1,545 shares during the period. Larson Financial Group LLC raised its holdings in 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 worth $55,000 after purchasing an additional 1,201 shares during the period. Finally, Strs Ohio bought a new position in Alpha and Omega Semiconductor in the 1st quarter worth $70,000. 78.97% of the stock is owned by institutional investors.

Alpha and Omega Semiconductor Trading Up 2.6%

Shares of Alpha and Omega Semiconductor stock opened at $29.32 on Friday. The firm has a market cap of $880.86 million, a price-to-earnings ratio of -8.97 and a beta of 2.10. The business has a 50-day moving average price of $28.62 and a 200-day moving average price of $25.30. The company has a quick ratio of 1.34, a current ratio of 2.56 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.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its quarterly earnings data on Wednesday, August 6th. The semiconductor company reported $0.02 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.03. Alpha and Omega Semiconductor had a negative return on equity of 0.83% and a negative net margin of 13.93%.The company had revenue of $176.50 million for the quarter, compared to analysts’ expectations of $170.03 million. During the same period in the previous year, the firm posted $0.09 earnings per share. The firm’s revenue for the quarter was up 9.4% on a year-over-year basis. Equities research analysts anticipate that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. B. Riley raised their target price on Alpha and Omega Semiconductor from $30.00 to $35.00 and gave the stock a “buy” rating in a report on Friday, July 11th. Stifel Nicolaus raised their price target on Alpha and Omega Semiconductor from $25.00 to $29.00 and gave the company a “hold” rating in a report on Friday, October 17th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a report on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Alpha and Omega Semiconductor has an average rating of “Hold” and an average target price of $32.00.

About Alpha and Omega Semiconductor

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.