Parametric Portfolio Associates LLC Sells 30,325 Shares of Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL)

Parametric Portfolio Associates LLC lessened its stake in shares of Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) by 53.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,078 shares of the semiconductor company’s stock after selling 30,325 shares during the quarter. Parametric Portfolio Associates LLC owned about 0.11% of Alpha and Omega Semiconductor worth $244,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. lifted its position in shares of Alpha and Omega Semiconductor by 5.2% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 47,743 shares of the semiconductor company’s stock worth $446,000 after buying an additional 2,347 shares in the last quarter. Strs Ohio grew its stake in Alpha and Omega Semiconductor by 7.5% in the 2nd quarter. Strs Ohio now owns 57,400 shares of the semiconductor company’s stock valued at $536,000 after buying an additional 4,000 shares in the last quarter. Grantham Mayo Van Otterloo & Co. LLC grew its stake in Alpha and Omega Semiconductor by 65.6% in the 2nd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 67,900 shares of the semiconductor company’s stock valued at $634,000 after buying an additional 26,900 shares in the last quarter. Foresters Investment Management Company Inc. grew its stake in Alpha and Omega Semiconductor by 22.8% in the 2nd quarter. Foresters Investment Management Company Inc. now owns 82,900 shares of the semiconductor company’s stock valued at $774,000 after buying an additional 15,400 shares in the last quarter. Finally, Mork Capital Management LLC grew its stake in Alpha and Omega Semiconductor by 22.4% in the 2nd quarter. Mork Capital Management LLC now owns 208,000 shares of the semiconductor company’s stock valued at $1,943,000 after buying an additional 38,000 shares in the last quarter. 62.28% of the stock is currently owned by institutional investors.

Shares of NASDAQ AOSL traded up $0.28 during midday trading on Friday, hitting $12.47. 119,200 shares of the company traded hands, compared to its average volume of 96,040. The stock has a 50-day moving average price of $12.66 and a 200 day moving average price of $10.91. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.03 and a current ratio of 1.66. Alpha and Omega Semiconductor Ltd has a 12-month low of $8.22 and a 12-month high of $13.87. The firm has a market cap of $297.05 million, a P/E ratio of 17.81 and a beta of 1.06.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.26 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.01. The company had revenue of $117.80 million for the quarter, compared to analyst estimates of $116.97 million. Alpha and Omega Semiconductor had a net margin of 0.10% and a return on equity of 3.50%. The firm’s revenue was up 2.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.10 earnings per share. As a group, equities analysts expect that Alpha and Omega Semiconductor Ltd will post 0.59 earnings per share for the current year.

A number of research analysts recently weighed in on AOSL shares. ValuEngine lowered shares of Alpha and Omega Semiconductor from a “sell” rating to a “strong sell” rating in a research note on Wednesday, October 2nd. BidaskClub downgraded shares of Alpha and Omega Semiconductor from a “buy” rating to a “hold” rating in a report on Thursday, October 24th. B. Riley boosted their price target on shares of Alpha and Omega Semiconductor from $18.00 to $21.00 and gave the stock a “buy” rating in a research note on Monday, September 16th. Zacks Investment Research raised shares of Alpha and Omega Semiconductor from a “hold” rating to a “buy” rating and set a $14.00 price target for the company in a research note on Friday. Finally, Loop Capital set a $18.00 price target on shares of Alpha and Omega Semiconductor and gave the stock a “buy” rating in a research note on Tuesday, September 17th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. Alpha and Omega Semiconductor presently has an average rating of “Hold” and a consensus target price of $17.67.

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 worldwide. The company offers power discrete products, such as metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors.

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

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