HighTower Advisors LLC Has $241,000 Stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

HighTower Advisors LLC boosted its holdings in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 19.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,501 shares of the semiconductor company’s stock after buying an additional 1,054 shares during the period. HighTower Advisors LLC’s holdings in Alpha and Omega Semiconductor were worth $241,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp raised its holdings in shares of Alpha and Omega Semiconductor by 33.2% in the 3rd quarter. State Street Corp now owns 1,341,290 shares of the semiconductor company’s stock worth $49,789,000 after buying an additional 334,657 shares in the last quarter. Point72 Asset Management L.P. raised its stake in Alpha and Omega Semiconductor by 110.1% during the third quarter. Point72 Asset Management L.P. now owns 471,535 shares of the semiconductor company’s stock worth $17,503,000 after acquiring an additional 247,051 shares in the last quarter. CloudAlpha Capital Management Limited Hong Kong acquired a new stake in shares of Alpha and Omega Semiconductor in the 4th quarter valued at $8,014,000. Barclays PLC grew its holdings in shares of Alpha and Omega Semiconductor by 367.4% in the 3rd quarter. Barclays PLC now owns 40,359 shares of the semiconductor company’s stock worth $1,498,000 after purchasing an additional 31,725 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Alpha and Omega Semiconductor by 5.7% during the 3rd quarter. Geode Capital Management LLC now owns 578,705 shares of the semiconductor company’s stock worth $21,486,000 after purchasing an additional 31,286 shares in the last quarter. Institutional investors own 78.97% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Bing Xue sold 1,242 shares of the stock in a transaction on Monday, January 13th. The stock was sold at an average price of $35.00, for a total value of $43,470.00. Following the transaction, the executive vice president now owns 115,368 shares of the company’s stock, valued at $4,037,880. This represents a 1.07 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 16.90% of the company’s stock.

Alpha and Omega Semiconductor Stock Up 3.0 %

Shares of NASDAQ AOSL opened at $25.66 on Thursday. The company has a quick ratio of 1.50, a current ratio of 2.72 and a debt-to-equity ratio of 0.03. The company has a market cap of $754.79 million, a price-to-earnings ratio of -32.08 and a beta of 2.56. Alpha and Omega Semiconductor Limited has a 12-month low of $19.38 and a 12-month high of $53.29. The firm’s 50-day simple moving average is $31.85 and its 200 day simple moving average is $35.42.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its quarterly earnings results on Wednesday, February 5th. The semiconductor company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.08 by ($0.26). Alpha and Omega Semiconductor had a negative net margin of 3.46% and a negative return on equity of 0.23%. On average, research analysts expect that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current fiscal year.

Analysts Set New Price Targets

AOSL has been the topic of several research analyst reports. Benchmark upped their price objective on shares of Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the stock a “buy” rating in a research note on Thursday, February 6th. StockNews.com upgraded Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Friday, March 7th.

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.