Russell Investments Group Ltd. Lowers Holdings in Alpha and Omega Semiconductor Ltd (AOSL)

Russell Investments Group Ltd. lessened its stake in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) by 22.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,000 shares of the semiconductor company’s stock after selling 5,917 shares during the quarter. Russell Investments Group Ltd.’s holdings in Alpha and Omega Semiconductor were worth $285,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. A.R.T. Advisors LLC acquired a new position in Alpha and Omega Semiconductor during the first quarter worth $167,000. Engineers Gate Manager LP acquired a new position in shares of Alpha and Omega Semiconductor in the second quarter valued at $195,000. Virginia Retirement Systems ET AL bought a new stake in shares of Alpha and Omega Semiconductor in the second quarter valued at about $276,000. Swiss National Bank boosted its position in shares of Alpha and Omega Semiconductor by 13.1% in the first quarter. Swiss National Bank now owns 34,580 shares of the semiconductor company’s stock valued at $534,000 after acquiring an additional 4,000 shares during the period. Finally, Strs Ohio boosted its position in shares of Alpha and Omega Semiconductor by 9.5% in the second quarter. Strs Ohio now owns 47,200 shares of the semiconductor company’s stock valued at $672,000 after acquiring an additional 4,100 shares during the period. Hedge funds and other institutional investors own 65.29% of the company’s stock.

AOSL opened at $9.97 on Tuesday. Alpha and Omega Semiconductor Ltd has a twelve month low of $9.81 and a twelve month high of $18.72. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.84 and a quick ratio of 1.26. The stock has a market cap of $277.52 million, a P/E ratio of 14.66 and a beta of 0.25.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings data on Wednesday, August 8th. The semiconductor company reported $0.31 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.22. Alpha and Omega Semiconductor had a net margin of 3.38% and a return on equity of 5.34%. The business had revenue of $109.90 million during the quarter, compared to analysts’ expectations of $108.43 million. During the same quarter in the prior year, the business posted $0.25 earnings per share. Alpha and Omega Semiconductor’s revenue was up 12.1% compared to the same quarter last year. As a group, analysts anticipate that Alpha and Omega Semiconductor Ltd will post 0.85 EPS for the current fiscal year.

AOSL has been the subject of a number of recent research reports. BidaskClub cut shares of Alpha and Omega Semiconductor from a “buy” rating to a “hold” rating in a research report on Wednesday, June 27th. Zacks Investment Research cut shares of Alpha and Omega Semiconductor from a “buy” rating to a “hold” rating in a research report on Tuesday, July 3rd. ValuEngine cut shares of Alpha and Omega Semiconductor from a “sell” rating to a “strong sell” rating in a research report on Thursday, July 12th. Finally, TheStreet cut shares of Alpha and Omega Semiconductor from a “b-” rating to a “c+” rating in a research report on Monday, July 16th. Three research analysts have rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $21.50.

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 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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