BlackRock Inc. lessened its position in shares of Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) by 3.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,772,181 shares of the semiconductor company’s stock after selling 69,309 shares during the period. BlackRock Inc. owned about 0.07% of Alpha and Omega Semiconductor worth $18,057,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP lifted its holdings in Alpha and Omega Semiconductor by 0.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,008,613 shares of the semiconductor company’s stock worth $23,360,000 after buying an additional 8,464 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in Alpha and Omega Semiconductor by 5.2% during the 3rd quarter. Renaissance Technologies LLC now owns 1,155,700 shares of the semiconductor company’s stock worth $13,441,000 after buying an additional 57,000 shares during the last quarter. Gagnon Securities LLC lifted its holdings in Alpha and Omega Semiconductor by 22.3% during the 4th quarter. Gagnon Securities LLC now owns 777,718 shares of the semiconductor company’s stock worth $7,925,000 after buying an additional 141,973 shares during the last quarter. Gagnon Advisors LLC raised its position in shares of Alpha and Omega Semiconductor by 49.3% during the 4th quarter. Gagnon Advisors LLC now owns 528,784 shares of the semiconductor company’s stock worth $5,388,000 after purchasing an additional 174,568 shares during the period. Finally, IndexIQ Advisors LLC raised its position in shares of Alpha and Omega Semiconductor by 3.9% during the 3rd quarter. IndexIQ Advisors LLC now owns 147,136 shares of the semiconductor company’s stock worth $1,711,000 after purchasing an additional 5,557 shares during the period. 65.38% of the stock is currently owned by institutional investors.

In other news, VP Daniel Kuang Ming Chang sold 9,163 shares of the stock in a transaction that occurred on Friday, March 29th. The stock was sold at an average price of $11.00, for a total transaction of $100,793.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 21.00% of the stock is currently owned by corporate insiders.

Shares of Alpha and Omega Semiconductor stock opened at $12.11 on Tuesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.11 and a current ratio of 1.64. The company has a market cap of $291.71 million, a PE ratio of 17.81 and a beta of 0.80. Alpha and Omega Semiconductor Ltd has a twelve month low of $9.01 and a twelve month high of $16.30.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings results on Wednesday, February 6th. The semiconductor company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.15. The business had revenue of $114.90 million for the quarter, compared to analysts’ expectations of $113.40 million. Alpha and Omega Semiconductor had a return on equity of 4.98% and a net margin of 0.80%. The business’s quarterly revenue was up 10.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.32 EPS. As a group, research analysts expect that Alpha and Omega Semiconductor Ltd will post 0.58 EPS for the current year.

A number of analysts have recently weighed in on the company. Zacks Investment Research cut Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research report on Tuesday, February 12th. ValuEngine upgraded Alpha and Omega Semiconductor from a “strong sell” rating to a “sell” rating in a research report on Thursday, January 24th. Three research analysts have rated the stock with a sell rating and one has given a hold rating to the stock. The company has a consensus rating of “Sell” and a consensus target price of $14.50.

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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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