Oberweis Asset Management Inc. Sells 27,000 Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Oberweis Asset Management Inc. reduced its position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 13.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 177,700 shares of the semiconductor company's stock after selling 27,000 shares during the quarter. Oberweis Asset Management Inc. owned 0.61% of Alpha and Omega Semiconductor worth $6,580,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of AOSL. Hood River Capital Management LLC bought a new stake in shares of Alpha and Omega Semiconductor in the 4th quarter worth $42,162,000. CloudAlpha Capital Management Limited Hong Kong bought a new position in shares of Alpha and Omega Semiconductor during the fourth quarter valued at $8,014,000. Renaissance Technologies LLC boosted its position in shares of Alpha and Omega Semiconductor by 162.3% during the fourth quarter. Renaissance Technologies LLC now owns 132,200 shares of the semiconductor company's stock valued at $4,895,000 after buying an additional 81,800 shares during the last quarter. Wellington Management Group LLP increased its holdings in Alpha and Omega Semiconductor by 12.4% in the 4th quarter. Wellington Management Group LLP now owns 633,345 shares of the semiconductor company's stock worth $23,453,000 after buying an additional 70,100 shares in the last quarter. Finally, Hel Ved Capital Management Ltd purchased a new position in Alpha and Omega Semiconductor in the 4th quarter worth about $2,523,000. 78.97% of the stock is owned by hedge funds and other institutional investors.

Alpha and Omega Semiconductor Stock Performance

Shares of NASDAQ AOSL traded down $0.39 during midday trading on Monday, hitting $19.04. 342,726 shares of the company's stock traded hands, compared to its average volume of 499,420. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.50 and a current ratio of 2.72. The stock has a market capitalization of $560.06 million, a price-to-earnings ratio of -23.80 and a beta of 2.48. The firm has a fifty day moving average of $24.68 and a 200 day moving average of $33.16. Alpha and Omega Semiconductor Limited has a 1 year low of $15.90 and a 1 year high of $53.29.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last announced its earnings results on Wednesday, February 5th. The semiconductor company reported ($0.18) EPS for the quarter, missing analysts' consensus estimates 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, analysts forecast that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on AOSL shares. Benchmark lifted their price target 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 raised shares of Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a research report on Friday. Finally, Stifel Nicolaus lowered their price target on Alpha and Omega Semiconductor from $30.00 to $18.00 and set a "sell" rating on the stock in a report on Thursday, April 17th.

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.