American Century Companies Inc. Cuts Stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

American Century Companies Inc. decreased its position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 54.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 108,486 shares of the semiconductor company's stock after selling 130,727 shares during the period. American Century Companies Inc. owned about 0.37% of Alpha and Omega Semiconductor worth $4,017,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Virtu Financial LLC acquired a new position in shares of Alpha and Omega Semiconductor during the 4th quarter worth $268,000. Harvest Fund Management Co. Ltd acquired a new position in Alpha and Omega Semiconductor during the fourth quarter worth about $901,000. Intech Investment Management LLC increased its holdings in Alpha and Omega Semiconductor by 48.7% in the fourth quarter. Intech Investment Management LLC now owns 8,791 shares of the semiconductor company's stock valued at $326,000 after buying an additional 2,881 shares in the last quarter. Swiss National Bank lifted its position in shares of Alpha and Omega Semiconductor by 2.5% during the 4th quarter. Swiss National Bank now owns 48,500 shares of the semiconductor company's stock valued at $1,796,000 after acquiring an additional 1,200 shares during the period. Finally, HighTower Advisors LLC lifted its position in shares of Alpha and Omega Semiconductor by 19.4% during the 4th quarter. HighTower Advisors LLC now owns 6,501 shares of the semiconductor company's stock valued at $241,000 after acquiring an additional 1,054 shares during the period. 78.97% of the stock is currently owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Benchmark raised their price objective on Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the company 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.

Alpha and Omega Semiconductor Price Performance

Shares of AOSL traded down $3.37 during mid-day trading on Thursday, reaching $19.47. 522,763 shares of the company's stock were exchanged, compared to its average volume of 470,412. The company has a quick ratio of 1.50, a current ratio of 2.72 and a debt-to-equity ratio of 0.03. Alpha and Omega Semiconductor Limited has a 52-week low of $16.38 and a 52-week high of $53.29. The company has a market cap of $572.71 million, a price-to-earnings ratio of -24.34 and a beta of 2.48. The company has a 50-day simple moving average of $29.00 and a two-hundred day simple moving average of $34.58.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The semiconductor company reported ($0.18) earnings per share (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, sell-side analysts predict that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current fiscal year.

Insider Buying and Selling at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 1,242 shares of Alpha and Omega Semiconductor stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $35.00, for a total value of $43,470.00. Following the completion of the sale, the executive vice president now directly owns 115,368 shares of the company's stock, valued at approximately $4,037,880. The trade was a 1.07 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 16.90% of the stock is owned by insiders.

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 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.