First Eagle Investment Management LLC Sells 150,908 Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

First Eagle Investment Management LLC lowered its position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 32.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 315,408 shares of the semiconductor company's stock after selling 150,908 shares during the period. First Eagle Investment Management LLC owned 1.09% of Alpha and Omega Semiconductor worth $11,680,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. IFP Advisors Inc grew its stake in Alpha and Omega Semiconductor by 276.8% during the fourth quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company's stock valued at $28,000 after acquiring an additional 548 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in Alpha and Omega Semiconductor by 47.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 908 shares of the semiconductor company's stock valued at $34,000 after acquiring an additional 291 shares in the last quarter. Larson Financial Group LLC bought a new stake in Alpha and Omega Semiconductor during the fourth quarter valued at approximately $38,000. Truvestments Capital LLC bought a new stake in Alpha and Omega Semiconductor during the third quarter valued at approximately $45,000. Finally, HighTower Advisors LLC bought a new stake in Alpha and Omega Semiconductor during the third quarter valued at approximately $205,000. Hedge funds and other institutional investors own 78.97% of the company's stock.

Alpha and Omega Semiconductor Trading Up 1.6 %

Shares of AOSL traded up $0.44 during mid-day trading on Wednesday, reaching $27.29. The company's stock had a trading volume of 350,516 shares, compared to its average volume of 437,353. The company has a current ratio of 2.72, a quick ratio of 1.50 and a debt-to-equity ratio of 0.03. Alpha and Omega Semiconductor Limited has a 52 week low of $19.38 and a 52 week high of $53.29. The company's fifty day moving average price is $34.58 and its two-hundred day moving average price is $36.11. The stock has a market cap of $802.74 million, a PE ratio of -34.11 and a beta of 2.56.

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Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last issued its 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 return on equity of 0.23% and a negative net margin of 3.46%. On average, analysts predict that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on AOSL. Benchmark boosted 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 report on Thursday, February 6th. StockNews.com upgraded shares of Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a report on Friday, March 7th.

Insiders Place Their Bets

In related news, EVP Bing Xue sold 1,242 shares of the stock in a transaction dated 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 transaction, the executive vice president now directly owns 115,368 shares in the company, valued at $4,037,880. This trade represents a 1.07 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 16.90% of the company's stock.

Alpha and Omega Semiconductor 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.