Victory Capital Management Inc. Acquires 15,439 Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Victory Capital Management Inc. grew its holdings in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 551.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,237 shares of the semiconductor company's stock after purchasing an additional 15,439 shares during the period. Victory Capital Management Inc. owned approximately 0.06% of Alpha and Omega Semiconductor worth $675,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. IFP Advisors Inc grew its position 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 purchasing an additional 548 shares in the last quarter. Truvestments Capital LLC acquired a new stake in shares of Alpha and Omega Semiconductor during the 3rd quarter valued at $45,000. HighTower Advisors LLC purchased a new position in shares of Alpha and Omega Semiconductor during the 3rd quarter valued at $205,000. Intech Investment Management LLC acquired a new position in shares of Alpha and Omega Semiconductor in the third quarter worth $219,000. Finally, BNP Paribas Financial Markets increased its stake in shares of Alpha and Omega Semiconductor by 4.9% in the third quarter. BNP Paribas Financial Markets now owns 10,853 shares of the semiconductor company's stock worth $403,000 after acquiring an additional 508 shares during the last quarter. Institutional investors and hedge funds own 78.97% of the company's stock.

Alpha and Omega Semiconductor Stock Up 3.1 %

Shares of AOSL stock traded up $0.84 on Tuesday, hitting $27.82. The company's stock had a trading volume of 347,730 shares, compared to its average volume of 442,122. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.72 and a quick ratio of 1.50. The stock has a market capitalization of $818.33 million, a price-to-earnings ratio of -34.78 and a beta of 2.56. Alpha and Omega Semiconductor Limited has a fifty-two week low of $19.38 and a fifty-two week high of $53.29. The firm's fifty day moving average price is $33.74 and its 200-day moving average price is $35.82.

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

Wall Street Analysts Forecast Growth

A number of research analysts have commented on AOSL shares. StockNews.com upgraded Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a research note on Friday, March 7th. Benchmark lifted their price target on Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the company a "buy" rating in a report on Thursday, February 6th.

Insider Buying and Selling at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 1,242 shares of the business's stock in a transaction on Monday, January 13th. The shares were sold at an average price of $35.00, for a total transaction of $43,470.00. Following the completion of the transaction, the executive vice president now owns 115,368 shares of the company's stock, valued at $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 available at the SEC website. Corporate insiders own 16.90% of the company's stock.

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.