Alpha DNA Investment Management LLC Makes New $556,000 Investment in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Alpha DNA Investment Management LLC purchased a new position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 17,038 shares of the semiconductor company’s stock, valued at approximately $556,000. Alpha DNA Investment Management LLC owned about 0.07% of Alpha and Omega Semiconductor at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Lazard Asset Management LLC acquired a new stake in Alpha and Omega Semiconductor in the 4th quarter worth $26,000. Dorsey Wright & Associates boosted its position in shares of Alpha and Omega Semiconductor by 135.8% during the 1st quarter. Dorsey Wright & Associates now owns 1,349 shares of the semiconductor company’s stock valued at $44,000 after acquiring an additional 777 shares in the last quarter. IFP Advisors Inc acquired a new stake in shares of Alpha and Omega Semiconductor during the 1st quarter valued at about $85,000. Citigroup Inc. boosted its position in shares of Alpha and Omega Semiconductor by 267.0% during the 4th quarter. Citigroup Inc. now owns 4,118 shares of the semiconductor company’s stock valued at $97,000 after acquiring an additional 2,996 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new stake in shares of Alpha and Omega Semiconductor during the 4th quarter valued at about $101,000. Institutional investors own 59.39% of the company’s stock.

In related news, EVP Bing Xue sold 2,660 shares of Alpha and Omega Semiconductor stock in a transaction dated Friday, March 26th. The shares were sold at an average price of $31.14, for a total transaction of $82,832.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 21.60% of the company’s stock.

Several brokerages have recently weighed in on AOSL. B. Riley lifted their target price on shares of Alpha and Omega Semiconductor from $48.00 to $52.00 and gave the company a “buy” rating in a research report on Thursday, May 6th. Zacks Investment Research upgraded shares of Alpha and Omega Semiconductor from a “hold” rating to a “strong-buy” rating and set a $33.00 target price on the stock in a research report on Monday, May 17th.

Shares of AOSL stock opened at $30.17 on Friday. Alpha and Omega Semiconductor Limited has a 12-month low of $9.88 and a 12-month high of $43.00. The company has a market cap of $787.17 million, a P/E ratio of 21.40 and a beta of 2.60. The company’s 50-day moving average price is $31.12. The company has a quick ratio of 1.12, a current ratio of 1.80 and a debt-to-equity ratio of 0.22.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings results on Tuesday, May 4th. The semiconductor company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.22. Alpha and Omega Semiconductor had a net margin of 6.39% and a return on equity of 10.65%. The firm had revenue of $169.21 million during the quarter, compared to the consensus estimate of $157.00 million. As a group, equities research analysts predict that Alpha and Omega Semiconductor Limited will post 2.19 earnings per share for the current year.

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. The company 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.

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Institutional Ownership by Quarter for Alpha and Omega Semiconductor (NASDAQ:AOSL)

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