Russell Investments Group Ltd. increased its position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 29.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 232,968 shares of the semiconductor company’s stock after buying an additional 53,282 shares during the period. Russell Investments Group Ltd. owned 0.98% of Alpha and Omega Semiconductor Limited worth $3,883,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. SG Americas Securities LLC acquired a new stake in Alpha and Omega Semiconductor Limited during the first quarter valued at about $150,000. MARSHALL WACE ASIA Ltd acquired a new stake in Alpha and Omega Semiconductor Limited during the first quarter valued at about $187,000. Marshall Wace North America L.P. acquired a new stake in Alpha and Omega Semiconductor Limited during the first quarter valued at about $187,000. American International Group Inc. raised its stake in Alpha and Omega Semiconductor Limited by 7.5% in the first quarter. American International Group Inc. now owns 11,227 shares of the semiconductor company’s stock valued at $193,000 after buying an additional 780 shares during the last quarter. Finally, Stevens Capital Management LP acquired a new stake in Alpha and Omega Semiconductor Limited during the first quarter valued at about $229,000. 71.70% of the stock is owned by institutional investors.

Alpha and Omega Semiconductor Limited (AOSL) traded down 1.29% during midday trading on Friday, hitting $15.36. 43,408 shares of the company traded hands. The firm has a market capitalization of $368.52 million, a PE ratio of 27.43 and a beta of 0.26. The stock’s 50-day moving average is $16.85 and its 200-day moving average is $17.80. Alpha and Omega Semiconductor Limited has a 12-month low of $14.81 and a 12-month high of $23.93.

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) last posted its earnings results on Wednesday, August 9th. The semiconductor company reported $0.25 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.16 by $0.09. Alpha and Omega Semiconductor Limited had a net margin of 3.61% and a return on equity of 4.80%. The firm had revenue of $98 million during the quarter, compared to analyst estimates of $97.50 million. The company’s revenue was up 5.0% on a year-over-year basis. Analysts anticipate that Alpha and Omega Semiconductor Limited will post $1.02 EPS for the current fiscal year.

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Several research firms recently issued reports on AOSL. B. Riley reaffirmed a “buy” rating and issued a $30.00 price objective on shares of Alpha and Omega Semiconductor Limited in a research note on Monday, August 7th. Sidoti began coverage on shares of Alpha and Omega Semiconductor Limited in a research note on Thursday, July 13th. They issued a “buy” rating for the company. Northland Securities reaffirmed a “buy” rating and issued a $30.00 price objective on shares of Alpha and Omega Semiconductor Limited in a research note on Thursday, July 6th. Zacks Investment Research lowered shares of Alpha and Omega Semiconductor Limited from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 4th. Finally, TheStreet raised shares of Alpha and Omega Semiconductor Limited from a “c+” rating to a “b-” rating in a research note on Friday, May 5th. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $27.00.

Alpha and Omega Semiconductor Limited Company Profile

Alpha and Omega Semiconductor Limited is a designer, developer and global supplier of power semiconductors. The Company’s portfolio of power semiconductors includes approximately 1,600 products, as of June 30, 2016. The Company’s product portfolio consists of two categories: power discretes and power integrated circuits (ICs).

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

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