Alliancebernstein L.P. bought a new position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 13,600 shares of the semiconductor company’s stock, valued at approximately $227,000. Alliancebernstein L.P. owned 0.06% of Alpha and Omega Semiconductor Limited as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Royce & Associates LP boosted its position in shares of Alpha and Omega Semiconductor Limited by 45.4% during the 2nd quarter. Royce & Associates LP now owns 818,504 shares of the semiconductor company’s stock valued at $13,644,000 after acquiring an additional 255,666 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Alpha and Omega Semiconductor Limited by 16.3% during the 1st quarter. Vanguard Group Inc. now owns 978,591 shares of the semiconductor company’s stock valued at $16,822,000 after acquiring an additional 137,513 shares during the last quarter. Morgan Stanley boosted its position in shares of Alpha and Omega Semiconductor Limited by 55.3% during the 1st quarter. Morgan Stanley now owns 225,061 shares of the semiconductor company’s stock valued at $3,869,000 after acquiring an additional 80,131 shares during the last quarter. Marshall Wace North America L.P. boosted its position in shares of Alpha and Omega Semiconductor Limited by 644.3% during the 2nd quarter. Marshall Wace North America L.P. now owns 81,658 shares of the semiconductor company’s stock valued at $1,388,000 after acquiring an additional 70,687 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of Alpha and Omega Semiconductor Limited by 36.2% during the 1st quarter. Geode Capital Management LLC now owns 216,104 shares of the semiconductor company’s stock valued at $3,714,000 after acquiring an additional 57,479 shares during the last quarter. Institutional investors and hedge funds own 69.51% of the company’s stock.

In other Alpha and Omega Semiconductor Limited news, VP Daniel Kuang Ming Chang sold 3,588 shares of Alpha and Omega Semiconductor Limited stock in a transaction that occurred on Monday, October 9th. The stock was sold at an average price of $17.19, for a total value of $61,677.72. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 21.70% of the stock is owned by insiders.

A number of analysts have recently issued reports on the company. B. Riley reiterated a “buy” rating and set a $30.00 price target on shares of Alpha and Omega Semiconductor Limited in a research report on Monday, August 7th. Northland Securities reiterated a “buy” rating and set a $30.00 price target on shares of Alpha and Omega Semiconductor Limited in a research report on Friday, November 3rd. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $18.00 price target on shares of Alpha and Omega Semiconductor Limited in a research report on Thursday, October 12th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Alpha and Omega Semiconductor Limited has a consensus rating of “Buy” and a consensus price target of $25.00.

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Shares of Alpha and Omega Semiconductor Limited (AOSL) opened at $17.74 on Monday. The firm has a market capitalization of $426.43, a P/E ratio of 29.08 and a beta of 0.29. 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 announced its quarterly earnings results on Thursday, November 2nd. The semiconductor company reported $0.19 EPS for the quarter, missing the Zacks’ consensus estimate of $0.20 by ($0.01). The company had revenue of $104.90 million during the quarter, compared to analysts’ expectations of $103.15 million. Alpha and Omega Semiconductor Limited had a return on equity of 4.85% and a net margin of 3.92%. Alpha and Omega Semiconductor Limited’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same period last year, the firm earned $0.14 earnings per share. equities analysts forecast that Alpha and Omega Semiconductor Limited will post 0.64 earnings per share for the current year.

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).

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

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