Schwab Charles Investment Management Inc. increased its holdings in shares of Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) by 14.2% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 44,243 shares of the semiconductor company’s stock after acquiring an additional 5,500 shares during the period. Schwab Charles Investment Management Inc.’s holdings in Alpha and Omega Semiconductor were worth $631,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of AOSL. A.R.T. Advisors LLC acquired a new stake in shares of Alpha and Omega Semiconductor during the 1st quarter valued at about $167,000. Engineers Gate Manager LP acquired a new stake in shares of Alpha and Omega Semiconductor during the 2nd quarter valued at about $195,000. Virginia Retirement Systems ET AL acquired a new stake in shares of Alpha and Omega Semiconductor during the 2nd quarter valued at about $276,000. Strs Ohio boosted its holdings in Alpha and Omega Semiconductor by 9.5% in the 2nd quarter. Strs Ohio now owns 47,200 shares of the semiconductor company’s stock worth $672,000 after buying an additional 4,100 shares during the last quarter. Finally, California Public Employees Retirement System boosted its holdings in Alpha and Omega Semiconductor by 5.3% in the 1st quarter. California Public Employees Retirement System now owns 105,593 shares of the semiconductor company’s stock worth $1,631,000 after buying an additional 5,293 shares during the last quarter. Hedge funds and other institutional investors own 65.29% of the company’s stock.

AOSL stock opened at $10.15 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.26 and a current ratio of 1.84. Alpha and Omega Semiconductor Ltd has a 12-month low of $9.65 and a 12-month high of $18.72. The stock has a market capitalization of $251.60 million, a P/E ratio of 15.72 and a beta of 0.25.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings data on Wednesday, August 8th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.22. Alpha and Omega Semiconductor had a return on equity of 5.34% and a net margin of 3.38%. The company had revenue of $109.90 million for the quarter, compared to analysts’ expectations of $108.43 million. During the same period in the previous year, the firm posted $0.25 EPS. Alpha and Omega Semiconductor’s revenue was up 12.1% compared to the same quarter last year. As a group, analysts expect that Alpha and Omega Semiconductor Ltd will post 0.85 earnings per share for the current year.

Several equities research analysts recently issued reports on the company. Zacks Investment Research cut Alpha and Omega Semiconductor from a “buy” rating to a “hold” rating in a report on Tuesday, October 9th. ValuEngine cut Alpha and Omega Semiconductor from a “sell” rating to a “strong sell” rating in a report on Wednesday, September 12th. BidaskClub cut Alpha and Omega Semiconductor from a “sell” rating to a “strong sell” rating in a report on Thursday, August 2nd. Finally, TheStreet cut Alpha and Omega Semiconductor from a “b-” rating to a “c+” rating in a report on Monday, July 16th. Three investment analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company’s stock. Alpha and Omega Semiconductor currently has a consensus rating of “Hold” and an average price target of $21.50.

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 worldwide. The company offers power discrete products, such as metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors.

Read More: Dollar Cost Averaging

Want to see what other hedge funds are holding AOSL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL).

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

Receive News & Ratings for Alpha and Omega Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alpha and Omega Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.