American Century Companies Inc. Has $4.02 Million Stock Position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

American Century Companies Inc. lessened its stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 54.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 108,486 shares of the semiconductor company’s stock after selling 130,727 shares during the quarter. American Century Companies Inc.’s holdings in Alpha and Omega Semiconductor were worth $4,017,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. State Street Corp raised its position in shares of Alpha and Omega Semiconductor by 33.2% in the 3rd quarter. State Street Corp now owns 1,341,290 shares of the semiconductor company’s stock valued at $49,789,000 after buying an additional 334,657 shares in the last quarter. Geode Capital Management LLC raised its position in Alpha and Omega Semiconductor by 5.7% during the third quarter. Geode Capital Management LLC now owns 578,705 shares of the semiconductor company’s stock valued at $21,486,000 after purchasing an additional 31,286 shares in the last quarter. Point72 Asset Management L.P. lifted its stake in Alpha and Omega Semiconductor by 110.1% during the third quarter. Point72 Asset Management L.P. now owns 471,535 shares of the semiconductor company’s stock worth $17,503,000 after purchasing an additional 247,051 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Alpha and Omega Semiconductor by 0.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 224,809 shares of the semiconductor company’s stock valued at $8,325,000 after purchasing an additional 1,449 shares in the last quarter. Finally, CloudAlpha Capital Management Limited Hong Kong bought a new position in shares of Alpha and Omega Semiconductor in the 4th quarter valued at $8,014,000. Institutional investors own 78.97% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Benchmark upped their price objective on Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the stock a “buy” rating in a research report on Thursday, February 6th. StockNews.com upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research note on Friday, March 7th.

Alpha and Omega Semiconductor Stock Down 8.4 %

Shares of AOSL opened at $18.48 on Friday. The stock has a market capitalization of $543.59 million, a price-to-earnings ratio of -23.10 and a beta of 2.48. Alpha and Omega Semiconductor Limited has a 52 week low of $16.38 and a 52 week high of $53.29. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.50 and a current ratio of 2.72. The stock has a fifty day moving average of $31.02 and a 200-day moving average of $35.20.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings results on Wednesday, February 5th. The semiconductor company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.26). Alpha and Omega Semiconductor had a negative net margin of 3.46% and a negative return on equity of 0.23%. As a group, sell-side analysts anticipate that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Bing Xue sold 1,242 shares of the firm’s stock in a transaction on Monday, January 13th. The stock was 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 directly owns 115,368 shares of the company’s stock, valued at $4,037,880. This trade represents a 1.07 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 16.90% of the stock is owned by corporate insiders.

Alpha and Omega Semiconductor 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.