Virtu Financial LLC Invests $268,000 in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Virtu Financial LLC purchased a new position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 7,241 shares of the semiconductor company’s stock, valued at approximately $268,000.

Other hedge funds have also recently added to or reduced their stakes in the company. IFP Advisors Inc boosted its position in shares of Alpha and Omega Semiconductor by 276.8% during the 4th quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 548 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Alpha and Omega Semiconductor by 47.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 908 shares of the semiconductor company’s stock valued at $34,000 after purchasing an additional 291 shares during the period. Larson Financial Group LLC purchased a new stake in Alpha and Omega Semiconductor during the fourth quarter worth about $38,000. HighTower Advisors LLC acquired a new position in Alpha and Omega Semiconductor during the third quarter worth about $205,000. Finally, Intech Investment Management LLC purchased a new position in Alpha and Omega Semiconductor in the third quarter valued at about $219,000. Institutional investors and hedge funds own 78.97% of the company’s stock.

Insider Transactions at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 1,242 shares of the firm’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $35.00, for a total transaction of $43,470.00. Following the sale, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 16.90% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. StockNews.com upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Friday, March 7th. Benchmark boosted their target price 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.

Alpha and Omega Semiconductor Price Performance

Shares of NASDAQ AOSL opened at $26.03 on Friday. The company has a current ratio of 2.72, a quick ratio of 1.50 and a debt-to-equity ratio of 0.03. The stock has a market cap of $765.67 million, a price-to-earnings ratio of -32.54 and a beta of 2.56. The company’s 50-day moving average price is $32.86 and its 200 day moving average price is $35.62. Alpha and Omega Semiconductor Limited has a 52 week low of $19.38 and a 52 week high of $53.29.

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

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.