Alpha and Omega Semiconductor Limited (AOSL) Shares Sold by California State Teachers Retirement System

California State Teachers Retirement System lowered its position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 11.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 33,193 shares of the semiconductor company’s stock after selling 4,500 shares during the quarter. California State Teachers Retirement System owned 0.14% of Alpha and Omega Semiconductor worth $553,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its stake in shares of Alpha and Omega Semiconductor by 0.6% during the second quarter. Dimensional Fund Advisors LP now owns 1,996,806 shares of the semiconductor company’s stock worth $33,287,000 after purchasing an additional 11,201 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Alpha and Omega Semiconductor by 14.6% during the second quarter. Vanguard Group Inc. now owns 1,121,894 shares of the semiconductor company’s stock worth $18,702,000 after purchasing an additional 143,303 shares in the last quarter. Renaissance Technologies LLC lifted its stake in shares of Alpha and Omega Semiconductor by 5.0% during the second quarter. Renaissance Technologies LLC now owns 968,900 shares of the semiconductor company’s stock worth $16,152,000 after purchasing an additional 46,400 shares in the last quarter. Royce & Associates LP lifted its stake in shares of Alpha and Omega Semiconductor by 45.4% during the second quarter. Royce & Associates LP now owns 818,504 shares of the semiconductor company’s stock worth $13,644,000 after purchasing an additional 255,666 shares in the last quarter. Finally, State Street Corp lifted its stake in shares of Alpha and Omega Semiconductor by 12.1% during the second quarter. State Street Corp now owns 346,165 shares of the semiconductor company’s stock worth $5,768,000 after purchasing an additional 37,279 shares in the last quarter. Hedge funds and other institutional investors own 70.52% of the company’s stock.

Alpha and Omega Semiconductor Limited (NASDAQ AOSL) opened at $17.33 on Wednesday. Alpha and Omega Semiconductor Limited has a one year low of $14.81 and a one year high of $23.62. The company has a market capitalization of $413.99, a PE ratio of 28.74 and a beta of 0.26.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its quarterly earnings results on Thursday, November 2nd. The semiconductor company reported $0.19 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.01). Alpha and Omega Semiconductor had a return on equity of 4.85% and a net margin of 3.92%. The business had revenue of $104.90 million during the quarter, compared to analyst estimates of $103.15 million. During the same quarter last year, the firm posted $0.14 EPS. The company’s revenue was up 7.0% compared to the same quarter last year. research analysts expect that Alpha and Omega Semiconductor Limited will post 0.64 earnings per share for the current fiscal year.

In related news, VP Daniel Kuang Ming Chang sold 3,398 shares of the business’s stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $18.00, for a total value of $61,164.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 21.70% of the company’s stock.

A number of brokerages have commented on AOSL. B. Riley restated a “buy” rating and set a $30.00 price objective on shares of Alpha and Omega Semiconductor in a research note on Sunday, August 13th. BidaskClub cut Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research note on Saturday. Stifel Nicolaus restated a “hold” rating and set a $18.00 price objective on shares of Alpha and Omega Semiconductor in a research note on Thursday, October 12th. Finally, Northland Securities restated a “buy” rating and set a $30.00 price objective on shares of Alpha and Omega Semiconductor in a research note on Friday, November 3rd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $25.00.

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Alpha and Omega Semiconductor 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 (NASDAQ:AOSL)

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