The Manufacturers Life Insurance Company grew its holdings in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 11.4% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 16,193 shares of the semiconductor company’s stock after acquiring an additional 1,658 shares during the quarter. The Manufacturers Life Insurance Company owned about 0.07% of Alpha and Omega Semiconductor worth $270,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in AOSL. Teachers Advisors LLC grew its stake in Alpha and Omega Semiconductor by 7.4% during the 1st quarter. Teachers Advisors LLC now owns 89,162 shares of the semiconductor company’s stock worth $1,533,000 after buying an additional 6,170 shares during the last quarter. Vanguard Group Inc. grew its stake in Alpha and Omega Semiconductor by 16.3% during the 1st quarter. Vanguard Group Inc. now owns 978,591 shares of the semiconductor company’s stock worth $16,822,000 after buying an additional 137,513 shares during the last quarter. Geode Capital Management LLC grew its stake in Alpha and Omega Semiconductor by 36.2% during the 1st quarter. Geode Capital Management LLC now owns 216,104 shares of the semiconductor company’s stock worth $3,714,000 after buying an additional 57,479 shares during the last quarter. Morgan Stanley grew its stake in Alpha and Omega Semiconductor by 55.3% during the 1st quarter. Morgan Stanley now owns 225,061 shares of the semiconductor company’s stock worth $3,869,000 after buying an additional 80,131 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in Alpha and Omega Semiconductor by 0.8% during the 1st quarter. Bank of America Corp DE now owns 130,127 shares of the semiconductor company’s stock worth $2,237,000 after buying an additional 985 shares during the last quarter. Institutional investors and hedge funds own 70.52% of the company’s stock.

Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) opened at $17.33 on Wednesday. Alpha and Omega Semiconductor Limited has a 1 year low of $14.81 and a 1 year high of $23.62. The firm has a market capitalization of $413.99, a P/E ratio of 28.74 and a beta of 0.26.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings data on Thursday, November 2nd. The semiconductor company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates 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 company had revenue of $104.90 million for the quarter, compared to analyst estimates of $103.15 million. During the same period in the previous year, the business posted $0.14 earnings per share. The firm’s revenue was up 7.0% compared to the same quarter last year. research analysts predict that Alpha and Omega Semiconductor Limited will post 0.64 EPS for the current year.

A number of research analysts recently issued reports on AOSL shares. Northland Securities restated a “buy” rating and set a $30.00 price target on shares of Alpha and Omega Semiconductor in a research note on Friday, November 3rd. B. Riley raised their price target on Alpha and Omega Semiconductor from $24.00 to $27.00 and gave the stock a “buy” rating in a research note on Friday, November 3rd. Stifel Nicolaus dropped their price target on Alpha and Omega Semiconductor from $19.00 to $18.00 and set a “hold” rating on the stock in a research note on Thursday, September 7th. Finally, BidaskClub cut Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research report on Saturday. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $25.00.

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

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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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