Alpha and Omega Semiconductor (NASDAQ:AOSL) Rating Increased to Hold at StockNews.com

Alpha and Omega Semiconductor (NASDAQ:AOSL) was upgraded by stock analysts at StockNews.com from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

Other research analysts have also recently issued reports about the company. Benchmark upped their price objective on Alpha and Omega Semiconductor from $28.00 to $42.00 and gave the company a “buy” rating in a report on Friday, June 28th. Stifel Nicolaus upped their price objective on Alpha and Omega Semiconductor from $21.00 to $36.00 and gave the company a “sell” rating in a report on Thursday, July 18th. Finally, B. Riley upped their price objective on Alpha and Omega Semiconductor from $40.00 to $50.00 and gave the company a “buy” rating in a report on Thursday, July 11th.

Alpha and Omega Semiconductor Trading Up 5.5 %

Shares of Alpha and Omega Semiconductor stock opened at $34.39 on Tuesday. The stock has a market cap of $987.06 million, a P/E ratio of -101.15 and a beta of 2.42. The stock’s 50 day simple moving average is $38.59 and its 200-day simple moving average is $30.24. Alpha and Omega Semiconductor has a 1-year low of $19.38 and a 1-year high of $47.45. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.58 and a quick ratio of 1.31.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its earnings results on Wednesday, August 7th. The semiconductor company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.05. The business had revenue of $161.30 million for the quarter, compared to analysts’ expectations of $160.03 million. Alpha and Omega Semiconductor had a negative return on equity of 0.33% and a negative net margin of 1.69%. The business’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.08 EPS. Analysts predict that Alpha and Omega Semiconductor will post -1.06 EPS for the current fiscal year.

Insider Buying and Selling at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, CFO Yifan Liang sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $35.60, for a total value of $356,000.00. Following the sale, the chief financial officer now owns 296,294 shares of the company’s stock, valued at $10,548,066.40. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Alpha and Omega Semiconductor news, CFO Yifan Liang sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $35.60, for a total value of $356,000.00. Following the sale, the chief financial officer now owns 296,294 shares of the company’s stock, valued at $10,548,066.40. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Lucas S. Chang sold 3,377 shares of the business’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $38.06, for a total value of $128,528.62. Following the completion of the sale, the director now directly owns 33,245 shares in the company, valued at approximately $1,265,304.70. The disclosure for this sale can be found here. 17.90% of the stock is owned by corporate insiders.

Institutional Trading of Alpha and Omega Semiconductor

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Susquehanna Fundamental Investments LLC purchased a new stake in Alpha and Omega Semiconductor in the first quarter valued at approximately $616,000. Jacobs Levy Equity Management Inc. increased its position in shares of Alpha and Omega Semiconductor by 101.8% during the first quarter. Jacobs Levy Equity Management Inc. now owns 199,369 shares of the semiconductor company’s stock worth $4,394,000 after acquiring an additional 100,591 shares during the period. First Eagle Investment Management LLC increased its position in shares of Alpha and Omega Semiconductor by 18.9% during the first quarter. First Eagle Investment Management LLC now owns 446,542 shares of the semiconductor company’s stock worth $9,842,000 after acquiring an additional 71,000 shares during the period. Vanguard Group Inc. increased its position in shares of Alpha and Omega Semiconductor by 1.9% during the first quarter. Vanguard Group Inc. now owns 2,125,356 shares of the semiconductor company’s stock worth $46,843,000 after acquiring an additional 40,183 shares during the period. Finally, Wellington Management Group LLP increased its position in shares of Alpha and Omega Semiconductor by 18.9% during the fourth quarter. Wellington Management Group LLP now owns 348,703 shares of the semiconductor company’s stock worth $9,087,000 after acquiring an additional 55,403 shares during the period. Hedge funds and other institutional investors own 78.97% of the company’s stock.

Alpha and Omega Semiconductor Company 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.