Alpha and Omega Semiconductor (NASDAQ:AOSL) Cut to Sell at StockNews.com

StockNews.com lowered shares of Alpha and Omega Semiconductor (NASDAQ:AOSL) from a hold rating to a sell rating in a research note released on Wednesday.

A number of other analysts also recently weighed in on AOSL. Stifel Nicolaus cut their price target on shares of Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating for the company in a report on Wednesday, November 6th. B. Riley cut their target price on Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. Finally, Benchmark reiterated a “buy” rating and issued a $40.00 price target on shares of Alpha and Omega Semiconductor in a research note on Wednesday, November 6th.

Alpha and Omega Semiconductor Price Performance

NASDAQ:AOSL opened at $39.85 on Wednesday. Alpha and Omega Semiconductor has a 52 week low of $19.38 and a 52 week high of $53.29. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.44 and a current ratio of 2.65. The firm’s 50-day simple moving average is $40.69 and its 200 day simple moving average is $37.56. The firm has a market cap of $1.16 billion, a price-to-earnings ratio of -59.48 and a beta of 2.47.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings data 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 positive return on equity of 0.19% and a negative net margin of 2.94%. As a group, sell-side analysts predict that Alpha and Omega Semiconductor will post -0.67 earnings per share for the current year.

Insider Transactions at Alpha and Omega Semiconductor

In related news, Director Lucas S. Chang sold 12,497 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $41.46, for a total value of $518,125.62. Following the transaction, the director now owns 25,204 shares of the company’s stock, valued at approximately $1,044,957.84. This trade represents a 33.15 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Bing Xue sold 875 shares of the business’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $41.00, for a total value of $35,875.00. Following the sale, the executive vice president now directly owns 128,986 shares of the company’s stock, valued at $5,288,426. This represents a 0.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 53,124 shares of company stock valued at $2,500,685 in the last quarter. 16.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. raised its position in Alpha and Omega Semiconductor by 47.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 908 shares of the semiconductor company’s stock valued at $34,000 after buying an additional 291 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in shares of Alpha and Omega Semiconductor by 4.9% in the third quarter. BNP Paribas Financial Markets now owns 10,853 shares of the semiconductor company’s stock valued at $403,000 after purchasing an additional 508 shares during the last quarter. IFP Advisors Inc boosted its holdings in Alpha and Omega Semiconductor by 276.8% during the fourth quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 548 shares during the last quarter. Larson Financial Group LLC bought a new stake in Alpha and Omega Semiconductor in the 4th quarter worth about $38,000. Finally, HighTower Advisors LLC increased its stake in Alpha and Omega Semiconductor by 19.4% in the 4th quarter. HighTower Advisors LLC now owns 6,501 shares of the semiconductor company’s stock valued at $241,000 after buying an additional 1,054 shares during the last quarter. 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.