Alpha and Omega Semiconductor (NASDAQ:AOSL) Stock Rating Lowered by StockNews.com

Alpha and Omega Semiconductor (NASDAQ:AOSL) was downgraded by investment analysts at StockNews.com from a “hold” rating to a “sell” rating in a note issued to investors on Friday.

Several other equities research analysts have also commented on the company. Benchmark reissued a “buy” rating and set a $40.00 price target on shares of Alpha and Omega Semiconductor in a research note on Wednesday, November 6th. B. Riley decreased their price target on Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating on the stock in a research note on Tuesday, November 5th. Finally, Stifel Nicolaus decreased their price target on Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating on the stock in a research note on Wednesday, November 6th.

Alpha and Omega Semiconductor Stock Down 4.4 %

AOSL opened at $38.63 on Friday. Alpha and Omega Semiconductor has a 52 week low of $19.38 and a 52 week high of $47.45. The business has a 50 day moving average price of $34.31 and a two-hundred day moving average price of $34.67. The company has a quick ratio of 1.44, a current ratio of 2.65 and a debt-to-equity ratio of 0.03. The company has a market cap of $1.12 billion, a PE ratio of -57.66 and a beta of 2.42.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its earnings results on Monday, November 4th. The semiconductor company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.01). Alpha and Omega Semiconductor had a positive return on equity of 0.19% and a negative net margin of 2.94%. The firm had revenue of $181.89 million during the quarter, compared to analyst estimates of $180.07 million. During the same quarter last year, the business posted $0.30 EPS. The firm’s revenue was up .7% on a year-over-year basis. As a group, research analysts anticipate that Alpha and Omega Semiconductor will post -0.67 EPS for the current year.

Insider Transactions at Alpha and Omega Semiconductor

In related news, COO Wenjun Li sold 2,183 shares of the company’s stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $35.49, for a total value of $77,474.67. Following the sale, the chief operating officer now owns 61,331 shares of the company’s stock, valued at approximately $2,176,637.19. This represents a 3.44 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 16.90% of the company’s stock.

Institutional Investors Weigh In On Alpha and Omega Semiconductor

A number of institutional investors and hedge funds have recently bought and sold shares of AOSL. Sei Investments Co. lifted its stake in Alpha and Omega Semiconductor by 51.6% in the 1st quarter. Sei Investments Co. now owns 108,301 shares of the semiconductor company’s stock valued at $2,387,000 after buying an additional 36,853 shares in the last quarter. Vanguard Group Inc. raised its holdings in Alpha and Omega Semiconductor by 1.9% in the 1st quarter. Vanguard Group Inc. now owns 2,125,356 shares of the semiconductor company’s stock valued at $46,843,000 after acquiring an additional 40,183 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in Alpha and Omega Semiconductor by 4.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 19,636 shares of the semiconductor company’s stock valued at $433,000 after acquiring an additional 893 shares during the last quarter. Public Employees Retirement System of Ohio raised its holdings in Alpha and Omega Semiconductor by 51.3% in the 1st quarter. Public Employees Retirement System of Ohio now owns 21,993 shares of the semiconductor company’s stock valued at $485,000 after acquiring an additional 7,453 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its holdings in Alpha and Omega Semiconductor by 101.8% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 199,369 shares of the semiconductor company’s stock valued at $4,394,000 after acquiring an additional 100,591 shares during the last quarter. 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.