Alpha and Omega Semiconductor (NASDAQ:AOSL) Lowered to “Sell” Rating by StockNews.com

StockNews.com cut shares of Alpha and Omega Semiconductor (NASDAQ:AOSL) from a hold rating to a sell rating in a research report report published on Monday.

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

Alpha and Omega Semiconductor Trading Down 0.2 %

AOSL stock opened at $41.39 on Monday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.44 and a current ratio of 2.65. Alpha and Omega Semiconductor has a one year low of $19.38 and a one year high of $47.45. The company’s 50 day moving average price is $34.81 and its two-hundred day moving average price is $35.31. The company has a market capitalization of $1.20 billion, a PE ratio of -61.78 and a beta of 2.42.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued 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). The firm had revenue of $181.89 million during the quarter, compared to analysts’ expectations of $180.07 million. Alpha and Omega Semiconductor had a positive return on equity of 0.19% and a negative net margin of 2.94%. The firm’s quarterly revenue was up .7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.30 earnings per share. As a group, analysts predict that Alpha and Omega Semiconductor will post -0.67 earnings per share for the current fiscal year.

Insider Activity

In related news, COO Wenjun Li sold 2,183 shares of the business’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 transaction of $77,474.67. Following the completion of the transaction, the chief operating officer now directly owns 61,331 shares in the company, valued at approximately $2,176,637.19. The trade was a 3.44 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 16.90% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake 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 worth $46,843,000 after purchasing an additional 40,183 shares during the period. Price T Rowe Associates Inc. MD boosted its position in shares of Alpha and Omega Semiconductor by 4.8% during 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 boosted its position in shares of Alpha and Omega Semiconductor by 51.3% during 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. SG Americas Securities LLC bought a new position in shares of Alpha and Omega Semiconductor during the 2nd quarter valued at approximately $1,040,000. Finally, Gladius Capital Management LP bought a new position in shares of Alpha and Omega Semiconductor during the 2nd quarter valued at approximately $36,000. 78.97% of the stock is currently owned by institutional investors.

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.