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

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

Several other brokerages also recently issued reports on AOSL. B. Riley reduced their price target on shares of Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating on the stock in a research report on Tuesday. Stifel Nicolaus upped their price target on shares of Alpha and Omega Semiconductor from $21.00 to $36.00 and gave the stock a “sell” rating in a research report on Thursday, July 18th.

Alpha and Omega Semiconductor Trading Up 2.1 %

Shares of AOSL stock opened at $27.34 on Tuesday. Alpha and Omega Semiconductor has a 1 year low of $19.38 and a 1 year high of $47.45. The firm’s fifty day simple moving average is $35.72 and its 200 day simple moving average is $34.01. The firm has a market capitalization of $793.13 million, a P/E ratio of -70.10 and a beta of 2.42. The company has a current ratio of 2.58, a quick ratio of 1.31 and a debt-to-equity ratio of 0.03.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.01). Alpha and Omega Semiconductor had a negative net margin of 1.69% and a negative return on equity of 0.33%. The business had revenue of $181.89 million during the quarter, compared to the consensus estimate of $180.07 million. During the same period last year, the firm earned $0.30 EPS. The company’s quarterly revenue was up .7% compared to the same quarter last year. As a group, sell-side analysts predict that Alpha and Omega Semiconductor will post -0.32 EPS for the current year.

Insider Activity

In other news, Director Lucas S. Chang sold 3,377 shares of the company’s stock in a transaction dated Friday, August 23rd. The stock was 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 of the company’s stock, valued at $1,265,304.70. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, COO Wenjun Li sold 2,183 shares of the company’s stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $35.49, for a total value of $77,474.67. Following the completion of the sale, the chief operating officer now directly owns 61,331 shares of the company’s stock, valued at $2,176,637.19. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Lucas S. Chang sold 3,377 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at approximately $1,265,304.70. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 15,560 shares of company stock valued at $562,003 in the last ninety days. 16.90% of the stock is owned by insiders.

Institutional Trading of Alpha and Omega Semiconductor

Institutional investors and hedge funds have recently modified their holdings of the stock. Gladius Capital Management LP bought a new stake in shares of Alpha and Omega Semiconductor in the 2nd quarter valued at about $36,000. Point72 DIFC Ltd bought a new stake in Alpha and Omega Semiconductor during the 2nd quarter worth approximately $47,000. Hollencrest Capital Management bought a new stake in Alpha and Omega Semiconductor during the 3rd quarter worth approximately $56,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in Alpha and Omega Semiconductor during the 2nd quarter worth approximately $62,000. Finally, Farther Finance Advisors LLC increased its stake in Alpha and Omega Semiconductor by 10,937.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,766 shares of the semiconductor company’s stock worth $66,000 after purchasing an additional 1,750 shares in the last quarter. 78.97% of the stock is 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.