Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Receives Consensus Rating of “Hold” from Analysts

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) has earned a consensus rating of “Hold” from the six brokerages that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $30.50.

A number of research analysts have recently issued reports on the company. Zacks Research upgraded Alpha and Omega Semiconductor from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Wall Street Zen lowered Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research report on Saturday, June 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research report on Monday, April 20th. B. Riley Financial increased their target price on Alpha and Omega Semiconductor from $19.00 to $25.00 and gave the company a “neutral” rating in a research report on Monday, April 13th. Finally, Needham & Company LLC assumed coverage on Alpha and Omega Semiconductor in a research report on Friday, May 1st. They set a “buy” rating and a $50.00 target price on the stock.

Alpha and Omega Semiconductor Trading Down 4.6%

Alpha and Omega Semiconductor stock opened at $45.17 on Wednesday. Alpha and Omega Semiconductor has a 12 month low of $17.01 and a 12 month high of $54.34. The stock’s 50 day simple moving average is $39.81 and its two-hundred day simple moving average is $27.93. The firm has a market cap of $1.35 billion, a PE ratio of -12.69 and a beta of 2.55.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported ($0.28) EPS for the quarter, topping the consensus estimate of ($0.34) by $0.06. Alpha and Omega Semiconductor had a negative return on equity of 4.30% and a negative net margin of 15.51%.The business had revenue of $163.79 million for the quarter, compared to analyst estimates of $160.07 million. During the same quarter in the prior year, the firm posted ($0.10) EPS. The business’s quarterly revenue was down .5% compared to the same quarter last year. On average, equities research analysts forecast that Alpha and Omega Semiconductor will post -1.5 EPS for the current year.

Insider Activity

In other news, CEO Stephen Chunping Chang sold 14,884 shares of the stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $34.47, for a total transaction of $513,051.48. Following the transaction, the chief executive officer owned 635,901 shares in the company, valued at $21,919,507.47. This trade represents a 2.29% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Yifan Liang sold 26,517 shares of the stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $30.57, for a total value of $810,624.69. Following the transaction, the chief financial officer owned 278,628 shares in the company, valued at $8,517,657.96. This trade represents a 8.69% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 57,452 shares of company stock worth $1,861,176 in the last quarter. Corporate insiders own 16.70% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Alpha and Omega Semiconductor by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,167 shares of the semiconductor company’s stock valued at $352,000 after purchasing an additional 624 shares in the last quarter. Royal Bank of Canada lifted its holdings in Alpha and Omega Semiconductor by 9.2% in the 4th quarter. Royal Bank of Canada now owns 8,938 shares of the semiconductor company’s stock valued at $177,000 after purchasing an additional 755 shares in the last quarter. Deutsche Bank AG lifted its holdings in Alpha and Omega Semiconductor by 1.8% in the 4th quarter. Deutsche Bank AG now owns 47,059 shares of the semiconductor company’s stock valued at $932,000 after purchasing an additional 844 shares in the last quarter. Franklin Resources Inc. lifted its holdings in Alpha and Omega Semiconductor by 5.5% in the 4th quarter. Franklin Resources Inc. now owns 20,281 shares of the semiconductor company’s stock valued at $402,000 after purchasing an additional 1,053 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in Alpha and Omega Semiconductor by 1.0% in the 1st quarter. Principal Financial Group Inc. now owns 120,075 shares of the semiconductor company’s stock valued at $2,661,000 after purchasing an additional 1,178 shares in the last quarter. Hedge funds and other institutional investors own 78.97% of the company’s stock.

About Alpha and Omega Semiconductor

Alpha and Omega Semiconductor Limited (NASDAQ: AOSL) is a designer and supplier of power semiconductor components used in power management applications across a range of electronic systems. The company offers a broad portfolio of discrete and integrated power devices, including power MOSFETs, rectifiers, voltage regulators, and power management ICs. These products are optimized for high efficiency, compact form factors and thermal performance, catering to the growing demands of energy-sensitive applications in computing, consumer electronics, communications and industrial markets.

Since its founding in 2000, Alpha and Omega Semiconductor has leveraged in-house design expertise and strategic partnerships with manufacturing facilities to deliver scalable, high-volume production.