Alpha and Omega Semiconductor (NASDAQ:AOSL) Reaches New 12-Month Low – What’s Next?

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)’s share price reached a new 52-week low during mid-day trading on Friday . The company traded as low as $16.38 and last traded at $17.41, with a volume of 257019 shares. The stock had previously closed at $20.17.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on AOSL shares. StockNews.com upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Friday, March 7th. Benchmark increased their price objective on shares of Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the company a “buy” rating in a report on Thursday, February 6th.

Alpha and Omega Semiconductor Trading Down 11.3 %

The company’s 50-day moving average is $31.47 and its 200-day moving average is $35.32. The company has a quick ratio of 1.50, a current ratio of 2.72 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $526.26 million, a price-to-earnings ratio of -22.31 and a beta of 2.56.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings data on Wednesday, February 5th. The semiconductor company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.26). Alpha and Omega Semiconductor had a negative return on equity of 0.23% and a negative net margin of 3.46%. Research analysts anticipate that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Bing Xue sold 1,242 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $35.00, for a total transaction of $43,470.00. Following the completion of the sale, the executive vice president now owns 115,368 shares in the company, valued at $4,037,880. The trade was a 1.07 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 16.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. IFP Advisors Inc grew its position in shares of 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 acquiring an additional 548 shares during the last quarter. Sterling Capital Management LLC grew its position in Alpha and Omega Semiconductor by 820.7% during the 4th quarter. Sterling Capital Management LLC now owns 755 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 673 shares during the last quarter. PNC Financial Services Group Inc. grew its position in Alpha and Omega Semiconductor by 47.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 908 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 291 shares during the last quarter. Larson Financial Group LLC acquired a new position in Alpha and Omega Semiconductor in the fourth quarter valued at $38,000. Finally, CIBC Private Wealth Group LLC purchased a new stake in shares of Alpha and Omega Semiconductor in the fourth quarter valued at about $39,000. 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.