Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) had its price objective lowered by investment analysts at Stifel Nicolaus from $19.00 to $18.00 in a note issued to investors on Thursday, Marketbeat.com reports. The firm currently has a “hold” rating on the semiconductor company’s stock. Stifel Nicolaus’ price objective points to a potential upside of 12.15% from the company’s previous close.

A number of other research firms also recently weighed in on AOSL. Sidoti assumed coverage on shares of Alpha and Omega Semiconductor Limited in a report on Thursday, July 13th. They set a “buy” rating on the stock. B. Riley restated a “buy” rating and set a $30.00 price target on shares of Alpha and Omega Semiconductor Limited in a report on Monday, August 7th. Zacks Investment Research downgraded shares of Alpha and Omega Semiconductor Limited from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 4th. Finally, Northland Securities restated a “buy” rating and set a $30.00 price target on shares of Alpha and Omega Semiconductor Limited in a report on Thursday, July 6th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $24.75.

Alpha and Omega Semiconductor Limited (NASDAQ AOSL) traded down 2.93% during trading on Thursday, reaching $15.58. 25,795 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $16.52 and its 200 day moving average price is $17.48. The firm has a market cap of $373.80 million, a P/E ratio of 27.82 and a beta of 0.24. Alpha and Omega Semiconductor Limited has a 52-week low of $14.81 and a 52-week high of $23.93.

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) last released its quarterly earnings results on Wednesday, August 9th. The semiconductor company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.09. The business had revenue of $98 million for the quarter, compared to the consensus estimate of $97.50 million. Alpha and Omega Semiconductor Limited had a net margin of 3.61% and a return on equity of 4.80%. The business’s quarterly revenue was up 5.0% compared to the same quarter last year. Equities research analysts anticipate that Alpha and Omega Semiconductor Limited will post $1.02 EPS for the current fiscal year.

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A number of institutional investors and hedge funds have recently made changes to their positions in AOSL. SG Americas Securities LLC bought a new position in Alpha and Omega Semiconductor Limited in the 1st quarter worth $150,000. Voya Investment Management LLC bought a new position in Alpha and Omega Semiconductor Limited in the 2nd quarter worth $177,000. Los Angeles Capital Management & Equity Research Inc. bought a new position in Alpha and Omega Semiconductor Limited in the 2nd quarter worth $178,000. MARSHALL WACE ASIA Ltd bought a new position in Alpha and Omega Semiconductor Limited in the 1st quarter worth $187,000. Finally, Marshall Wace North America L.P. bought a new position in Alpha and Omega Semiconductor Limited in the 1st quarter worth $187,000. Hedge funds and other institutional investors own 70.00% of the company’s stock.

About Alpha and Omega Semiconductor Limited

Alpha and Omega Semiconductor Limited is a designer, developer and global supplier of power semiconductors. The Company’s portfolio of power semiconductors includes approximately 1,600 products, as of June 30, 2016. The Company’s product portfolio consists of two categories: power discretes and power integrated circuits (ICs).

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