Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) had its price objective lifted by B. Riley from $24.00 to $27.00 in a research report issued to clients and investors on Friday. The brokerage currently has a “buy” rating on the semiconductor company’s stock. B. Riley’s price objective indicates a potential upside of 45.01% from the company’s current price.

Other analysts have also recently issued reports about the company. Stifel Nicolaus reissued a “hold” rating and issued a $18.00 target price on shares of Alpha and Omega Semiconductor Limited in a research report on Thursday, October 12th. Sidoti began coverage on Alpha and Omega Semiconductor Limited in a research report on Thursday, July 13th. They issued a “buy” rating for the company. Finally, Northland Securities reissued a “buy” rating and issued a $30.00 target price on shares of Alpha and Omega Semiconductor Limited in a research 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. Alpha and Omega Semiconductor Limited presently has a consensus rating of “Buy” and an average target price of $25.00.

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) last announced its earnings results on Thursday, November 2nd. The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). The firm had revenue of $104.90 million during the quarter, compared to analyst estimates of $103.15 million. Alpha and Omega Semiconductor Limited had a net margin of 3.61% and a return on equity of 4.76%. The firm’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period last year, the company earned $0.14 earnings per share.

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In other Alpha and Omega Semiconductor Limited news, VP Daniel Kuang Ming Chang sold 3,588 shares of the stock in a transaction that occurred on Monday, October 9th. The stock was sold at an average price of $17.19, for a total transaction of $61,677.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 21.70% of the stock is currently owned by company insiders.

A number of institutional investors have recently bought and sold shares of the business. Dupont Capital Management Corp lifted its position in Alpha and Omega Semiconductor Limited by 326.3% during the 3rd quarter. Dupont Capital Management Corp now owns 61,578 shares of the semiconductor company’s stock worth $1,015,000 after acquiring an additional 47,134 shares during the period. First Trust Advisors LP purchased a new position in shares of Alpha and Omega Semiconductor Limited during the 3rd quarter worth approximately $256,000. Nationwide Fund Advisors raised its stake in shares of Alpha and Omega Semiconductor Limited by 32.6% during the 3rd quarter. Nationwide Fund Advisors now owns 135,715 shares of the semiconductor company’s stock worth $2,238,000 after buying an additional 33,342 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of Alpha and Omega Semiconductor Limited by 11.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,193 shares of the semiconductor company’s stock worth $270,000 after buying an additional 1,658 shares in the last quarter. Finally, State Street Corp raised its stake in shares of Alpha and Omega Semiconductor Limited by 12.1% during the 2nd quarter. State Street Corp now owns 346,165 shares of the semiconductor company’s stock worth $5,768,000 after buying an additional 37,279 shares in the last quarter. 69.66% of the stock is owned by institutional investors.

Alpha and Omega Semiconductor Limited Company Profile

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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