Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)‘s stock had its “buy” rating reiterated by equities researchers at Northland Securities in a research note issued to investors on Friday. They currently have a $30.00 target price on the semiconductor company’s stock. Northland Securities’ price objective suggests a potential upside of 72.31% from the company’s previous close.

Several other equities analysts also recently commented on AOSL. Sidoti started coverage on Alpha and Omega Semiconductor Limited in a research report on Thursday, July 13th. They set a “buy” rating for the company. B. Riley reaffirmed a “buy” rating and set a $30.00 target price on shares of Alpha and Omega Semiconductor Limited in a research note on Monday, August 7th. Finally, Stifel Nicolaus decreased their target price on Alpha and Omega Semiconductor Limited from $19.00 to $18.00 and set a “hold” rating for the company in a research note on Thursday, September 7th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $25.00.

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) traded down $0.91 on Friday, hitting $17.41. The stock had a trading volume of 179,962 shares, compared to its average volume of 75,432. The company has a market capitalization of $418.50, a price-to-earnings ratio of 28.54 and a beta of 0.29.

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) last announced its quarterly earnings data on Thursday, November 2nd. The semiconductor company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.01). Alpha and Omega Semiconductor Limited had a return on equity of 5.23% and a net margin of 3.92%. The business had revenue of $104.90 million for the quarter, compared to the consensus estimate of $103.15 million. During the same quarter in the prior year, the company earned $0.14 earnings per share. Alpha and Omega Semiconductor Limited’s quarterly revenue was up 7.0% compared to the same quarter last year. sell-side analysts forecast that Alpha and Omega Semiconductor Limited will post 0.63 earnings per share for the current fiscal year.

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In other Alpha and Omega Semiconductor Limited news, VP Daniel Kuang Ming Chang sold 3,588 shares of the business’s stock in a transaction on Monday, October 9th. The stock was sold at an average price of $17.19, for a total value of $61,677.72. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 21.70% of the stock is owned by insiders.

Several large investors have recently added to or reduced their stakes in the stock. Dupont Capital Management Corp grew its position in Alpha and Omega Semiconductor Limited by 326.3% during the third quarter. Dupont Capital Management Corp now owns 61,578 shares of the semiconductor company’s stock worth $1,015,000 after buying an additional 47,134 shares in the last quarter. First Trust Advisors LP purchased a new position in Alpha and Omega Semiconductor Limited during the third quarter worth about $256,000. Nationwide Fund Advisors grew its position in Alpha and Omega Semiconductor Limited by 32.6% during the third 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 grew its position in Alpha and Omega Semiconductor Limited by 11.4% during the second 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 grew its position in Alpha and Omega Semiconductor Limited by 12.1% during the second 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. Institutional investors own 69.66% of the company’s stock.

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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