Alpha and Omega Semiconductor (AOSL) Stock Rating Lowered by BidaskClub

Alpha and Omega Semiconductor (NASDAQ:AOSL) was downgraded by investment analysts at BidaskClub from a “hold” rating to a “sell” rating in a report released on Saturday.

A number of other research firms also recently commented on AOSL. Stifel Nicolaus reiterated a “hold” rating and issued a $18.00 price objective on shares of Alpha and Omega Semiconductor in a report on Thursday, October 12th. B. Riley upped their price objective on Alpha and Omega Semiconductor from $24.00 to $27.00 and gave the company a “buy” rating in a report on Friday, November 3rd. Finally, Northland Securities reiterated a “buy” rating and issued a $30.00 price objective on shares of Alpha and Omega Semiconductor in a report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $25.00.

Alpha and Omega Semiconductor (AOSL) traded down $0.08 during midday trading on Friday, reaching $17.53. The company had a trading volume of 80,199 shares, compared to its average volume of 78,209. The company has a market capitalization of $418.53, a P/E ratio of 28.87 and a beta of 0.29. Alpha and Omega Semiconductor has a fifty-two week low of $14.81 and a fifty-two week high of $23.62.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its quarterly earnings data on Thursday, November 2nd. The semiconductor company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). The company had revenue of $104.90 million during the quarter, compared to the consensus estimate of $103.15 million. Alpha and Omega Semiconductor had a net margin of 3.92% and a return on equity of 4.85%. The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.14 EPS. sell-side analysts expect that Alpha and Omega Semiconductor will post 0.64 EPS for the current fiscal year.

In related news, VP Daniel Kuang Ming Chang sold 3,588 shares of the company’s stock in a transaction dated Monday, October 9th. The stock was sold at an average price of $17.19, for a total value of $61,677.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 21.70% of the company’s stock.

Institutional investors have recently made changes to their positions in the business. Voya Investment Management LLC bought a new stake in shares of Alpha and Omega Semiconductor in the second quarter worth about $177,000. Los Angeles Capital Management & Equity Research Inc. bought a new stake in shares of Alpha and Omega Semiconductor in the second quarter worth about $178,000. Alliancebernstein L.P. bought a new stake in shares of Alpha and Omega Semiconductor in the second quarter worth about $227,000. Ameriprise Financial Inc. bought a new stake in shares of Alpha and Omega Semiconductor in the second quarter worth about $238,000. Finally, First Trust Advisors LP bought a new stake in shares of Alpha and Omega Semiconductor in the third quarter worth about $256,000. Institutional investors own 70.57% of the company’s stock.

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Alpha and Omega Semiconductor 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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