StockNews.com Upgrades Alpha and Omega Semiconductor (NASDAQ:AOSL) to “Hold”

Alpha and Omega Semiconductor (NASDAQ:AOSL) was upgraded by StockNews.com from a “sell” rating to a “hold” rating in a research note issued to investors on Friday.

Other research analysts have also recently issued reports about the stock. Benchmark increased their target price on shares of Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the stock a “buy” rating in a report on Thursday, February 6th. Stifel Nicolaus dropped their price objective on shares of Alpha and Omega Semiconductor from $30.00 to $18.00 and set a “sell” rating on the stock in a research note on Thursday, April 17th.

Alpha and Omega Semiconductor Price Performance

Shares of AOSL stock opened at $19.43 on Friday. The company has a market capitalization of $571.53 million, a P/E ratio of -24.29 and a beta of 2.48. The company’s 50-day simple moving average is $24.68 and its two-hundred day simple moving average is $33.18. Alpha and Omega Semiconductor has a one year low of $15.90 and a one year high of $53.29. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.72 and a quick ratio of 1.50.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings data on Wednesday, February 5th. The semiconductor company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate 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%. As a group, equities analysts anticipate that Alpha and Omega Semiconductor will post -0.82 EPS for the current year.

Institutional Trading of Alpha and Omega Semiconductor

Several hedge funds have recently modified their holdings of AOSL. PNC Financial Services Group Inc. raised its stake in shares of 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 acquiring an additional 291 shares in the last quarter. IFP Advisors Inc increased 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 purchasing an additional 548 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Alpha and Omega Semiconductor by 94.7% in the 1st quarter. GAMMA Investing LLC now owns 1,221 shares of the semiconductor company’s stock worth $30,000 after purchasing an additional 594 shares in the last quarter. Sterling Capital Management LLC grew its stake 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 buying an additional 673 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Alpha and Omega Semiconductor by 6.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,543 shares of the semiconductor company’s stock worth $501,000 after buying an additional 818 shares during the last quarter. 78.97% of the stock is owned by hedge funds and other institutional investors.

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.