Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Receives Consensus Rating of “Reduce” from Brokerages

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) has been assigned a consensus rating of “Reduce” from the five brokerages that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, two have given a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $23.6667.

AOSL has been the subject of a number of recent research reports. Wall Street Zen cut shares of Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a research report on Saturday, February 7th. Zacks Research cut shares of Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 10th. Stifel Nicolaus lowered their price target on shares of Alpha and Omega Semiconductor from $24.00 to $22.00 and set a “hold” rating for the company in a research report on Friday, February 6th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research report on Wednesday, January 21st.

Alpha and Omega Semiconductor Trading Down 0.5%

Shares of AOSL opened at $23.07 on Friday. The firm’s 50-day moving average price is $21.76 and its 200-day moving average price is $22.97. The firm has a market capitalization of $686.56 million, a price-to-earnings ratio of -6.65 and a beta of 1.94. Alpha and Omega Semiconductor has a 1-year low of $15.90 and a 1-year high of $33.01.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its earnings results on Thursday, February 5th. The semiconductor company reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.08). The company had revenue of $162.26 million for the quarter, compared to the consensus estimate of $160.67 million. Alpha and Omega Semiconductor had a negative net margin of 15.06% and a negative return on equity of 3.78%. The company’s revenue for the quarter was down 6.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.09 EPS. On average, research analysts forecast that Alpha and Omega Semiconductor will post -0.82 EPS for the current fiscal year.

Insider Transactions at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, Director Mike F. Chang purchased 33,727 shares of the stock in a transaction that occurred on Monday, March 9th. The stock was bought at an average cost of $19.00 per share, with a total value of $640,813.00. Following the transaction, the director directly owned 4,369,574 shares in the company, valued at approximately $83,021,906. The trade was a 0.78% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Bing Xue sold 2,408 shares of Alpha and Omega Semiconductor stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $21.92, for a total transaction of $52,783.36. Following the transaction, the executive vice president directly owned 113,631 shares of the company’s stock, valued at approximately $2,490,791.52. This trade represents a 2.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 16.70% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Hantz Financial Services Inc. raised its holdings in Alpha and Omega Semiconductor by 634.8% in the third quarter. Hantz Financial Services Inc. now owns 1,036 shares of the semiconductor company’s stock worth $29,000 after buying an additional 895 shares during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in Alpha and Omega Semiconductor in the third quarter worth about $62,000. CWM LLC raised its holdings in Alpha and Omega Semiconductor by 20.0% in the third quarter. CWM LLC now owns 2,314 shares of the semiconductor company’s stock worth $65,000 after buying an additional 386 shares during the last quarter. Strs Ohio purchased a new position in Alpha and Omega Semiconductor in the first quarter worth about $70,000. Finally, iSAM Funds UK Ltd purchased a new position in Alpha and Omega Semiconductor in the third quarter worth about $91,000. 78.97% of the stock is owned by hedge funds and other institutional investors.

About Alpha and Omega Semiconductor

Alpha and Omega Semiconductor Limited (NASDAQ: AOSL) is a designer and supplier of power semiconductor components used in power management applications across a range of electronic systems. The company offers a broad portfolio of discrete and integrated power devices, including power MOSFETs, rectifiers, voltage regulators, and power management ICs. These products are optimized for high efficiency, compact form factors and thermal performance, catering to the growing demands of energy-sensitive applications in computing, consumer electronics, communications and industrial markets.

Since its founding in 2000, Alpha and Omega Semiconductor has leveraged in-house design expertise and strategic partnerships with manufacturing facilities to deliver scalable, high-volume production.