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

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) has been given an average recommendation of “Hold” by the six analysts that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $30.50.

A number of research analysts have recently weighed in on the company. B. Riley Financial increased their price objective on Alpha and Omega Semiconductor from $19.00 to $25.00 and gave the company a “neutral” rating in a report on Monday, April 13th. Needham & Company LLC initiated coverage on Alpha and Omega Semiconductor in a research report on Friday, May 1st. They issued a “buy” rating and a $50.00 price objective on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research note on Monday, April 20th. Zacks Research upgraded shares of Alpha and Omega Semiconductor from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. Finally, Wall Street Zen lowered shares of Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research note on Saturday, June 6th.

Insider Transactions at Alpha and Omega Semiconductor

In related news, CFO Yifan Liang sold 8,625 shares of the company’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $35.00, for a total transaction of $301,875.00. Following the completion of the sale, the chief financial officer owned 270,003 shares of the company’s stock, valued at approximately $9,450,105. This represents a 3.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Stephen Chunping Chang sold 14,884 shares of Alpha and Omega Semiconductor stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $34.47, for a total transaction of $513,051.48. Following the completion of the transaction, the chief executive officer owned 635,901 shares of the company’s stock, valued at $21,919,507.47. This represents a 2.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 62,368 shares of company stock valued at $2,092,671 over the last 90 days. Corporate insiders own 16.70% of the company’s stock.

Institutional Trading of Alpha and Omega Semiconductor

Several institutional investors and hedge funds have recently made changes to their positions in AOSL. Weber Capital Management LLC ADV acquired a new position in Alpha and Omega Semiconductor during the fourth quarter valued at approximately $10,842,000. JPMorgan Chase & Co. boosted its holdings in shares of Alpha and Omega Semiconductor by 72.4% in the third quarter. JPMorgan Chase & Co. now owns 158,844 shares of the semiconductor company’s stock valued at $4,441,000 after buying an additional 66,723 shares during the period. Acuitas Investments LLC increased its position in shares of Alpha and Omega Semiconductor by 38.6% during the third quarter. Acuitas Investments LLC now owns 240,920 shares of the semiconductor company’s stock worth $6,736,000 after acquiring an additional 67,100 shares in the last quarter. Massachusetts Financial Services Co. MA acquired a new stake in shares of Alpha and Omega Semiconductor in the 4th quarter valued at about $563,000. Finally, WINTON GROUP Ltd raised its position in Alpha and Omega Semiconductor by 189.9% in the 4th quarter. WINTON GROUP Ltd now owns 137,265 shares of the semiconductor company’s stock valued at $2,719,000 after buying an additional 89,914 shares during the last quarter. 78.97% of the stock is owned by hedge funds and other institutional investors.

Alpha and Omega Semiconductor Price Performance

Shares of Alpha and Omega Semiconductor stock opened at $48.04 on Wednesday. The stock’s fifty day moving average is $41.18 and its two-hundred day moving average is $28.48. Alpha and Omega Semiconductor has a 52 week low of $17.01 and a 52 week high of $54.34. The company has a market capitalization of $1.44 billion, a PE ratio of -13.49 and a beta of 2.55.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported ($0.28) EPS for the quarter, beating the consensus estimate of ($0.34) by $0.06. Alpha and Omega Semiconductor had a negative return on equity of 4.30% and a negative net margin of 15.51%.The firm had revenue of $163.79 million for the quarter, compared to analyst estimates of $160.07 million. During the same quarter last year, the firm posted ($0.10) earnings per share. The business’s revenue for the quarter was down .5% on a year-over-year basis. As a group, research analysts anticipate that Alpha and Omega Semiconductor will post -1.5 earnings per share for the current year.

Alpha and Omega Semiconductor Company Profile

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.