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

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) has received an average recommendation of “Hold” from the seven brokerages that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $40.00.

AOSL has been the topic of a number of recent analyst reports. Wall Street Zen lowered shares of Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research report on Saturday, July 25th. Stifel Nicolaus raised their target price on shares of Alpha and Omega Semiconductor from $36.00 to $42.00 and gave the company a “hold” rating in a research note on Wednesday, June 24th. Lake Street Capital assumed coverage on shares of Alpha and Omega Semiconductor in a report on Thursday, June 25th. They issued a “buy” rating and a $58.00 target price on the stock. B. Riley Financial boosted their target price on shares of Alpha and Omega Semiconductor from $19.00 to $25.00 and gave the stock a “neutral” rating in a research report on Monday, April 13th. Finally, Needham & Company LLC assumed coverage on shares of Alpha and Omega Semiconductor in a report on Friday, May 1st. They set a “buy” rating and a $50.00 price target for the company.

Alpha and Omega Semiconductor Price Performance

Alpha and Omega Semiconductor stock opened at $32.54 on Thursday. The company has a market capitalization of $973.92 million, a price-to-earnings ratio of -9.14 and a beta of 2.60. Alpha and Omega Semiconductor has a one year low of $17.01 and a one year high of $54.34. The company’s fifty day moving average price is $39.68 and its two-hundred day moving average price is $32.07.

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

Insider Buying and Selling at Alpha and Omega Semiconductor

In related news, EVP Bing Xue sold 4,916 shares of the stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $47.09, for a total transaction of $231,494.44. Following the completion of the sale, the executive vice president owned 123,660 shares in the company, valued at $5,823,149.40. This represents a 3.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 16.70% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Alpha and Omega Semiconductor in the third quarter valued at approximately $62,000. Strs Ohio bought a new position in Alpha and Omega Semiconductor during the first quarter worth $70,000. iSAM Funds UK Ltd bought a new position in Alpha and Omega Semiconductor during the third quarter worth $91,000. Tower Research Capital LLC TRC raised its stake in Alpha and Omega Semiconductor by 574.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,957 shares of the semiconductor company’s stock valued at $127,000 after purchasing an additional 4,222 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Alpha and Omega Semiconductor by 79.9% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,926 shares of the semiconductor company’s stock valued at $157,000 after purchasing an additional 3,519 shares during the last quarter. 78.97% of the stock is currently owned by institutional investors and hedge funds.

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.