Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)‘s stock had its “buy” rating reissued by analysts at Northland Securities in a research note issued on Thursday, July 6th. They currently have a $30.00 target price on the semiconductor company’s stock. Northland Securities’ target price would indicate a potential upside of 69.68% from the stock’s previous close.

Several other equities analysts have also recently issued reports on the stock. B. Riley restated a “buy” rating and set a $30.00 target price on shares of Alpha and Omega Semiconductor Limited in a research note on Thursday, March 23rd. Zacks Investment Research cut shares of Alpha and Omega Semiconductor Limited from a “buy” rating to a “hold” rating in a research note on Thursday, March 16th. Finally, TheStreet upgraded shares of Alpha and Omega Semiconductor Limited from a “c+” rating to a “b-” rating in a research note on Friday, May 5th. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $27.00.

Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) traded down 0.84% during midday trading on Thursday, hitting $17.68. The stock had a trading volume of 122,046 shares. The firm has a market capitalization of $420.61 million, a PE ratio of 36.68 and a beta of 0.25. The company’s 50 day moving average price is $18.38 and its 200-day moving average price is $19.15. Alpha and Omega Semiconductor Limited has a 1-year low of $13.88 and a 1-year high of $23.93.

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) last posted its earnings results on Wednesday, May 3rd. The semiconductor company reported $0.14 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.12. The business had revenue of $93.30 million for the quarter, compared to analysts’ expectations of $92.10 million. Alpha and Omega Semiconductor Limited had a net margin of 3.09% and a return on equity of 4.25%. The business’s revenue for the quarter was up 12.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.06) EPS. Equities analysts predict that Alpha and Omega Semiconductor Limited will post $0.80 earnings per share for the current year.

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In other Alpha and Omega Semiconductor Limited news, VP Daniel Kuang Ming Chang sold 6,891 shares of the firm’s stock in a transaction that occurred on Thursday, May 4th. The shares were sold at an average price of $18.83, for a total transaction of $129,757.53. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 21.70% of the stock is currently owned by company insiders.

Large investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new stake in Alpha and Omega Semiconductor Limited during the first quarter worth approximately $150,000. MARSHALL WACE ASIA Ltd bought a new stake in shares of Alpha and Omega Semiconductor Limited during the first quarter worth about $187,000. Marshall Wace North America L.P. bought a new stake in shares of Alpha and Omega Semiconductor Limited during the first quarter worth about $187,000. American International Group Inc. raised its stake in shares of Alpha and Omega Semiconductor Limited by 7.5% in the first quarter. American International Group Inc. now owns 11,227 shares of the semiconductor company’s stock worth $193,000 after buying an additional 780 shares during the period. Finally, Stevens Capital Management LP bought a new stake in shares of Alpha and Omega Semiconductor Limited during the first quarter worth about $229,000. Institutional investors own 71.42% of the company’s stock.

Alpha and Omega Semiconductor Limited 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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