BidaskClub downgraded shares of Alpha and Omega Semiconductor (NASDAQ:AOSL) from a hold rating to a sell rating in a report issued on Saturday morning.

A number of other equities research analysts also recently commented on the stock. Northland Securities restated a buy rating and issued a $30.00 price objective on shares of Alpha and Omega Semiconductor in a research report on Friday, November 3rd. B. Riley raised their price objective on shares of Alpha and Omega Semiconductor from $24.00 to $27.00 and gave the company a buy rating in a research report on Friday, November 3rd. Finally, Stifel Nicolaus restated a hold rating and issued a $18.00 price objective on shares of Alpha and Omega Semiconductor in a research report on Thursday, October 12th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The stock has an average rating of Hold and a consensus target price of $25.00.

Alpha and Omega Semiconductor (NASDAQ AOSL) opened at $17.33 on Friday. The stock has a market capitalization of $413.99, a PE ratio of 28.74 and a beta of 0.26. Alpha and Omega Semiconductor has a twelve month low of $14.81 and a twelve month high of $23.62.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings data on Thursday, November 2nd. The semiconductor company reported $0.19 EPS for the quarter, missing the Zacks’ consensus estimate of $0.20 by ($0.01). The firm had revenue of $104.90 million during the quarter, compared to analyst estimates of $103.15 million. Alpha and Omega Semiconductor had a net margin of 3.92% and a return on equity of 4.85%. Alpha and Omega Semiconductor’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.14 EPS. analysts anticipate that Alpha and Omega Semiconductor will post 0.64 earnings per share for the current fiscal year.

In related news, VP Daniel Kuang Ming Chang sold 3,398 shares of Alpha and Omega Semiconductor stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $18.00, for a total transaction of $61,164.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 21.70% of the company’s stock.

Institutional investors have recently modified their holdings of the stock. Teachers Advisors LLC grew its stake in Alpha and Omega Semiconductor by 7.4% in the 1st quarter. Teachers Advisors LLC now owns 89,162 shares of the semiconductor company’s stock worth $1,533,000 after acquiring an additional 6,170 shares during the period. Vanguard Group Inc. grew its stake in Alpha and Omega Semiconductor by 16.3% in the 1st quarter. Vanguard Group Inc. now owns 978,591 shares of the semiconductor company’s stock worth $16,822,000 after acquiring an additional 137,513 shares during the period. Geode Capital Management LLC grew its stake in Alpha and Omega Semiconductor by 36.2% in the 1st quarter. Geode Capital Management LLC now owns 216,104 shares of the semiconductor company’s stock worth $3,714,000 after acquiring an additional 57,479 shares during the period. Morgan Stanley grew its stake in Alpha and Omega Semiconductor by 55.3% in the 1st quarter. Morgan Stanley now owns 225,061 shares of the semiconductor company’s stock worth $3,869,000 after acquiring an additional 80,131 shares during the period. Finally, Bank of America Corp DE grew its stake in Alpha and Omega Semiconductor by 0.8% in the 1st quarter. Bank of America Corp DE now owns 130,127 shares of the semiconductor company’s stock worth $2,237,000 after acquiring an additional 985 shares during the period. Hedge funds and other institutional investors own 70.52% of the company’s stock.

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About Alpha and Omega Semiconductor

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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