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

Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) have received an average rating of “Reduce” from the five brokerages that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $23.6667.

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

Insiders Place Their Bets

In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 2,408 shares of the company’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $21.92, for a total transaction of $52,783.36. Following the completion of the transaction, the executive vice president directly owned 113,631 shares in the company, valued at approximately $2,490,791.52. This represents a 2.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Mike F. Chang acquired 33,727 shares of the firm’s stock in a transaction on Monday, March 9th. The shares were bought at an average cost of $19.00 per share, for a total transaction of $640,813.00. Following the completion of the acquisition, the director owned 4,369,574 shares of the company’s stock, valued at approximately $83,021,906. This represents a 0.78% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 16.70% of the company’s stock.

Institutional Investors Weigh In On Alpha and Omega Semiconductor

Several institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in Alpha and Omega Semiconductor by 1.4% during the 3rd quarter. Vanguard Group Inc. now owns 2,453,975 shares of the semiconductor company’s stock worth $68,613,000 after buying an additional 33,959 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Alpha and Omega Semiconductor by 4.7% during the fourth quarter. The Manufacturers Life Insurance Company now owns 1,628,634 shares of the semiconductor company’s stock valued at $32,263,000 after acquiring an additional 73,631 shares during the last quarter. State Street Corp lifted its position in shares of Alpha and Omega Semiconductor by 21.6% in the fourth quarter. State Street Corp now owns 1,474,175 shares of the semiconductor company’s stock valued at $29,203,000 after acquiring an additional 262,117 shares in the last quarter. Wellington Management Group LLP lifted its position in shares of Alpha and Omega Semiconductor by 15.0% in the third quarter. Wellington Management Group LLP now owns 864,965 shares of the semiconductor company’s stock valued at $24,184,000 after acquiring an additional 113,077 shares in the last quarter. Finally, Robeco Schweiz AG boosted its stake in shares of Alpha and Omega Semiconductor by 0.4% in the third quarter. Robeco Schweiz AG now owns 785,264 shares of the semiconductor company’s stock worth $21,956,000 after acquiring an additional 2,761 shares during the last quarter. 78.97% of the stock is currently owned by institutional investors and hedge funds.

Alpha and Omega Semiconductor Stock Performance

AOSL opened at $22.71 on Friday. Alpha and Omega Semiconductor has a fifty-two week low of $15.90 and a fifty-two week high of $33.01. The company has a fifty day moving average of $21.70 and a two-hundred day moving average of $23.17. The stock has a market capitalization of $675.85 million, a price-to-earnings ratio of -6.54 and a beta of 1.94.

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

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.