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

Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) have been assigned an average recommendation of “Hold” from the seven brokerages that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $41.50.

AOSL has been the topic of a number of research analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research report on Friday, July 17th. Needham & Company LLC cut their price target on Alpha and Omega Semiconductor from $50.00 to $45.00 and set a “buy” rating for the company in a research note on Thursday, August 13th. Lake Street Capital assumed coverage on shares of Alpha and Omega Semiconductor in a research report on Thursday, June 25th. They issued a “buy” rating and a $58.00 price objective on the stock. B. Riley Financial lowered their price objective on shares of Alpha and Omega Semiconductor from $38.00 to $34.00 and set a “neutral” rating on the stock in a research note on Thursday, August 13th. Finally, Williams Trading set a $45.00 target price on shares of Alpha and Omega Semiconductor in a report on Thursday, August 13th.

Alpha and Omega Semiconductor Price Performance

Shares of NASDAQ AOSL opened at $24.63 on Monday. The stock has a market capitalization of $737.18 million, a price-to-earnings ratio of -17.47 and a beta of 2.60. Alpha and Omega Semiconductor has a 52 week low of $17.01 and a 52 week high of $54.34. The firm has a 50-day moving average price of $34.16 and a 200 day moving average price of $32.96.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its earnings results on Wednesday, August 12th. The semiconductor company reported ($0.13) earnings per share for the quarter, topping the consensus estimate of ($0.24) by $0.11. The company had revenue of $170.37 million for the quarter, compared to analyst estimates of $168.00 million. Alpha and Omega Semiconductor had a negative net margin of 6.23% and a negative return on equity of 4.88%. The firm’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.02 earnings per share. Equities research analysts expect that Alpha and Omega Semiconductor will post -1.7 EPS for the current fiscal year.

Insider Buying and Selling at Alpha and Omega Semiconductor

In related news, EVP Bing Xue sold 4,916 shares of Alpha and Omega Semiconductor 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 transaction, the executive vice president directly owned 123,660 shares in the company, valued at $5,823,149.40. The trade was a 3.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 16.70% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Alpha and Omega Semiconductor

Institutional investors have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Alpha and Omega Semiconductor during the third quarter valued at $62,000. Strs Ohio acquired a new position in Alpha and Omega Semiconductor in the 1st quarter valued at about $70,000. iSAM Funds UK Ltd purchased a new position in Alpha and Omega Semiconductor in the 3rd quarter valued at about $91,000. Tower Research Capital LLC TRC lifted its holdings in Alpha and Omega Semiconductor by 574.4% in 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 in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of 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 worth $157,000 after purchasing an additional 3,519 shares during the last quarter. 78.97% of the stock is 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.