Alpha and Omega Semiconductor (NASDAQ:AOSL) Upgraded at StockNews.com

Alpha and Omega Semiconductor (NASDAQ:AOSL) was upgraded by equities researchers at StockNews.com from a “sell” rating to a “hold” rating in a research report issued on Wednesday.

Several other research firms have also commented on AOSL. Stifel Nicolaus lowered their price target on shares of Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating on the stock in a research report on Wednesday, November 6th. B. Riley lowered their target price on Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Finally, Benchmark reissued a “buy” rating and set a $40.00 price target on shares of Alpha and Omega Semiconductor in a research report on Wednesday, November 6th.

Alpha and Omega Semiconductor Stock Performance

Shares of AOSL stock opened at $26.72 on Wednesday. The stock has a fifty day moving average price of $34.86 and a 200 day moving average price of $34.24. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.31 and a current ratio of 2.65. The stock has a market cap of $775.71 million, a PE ratio of -39.88 and a beta of 2.42. Alpha and Omega Semiconductor has a 1 year low of $19.38 and a 1 year high of $47.45.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its quarterly earnings results on Monday, November 4th. The semiconductor company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.01). The firm had revenue of $181.89 million for the quarter, compared to analyst estimates of $180.07 million. Alpha and Omega Semiconductor had a positive return on equity of 0.19% and a negative net margin of 2.94%. The company’s quarterly revenue was up .7% compared to the same quarter last year. During the same period last year, the firm earned $0.30 EPS. Sell-side analysts forecast that Alpha and Omega Semiconductor will post -0.32 earnings per share for the current fiscal year.

Insider Transactions at Alpha and Omega Semiconductor

In related news, Director Lucas S. Chang sold 3,377 shares of the company’s stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $38.06, for a total transaction of $128,528.62. Following the transaction, the director now owns 33,245 shares of the company’s stock, valued at approximately $1,265,304.70. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other Alpha and Omega Semiconductor news, Director Lucas S. Chang sold 3,377 shares of the business’s stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $38.06, for a total value of $128,528.62. Following the completion of the transaction, the director now directly owns 33,245 shares in the company, valued at approximately $1,265,304.70. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Wenjun Li sold 2,183 shares of the firm’s stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $35.49, for a total value of $77,474.67. Following the sale, the chief operating officer now owns 61,331 shares in the company, valued at $2,176,637.19. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 16.90% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Gladius Capital Management LP purchased a new stake in Alpha and Omega Semiconductor in the second quarter valued at approximately $36,000. Point72 DIFC Ltd acquired a new position in shares of Alpha and Omega Semiconductor in the 2nd quarter valued at $47,000. Hollencrest Capital Management purchased a new stake in shares of Alpha and Omega Semiconductor during the 3rd quarter valued at $56,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Alpha and Omega Semiconductor during the 2nd quarter worth $62,000. Finally, Farther Finance Advisors LLC raised its position in shares of Alpha and Omega Semiconductor by 10,937.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,766 shares of the semiconductor company’s stock worth $66,000 after buying an additional 1,750 shares during the period. Institutional investors and hedge funds own 78.97% of the company’s stock.

Alpha and Omega Semiconductor Company Profile

Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications in Hong Kong, China, South Korea, the United States, and internationally. It offers power discrete products, including metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors for use in smart phone chargers, battery packs, notebooks, desktop and servers, data centers, base stations, graphics card, game boxes, TVs, AC adapters, power supplies, motor control, power tools, E-vehicles, white goods and industrial motor drives, UPS systems, solar inverters, and industrial welding.