Alpha and Omega Semiconductor (NASDAQ:AOSL) Cut to Sell at StockNews.com

StockNews.com lowered shares of Alpha and Omega Semiconductor (NASDAQ:AOSL) from a hold rating to a sell rating in a research report report published on Wednesday morning.

Several other brokerages have also issued reports on AOSL. 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 research note on Tuesday, November 5th. Stifel Nicolaus lowered their price objective on Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating on the stock in a research note on Wednesday, November 6th. Finally, Benchmark reiterated a “buy” rating and set a $40.00 target price on shares of Alpha and Omega Semiconductor in a research report on Wednesday, November 6th.

Alpha and Omega Semiconductor Price Performance

AOSL opened at $39.85 on Wednesday. The firm has a market cap of $1.16 billion, a P/E ratio of -59.48 and a beta of 2.47. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.44 and a current ratio of 2.65. Alpha and Omega Semiconductor has a fifty-two week low of $19.38 and a fifty-two week high of $53.29. The firm has a 50-day moving average of $40.69 and a 200 day moving average of $37.56.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its quarterly earnings results on Wednesday, February 5th. The semiconductor company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.26). Alpha and Omega Semiconductor had a positive return on equity of 0.19% and a negative net margin of 2.94%. On average, research analysts expect that Alpha and Omega Semiconductor will post -0.67 EPS for the current year.

Insider Transactions at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, Director Claudia Chen sold 5,623 shares of the stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $51.27, for a total value of $288,291.21. Following the sale, the director now directly owns 26,572 shares in the company, valued at $1,362,346.44. This represents a 17.47 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Bing Xue sold 1,242 shares of the business’s stock in a transaction on Monday, January 13th. The shares were sold at an average price of $35.00, for a total transaction of $43,470.00. Following the transaction, the executive vice president now owns 115,368 shares of the company’s stock, valued at $4,037,880. This trade represents a 1.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 53,124 shares of company stock valued at $2,500,685 over the last three months. Company insiders own 16.90% of the company’s stock.

Institutional Investors Weigh In On Alpha and Omega Semiconductor

Large investors have recently added to or reduced their stakes in the business. IFP Advisors Inc increased its stake in Alpha and Omega Semiconductor by 276.8% in the 4th quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 548 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of Alpha and Omega Semiconductor by 47.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 908 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 291 shares in the last quarter. Larson Financial Group LLC bought a new position in shares of Alpha and Omega Semiconductor in the fourth quarter worth approximately $38,000. Truvestments Capital LLC purchased a new stake in Alpha and Omega Semiconductor in the third quarter valued at approximately $45,000. Finally, Hollencrest Capital Management bought a new stake in Alpha and Omega Semiconductor during the third quarter valued at approximately $56,000. Institutional investors 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.