Alpha and Omega Semiconductor (NASDAQ:AOSL) Issues Quarterly Earnings Results

Alpha and Omega Semiconductor (NASDAQ:AOSL) released its quarterly earnings data on Wednesday. The semiconductor company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.26), Zacks reports. Alpha and Omega Semiconductor had a negative net margin of 2.94% and a positive return on equity of 0.19%.

Alpha and Omega Semiconductor Price Performance

Shares of Alpha and Omega Semiconductor stock traded up $0.18 during mid-day trading on Wednesday, reaching $43.33. 915,401 shares of the stock traded hands, compared to its average volume of 601,102. Alpha and Omega Semiconductor has a fifty-two week low of $19.38 and a fifty-two week high of $53.29. The stock has a market capitalization of $1.26 billion, a PE ratio of -64.67 and a beta of 2.47. The business has a 50-day moving average of $40.44 and a 200 day moving average of $37.49. The company has a quick ratio of 1.44, a current ratio of 2.65 and a debt-to-equity ratio of 0.03.

Wall Street Analysts Forecast Growth

AOSL has been the topic of several recent research reports. StockNews.com upgraded Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Tuesday, December 24th. Stifel Nicolaus cut their price objective on shares of Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating for the company in a report on Wednesday, November 6th. Benchmark reissued a “buy” rating and set a $40.00 target price on shares of Alpha and Omega Semiconductor in a research note on Wednesday, November 6th. Finally, B. Riley cut their price target on Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th.

Insider Buying and Selling

In other Alpha and Omega Semiconductor news, Director Lucas S. Chang sold 12,497 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $41.46, for a total transaction of $518,125.62. Following the sale, the director now directly owns 25,204 shares in the company, valued at $1,044,957.84. This represents a 33.15 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Bing Xue sold 1,242 shares of the business’s stock in a transaction on Monday, January 13th. The stock was sold at an average price of $35.00, for a total transaction of $43,470.00. Following the completion of the transaction, the executive vice president now owns 115,368 shares of the company’s stock, valued at approximately $4,037,880. This trade represents a 1.07 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 53,124 shares of company stock worth $2,500,685. 16.90% of the stock is owned by insiders.

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.