Alpha and Omega Semiconductor (NASDAQ:AOSL) Stock Rating Lowered by StockNews.com

StockNews.com downgraded shares of Alpha and Omega Semiconductor (NASDAQ:AOSL) from a hold rating to a sell rating in a research report released on Thursday.

A number of other analysts also recently issued reports on AOSL. Stifel Nicolaus lowered their price objective on shares of Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating on the stock in a report on Wednesday, November 6th. B. Riley lowered their price target on shares of 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. Finally, Benchmark increased their price objective on shares of Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the stock a “buy” rating in a research note on Thursday, February 6th.

Alpha and Omega Semiconductor Price Performance

Shares of NASDAQ AOSL opened at $30.25 on Thursday. The company has a fifty day moving average price of $37.57 and a 200 day moving average price of $37.09. The firm has a market cap of $889.80 million, a PE ratio of -37.81 and a beta of 2.47. The company has a current ratio of 2.72, a quick ratio of 1.50 and a debt-to-equity ratio of 0.03. Alpha and Omega Semiconductor has a 1-year low of $19.38 and a 1-year high of $53.29.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings data on Wednesday, February 5th. The semiconductor company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.26). Alpha and Omega Semiconductor had a negative return on equity of 0.23% and a negative net margin of 3.46%. Research analysts predict that Alpha and Omega Semiconductor will post -0.82 earnings per share for the current fiscal year.

Insider Transactions at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, CFO Yifan Liang sold 31,004 shares of the business’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $49.21, for a total transaction of $1,525,706.84. Following the transaction, the chief financial officer now owns 265,175 shares of the company’s stock, valued at $13,049,261.75. The trade was a 10.47 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Bing Xue sold 875 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $41.00, for a total value of $35,875.00. Following the completion of the sale, the executive vice president now owns 128,986 shares in the company, valued at $5,288,426. This represents a 0.67 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 53,124 shares of company stock worth $2,500,685 in the last 90 days. Corporate insiders own 16.90% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in AOSL. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Alpha and Omega Semiconductor by 86.2% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 56,149 shares of the semiconductor company’s stock worth $2,084,000 after purchasing an additional 25,991 shares during the period. State Street Corp boosted its holdings in shares of Alpha and Omega Semiconductor by 33.2% during the 3rd quarter. State Street Corp now owns 1,341,290 shares of the semiconductor company’s stock worth $49,789,000 after buying an additional 334,657 shares during the period. Systematic Financial Management LP acquired a new position in Alpha and Omega Semiconductor in the 3rd quarter valued at about $702,000. Algert Global LLC raised its holdings in Alpha and Omega Semiconductor by 172.8% in the 3rd quarter. Algert Global LLC now owns 89,920 shares of the semiconductor company’s stock valued at $3,338,000 after acquiring an additional 56,962 shares during the period. Finally, Barclays PLC lifted its position in Alpha and Omega Semiconductor by 367.4% during the third quarter. Barclays PLC now owns 40,359 shares of the semiconductor company’s stock worth $1,498,000 after acquiring an additional 31,725 shares during the last quarter. 78.97% of the stock is owned by institutional investors and hedge funds.

About Alpha and Omega Semiconductor

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.