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

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) has received a consensus rating of “Reduce” from the five research firms that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, two have given a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $23.6667.

Several research analysts have recently weighed in on AOSL shares. Wall Street Zen cut shares of Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a report on Saturday, February 7th. Zacks Research cut shares of Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 10th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research note on Wednesday, January 21st. Finally, Stifel Nicolaus lowered their target price on Alpha and Omega Semiconductor from $24.00 to $22.00 and set a “hold” rating for the company in a report on Friday, February 6th.

Alpha and Omega Semiconductor Trading Down 1.4%

Shares of NASDAQ AOSL opened at $19.86 on Monday. Alpha and Omega Semiconductor has a 1 year low of $15.90 and a 1 year high of $33.01. The firm’s 50-day moving average is $21.72 and its 200-day moving average is $24.01. The firm has a market capitalization of $591.03 million, a PE ratio of -5.72 and a beta of 1.99.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings results on Thursday, February 5th. The semiconductor company reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.08). Alpha and Omega Semiconductor had a negative return on equity of 3.78% and a negative net margin of 15.06%.The business had revenue of $162.26 million for the quarter, compared to the consensus estimate of $160.67 million. During the same period last year, the firm earned $0.09 earnings per share. The company’s quarterly revenue was down 6.3% on a year-over-year basis. As a group, equities research analysts anticipate 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, EVP Bing Xue sold 1,845 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $20.56, for a total value of $37,933.20. Following the sale, the executive vice president owned 127,863 shares in the company, valued at approximately $2,628,863.28. The trade was a 1.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 16.70% of the company’s stock.

Institutional Investors Weigh In On Alpha and Omega Semiconductor

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada raised its stake in shares of Alpha and Omega Semiconductor by 7.4% during the 1st quarter. Royal Bank of Canada now owns 11,939 shares of the semiconductor company’s stock worth $297,000 after purchasing an additional 820 shares in the last quarter. AQR Capital Management LLC bought a new position in Alpha and Omega Semiconductor during the 1st quarter worth $471,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Alpha and Omega Semiconductor by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,167 shares of the semiconductor company’s stock worth $352,000 after purchasing an additional 624 shares in the last quarter. Strs Ohio bought a new stake in shares of Alpha and Omega Semiconductor in the first quarter valued at approximately $70,000. Finally, Los Angeles Capital Management LLC acquired a new stake in shares of Alpha and Omega Semiconductor during the 2nd quarter worth $437,000. 78.97% of the stock is owned by institutional investors.

About Alpha and Omega Semiconductor

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.