Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Given Consensus Recommendation of “Hold” by Brokerages

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) has earned a consensus rating of “Hold” from the seven ratings firms that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $40.00.

A number of analysts have recently commented on AOSL shares. Needham & Company LLC initiated coverage on Alpha and Omega Semiconductor in a research note on Friday, May 1st. They issued a “buy” rating and a $50.00 target price on the stock. Lake Street Capital initiated coverage on Alpha and Omega Semiconductor in a research report on Thursday, June 25th. They set a “buy” rating and a $58.00 price target for the company. Wall Street Zen raised Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Saturday, June 27th. Weiss Ratings restated a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research report on Monday, April 20th. Finally, Zacks Research raised shares of Alpha and Omega Semiconductor from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th.

Insider Activity at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, CFO Yifan Liang sold 8,625 shares of the company’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $35.00, for a total value of $301,875.00. Following the completion of the transaction, the chief financial officer owned 270,003 shares in the company, valued at approximately $9,450,105. This represents a 3.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Stephen Chunping Chang sold 14,884 shares of the stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $34.47, for a total transaction of $513,051.48. Following the sale, the chief executive officer directly owned 635,901 shares in the company, valued at approximately $21,919,507.47. The trade was a 2.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 62,368 shares of company stock worth $2,092,671. 16.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On Alpha and Omega Semiconductor

Large investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. purchased a new position in Alpha and Omega Semiconductor during the third quarter worth approximately $62,000. Strs Ohio purchased a new stake in shares of Alpha and Omega Semiconductor in the first quarter valued at approximately $70,000. iSAM Funds UK Ltd purchased a new stake in shares of Alpha and Omega Semiconductor in the third quarter valued at approximately $91,000. Tower Research Capital LLC TRC raised its stake in shares of Alpha and Omega Semiconductor by 574.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,957 shares of the semiconductor company’s stock worth $127,000 after buying an additional 4,222 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Alpha and Omega Semiconductor by 79.9% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,926 shares of the semiconductor company’s stock worth $157,000 after buying an additional 3,519 shares during the period. Institutional investors and hedge funds own 78.97% of the company’s stock.

Alpha and Omega Semiconductor Price Performance

NASDAQ:AOSL traded down $0.42 during mid-day trading on Friday, hitting $37.56. The company’s stock had a trading volume of 277,758 shares, compared to its average volume of 725,814. Alpha and Omega Semiconductor has a 1 year low of $17.01 and a 1 year high of $54.34. The stock has a market cap of $1.12 billion, a price-to-earnings ratio of -10.55 and a beta of 2.55. The business’s fifty day moving average is $43.00 and its two-hundred day moving average is $30.58.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported ($0.28) earnings per share for the quarter, topping the consensus estimate of ($0.34) by $0.06. The company had revenue of $163.79 million for the quarter, compared to the consensus estimate of $160.07 million. Alpha and Omega Semiconductor had a negative return on equity of 4.30% and a negative net margin of 15.51%.The firm’s revenue for the quarter was down .5% compared to the same quarter last year. During the same period last year, the firm earned ($0.10) EPS. Analysts anticipate that Alpha and Omega Semiconductor will post -1.5 EPS for the current fiscal year.

Alpha and Omega Semiconductor Company Profile

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.