Alpha and Omega Semiconductor (NASDAQ:AOSL) Issues Quarterly Earnings Results, Misses Estimates By $0.26 EPS

Alpha and Omega Semiconductor (NASDAQ:AOSL) issued its earnings results 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 Trading Up 0.4 %

Shares of AOSL stock traded up $0.18 on Wednesday, hitting $43.33. 915,401 shares of the company’s stock traded hands, compared to its average volume of 601,102. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.44 and a current ratio of 2.65. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of -64.67 and a beta of 2.47. The company’s fifty day simple moving average is $40.44 and its 200 day simple moving average is $37.49. Alpha and Omega Semiconductor has a one year low of $19.38 and a one year high of $53.29.

Insider Activity

In related news, Director Lucas S. Chang sold 12,497 shares of the business’s stock in a transaction dated 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 owns 25,204 shares of the company’s stock, valued at $1,044,957.84. The trade was a 33.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Yifan Liang sold 31,004 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief financial officer now owns 265,175 shares in the company, valued at approximately $13,049,261.75. This trade represents a 10.47 % 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 valued at $2,500,685. 16.90% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Benchmark reaffirmed a “buy” rating and issued a $40.00 price objective on shares of Alpha and Omega Semiconductor in a research note on Wednesday, November 6th. Stifel Nicolaus dropped their price target on shares of Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating on the stock in a research report on Wednesday, November 6th. B. Riley dropped 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 report on Tuesday, November 5th. Finally, StockNews.com upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Tuesday, December 24th.

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.