Alpha and Omega Semiconductor (NASDAQ:AOSL) Downgraded by StockNews.com to “Sell”

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

A number of other analysts have also weighed in on AOSL. Stifel Nicolaus lowered their target price on Alpha and Omega Semiconductor from $34.00 to $27.00 and set a “sell” rating for the company in a research note on Wednesday, November 6th. B. Riley reduced their price objective on Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Finally, Benchmark lifted their target price on Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the company a “buy” rating in a research note on Thursday, February 6th.

Alpha and Omega Semiconductor Stock Down 9.2 %

NASDAQ AOSL opened at $30.25 on Thursday. Alpha and Omega Semiconductor has a 1-year low of $19.38 and a 1-year high of $53.29. The company has a market capitalization of $889.80 million, a price-to-earnings ratio of -37.81 and a beta of 2.47. The stock’s 50 day moving average is $37.57 and its two-hundred day moving average is $37.09. 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 (NASDAQ:AOSL) last announced its quarterly earnings results on Wednesday, February 5th. The semiconductor company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.08 by ($0.26). Alpha and Omega Semiconductor had a negative net margin of 3.46% and a negative return on equity of 0.23%. Equities analysts forecast that Alpha and Omega Semiconductor will post -0.82 earnings per share for the current fiscal year.

Insider Buying and Selling at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 875 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The stock was sold at an average price of $41.00, for a total transaction of $35,875.00. Following the transaction, the executive vice president now owns 128,986 shares in the company, valued at approximately $5,288,426. This trade represents a 0.67 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lucas S. Chang sold 12,497 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $41.46, for a total value of $518,125.62. Following the completion of the sale, the director now directly owns 25,204 shares of the company’s stock, valued at approximately $1,044,957.84. This trade represents a 33.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 53,124 shares of company stock worth $2,500,685. Insiders own 16.90% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Farther Finance Advisors LLC raised its holdings in Alpha and Omega Semiconductor by 10,937.5% in the third quarter. Farther Finance Advisors LLC now owns 1,766 shares of the semiconductor company’s stock worth $66,000 after purchasing an additional 1,750 shares during the period. Olympiad Research LP bought a new stake in shares of Alpha and Omega Semiconductor in the 3rd quarter valued at $668,000. Summit Global Investments acquired a new stake in Alpha and Omega Semiconductor during the 3rd quarter worth $645,000. Hollencrest Capital Management bought a new position in Alpha and Omega Semiconductor during the third quarter worth about $56,000. Finally, Empowered Funds LLC lifted its holdings in Alpha and Omega Semiconductor by 5.2% during the third quarter. Empowered Funds LLC now owns 40,303 shares of the semiconductor company’s stock worth $1,496,000 after acquiring an additional 2,010 shares in the last quarter. Institutional investors own 78.97% of the company’s stock.

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.