Alpha and Omega Semiconductor (NASDAQ:AOSL) Hits New 12-Month Low Following Analyst Downgrade

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)’s share price reached a new 52-week low on Thursday after Stifel Nicolaus lowered their price target on the stock from $23.00 to $21.00. Stifel Nicolaus currently has a sell rating on the stock. Alpha and Omega Semiconductor traded as low as $20.00 and last traded at $20.05, with a volume of 64376 shares trading hands. The stock had previously closed at $20.66.

Several other research analysts have also weighed in on AOSL. StockNews.com upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research note on Wednesday, March 6th. B. Riley upgraded shares of Alpha and Omega Semiconductor from a “neutral” rating to a “buy” rating and upped their price objective for the company from $28.00 to $34.00 in a research note on Tuesday, January 2nd.

Insider Transactions at Alpha and Omega Semiconductor

In other news, Chairman Mike F. Chang sold 30,000 shares of the stock in a transaction on Monday, January 29th. The shares were sold at an average price of $26.91, for a total transaction of $807,300.00. Following the transaction, the chairman now owns 4,500,286 shares in the company, valued at approximately $121,102,696.26. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other news, Chairman Mike F. Chang sold 30,000 shares of the stock in a transaction on Monday, January 29th. The shares were sold at an average price of $26.91, for a total transaction of $807,300.00. Following the transaction, the chairman now owns 4,500,286 shares in the company, valued at approximately $121,102,696.26. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Bing Xue sold 14,292 shares of the stock in a transaction on Wednesday, February 14th. The stock was sold at an average price of $22.77, for a total transaction of $325,428.84. Following the transaction, the executive vice president now owns 131,291 shares in the company, valued at approximately $2,989,496.07. The disclosure for this sale can be found here. Insiders have sold a total of 68,693 shares of company stock worth $1,689,413 in the last 90 days. 17.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Captrust Financial Advisors acquired a new position in Alpha and Omega Semiconductor in the 1st quarter valued at $45,000. US Bancorp DE acquired a new position in Alpha and Omega Semiconductor in the 1st quarter valued at $45,000. Pineridge Advisors LLC acquired a new position in Alpha and Omega Semiconductor in the 4th quarter valued at $30,000. Tower Research Capital LLC TRC grew its stake in Alpha and Omega Semiconductor by 154.3% in the 3rd quarter. Tower Research Capital LLC TRC now owns 1,691 shares of the semiconductor company’s stock valued at $50,000 after buying an additional 1,026 shares during the last quarter. Finally, Point72 Hong Kong Ltd acquired a new position in Alpha and Omega Semiconductor in the 1st quarter valued at $104,000. 78.97% of the stock is currently owned by institutional investors and hedge funds.

Alpha and Omega Semiconductor Stock Down 2.3 %

The business’s 50 day moving average is $22.16 and its 200-day moving average is $24.12. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.33 and a current ratio of 2.52. The firm has a market capitalization of $552.87 million, a price-to-earnings ratio of -31.03 and a beta of 2.39.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its quarterly earnings results on Tuesday, February 6th. The semiconductor company reported ($0.06) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.04. Alpha and Omega Semiconductor had a negative net margin of 2.68% and a positive return on equity of 0.64%. The firm had revenue of $165.29 million during the quarter, compared to the consensus estimate of $165.00 million. Equities analysts anticipate that Alpha and Omega Semiconductor Limited will post -0.5 EPS for the current fiscal year.

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.