Alpha and Omega Semiconductor (NASDAQ:AOSL) Lowered to Sell Rating by StockNews.com

Alpha and Omega Semiconductor (NASDAQ:AOSL) was downgraded by equities research analysts at StockNews.com from a “hold” rating to a “sell” rating in a research report issued on Wednesday.

Several other research firms also recently weighed in on AOSL. Stifel Nicolaus reduced their target price on shares of 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. Benchmark reiterated a “buy” rating and set a $40.00 price objective on shares of Alpha and Omega Semiconductor in a research note on Wednesday, November 6th. Finally, B. Riley cut their target price on Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th.

Alpha and Omega Semiconductor Stock Up 0.4 %

NASDAQ AOSL traded up $0.18 on Wednesday, hitting $43.33. 918,746 shares of the company were exchanged, compared to its average volume of 601,691. The stock has a fifty day moving average of $40.44 and a 200-day moving average of $37.49. The company has a market cap of $1.26 billion, a PE ratio of -64.67 and a beta of 2.47. The company has a current ratio of 2.65, a quick ratio of 1.44 and a debt-to-equity ratio of 0.03. Alpha and Omega Semiconductor has a 12 month low of $19.38 and a 12 month high of $53.29.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its earnings results on Wednesday, February 5th. The semiconductor company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.26). Alpha and Omega Semiconductor had a negative net margin of 2.94% and a positive return on equity of 0.19%. As a group, analysts forecast that Alpha and Omega Semiconductor will post -0.67 earnings per share for the current year.

Insiders Place Their Bets

In other news, EVP Bing Xue sold 875 shares of the business’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $41.00, for a total value of $35,875.00. Following the sale, the executive vice president now directly owns 128,986 shares of the company’s stock, valued at $5,288,426. The trade was a 0.67 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Lucas S. Chang sold 12,497 shares of the firm’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $41.46, for a total value of $518,125.62. Following the transaction, 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 position. The disclosure for this sale can be found here. Insiders sold 53,124 shares of company stock worth $2,500,685 over the last three months. Company insiders own 16.90% of the company’s stock.

Institutional Trading of Alpha and Omega Semiconductor

Several large investors have recently modified their holdings of the company. IFP Advisors Inc lifted its position in shares of Alpha and Omega Semiconductor by 276.8% in the fourth quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 548 shares in the last quarter. Truvestments Capital LLC bought a new position in Alpha and Omega Semiconductor in the 3rd quarter worth approximately $45,000. Hollencrest Capital Management purchased a new stake in Alpha and Omega Semiconductor during the 3rd quarter valued at approximately $56,000. Farther Finance Advisors LLC raised its position in shares of Alpha and Omega Semiconductor by 10,937.5% during the third quarter. Farther Finance Advisors LLC now owns 1,766 shares of the semiconductor company’s stock valued at $66,000 after buying an additional 1,750 shares during the last quarter. Finally, Eastern Bank bought a new stake in Alpha and Omega Semiconductor in the 3rd quarter valued at $174,000. 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.