Alpha and Omega Semiconductor (NASDAQ:AOSL) Sets New 12-Month High – What’s Next?

Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) reached a new 52-week high on Thursday . The company traded as high as $45.22 and last traded at $40.68, with a volume of 2054476 shares. The stock had previously closed at $39.12.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a report on Monday. Wall Street Zen lowered shares of Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a research note on Saturday, February 7th. Zacks Research upgraded shares of Alpha and Omega Semiconductor from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. B. Riley Financial lifted their price objective on shares of Alpha and Omega Semiconductor from $19.00 to $25.00 and gave the company a “neutral” rating in a research note on Monday, April 13th. Finally, Stifel Nicolaus dropped their price objective on shares of Alpha and Omega Semiconductor from $24.00 to $22.00 and set a “hold” rating on the stock in a research note on Friday, February 6th. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Alpha and Omega Semiconductor has an average rating of “Hold” and an average price target of $24.00.

Alpha and Omega Semiconductor Stock Performance

The company has a market capitalization of $1.21 billion, a PE ratio of -11.72 and a beta of 1.94. The firm’s 50-day simple moving average is $23.95 and its 200 day simple moving average is $23.25.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its earnings results on Thursday, February 5th. The semiconductor company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.08). The company had revenue of $162.26 million for the quarter, compared to analysts’ expectations of $160.67 million. Alpha and Omega Semiconductor had a negative return on equity of 3.78% and a negative net margin of 15.06%.Alpha and Omega Semiconductor’s revenue for the quarter was down 6.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.09 earnings per share. As a group, equities analysts anticipate that Alpha and Omega Semiconductor Limited will post -1.65 earnings per share for the current year.

Insider Buying and Selling at Alpha and Omega Semiconductor

In related news, CEO Stephen Chunping Chang sold 14,884 shares of the business’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $34.47, for a total value of $513,051.48. Following the sale, the chief executive officer directly owned 635,901 shares in the company, valued at $21,919,507.47. The trade was a 2.29% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Yifan Liang sold 8,625 shares of the business’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $35.00, for a total transaction of $301,875.00. Following the completion of the sale, the chief financial officer owned 270,003 shares in the company, valued at $9,450,105. This represents a 3.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 59,860 shares of company stock valued at $1,913,960 over the last 90 days. 16.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Alpha and Omega Semiconductor

Institutional investors and hedge funds have recently made changes to their positions in the business. Hantz Financial Services Inc. boosted its position in shares of Alpha and Omega Semiconductor by 634.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,036 shares of the semiconductor company’s stock worth $29,000 after buying an additional 895 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in Alpha and Omega Semiconductor in the 3rd quarter valued at about $62,000. CWM LLC raised its stake in Alpha and Omega Semiconductor by 20.0% in the 3rd quarter. CWM LLC now owns 2,314 shares of the semiconductor company’s stock valued at $65,000 after purchasing an additional 386 shares during the last quarter. Strs Ohio acquired a new position in Alpha and Omega Semiconductor in the 1st quarter valued at about $70,000. Finally, iSAM Funds UK Ltd acquired a new position in Alpha and Omega Semiconductor in the 3rd quarter valued at about $91,000. 78.97% of the stock is currently owned by hedge funds and other institutional investors.

About Alpha and Omega Semiconductor

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.