Alpha and Omega Semiconductor Limited (NASDAQ:AOSL – Get Free Report) has received a consensus rating of “Hold” from the six ratings firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $30.50.
AOSL has been the subject of several research analyst reports. Stifel Nicolaus lowered their price target on shares of Alpha and Omega Semiconductor from $24.00 to $22.00 and set a “hold” rating for the company in a report on Friday, February 6th. Zacks Research upgraded shares of Alpha and Omega Semiconductor from a “strong sell” rating to a “hold” rating in a report on Monday, April 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a report on Monday, April 20th. Wall Street Zen upgraded shares of Alpha and Omega Semiconductor from a “strong sell” rating to a “hold” rating in a report on Saturday, May 9th. Finally, B. Riley Financial upped their price target on shares of Alpha and Omega Semiconductor from $19.00 to $25.00 and gave the stock a “neutral” rating in a report on Monday, April 13th.
Read Our Latest Stock Report on AOSL
Alpha and Omega Semiconductor Stock Performance
Alpha and Omega Semiconductor (NASDAQ:AOSL – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported ($0.28) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.34) by $0.06. The company had revenue of $163.79 million during the quarter, compared to the consensus estimate of $160.07 million. Alpha and Omega Semiconductor had a negative net margin of 15.51% and a negative return on equity of 4.30%. The company’s revenue for the quarter was down .5% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.10) earnings per share. On average, equities analysts forecast that Alpha and Omega Semiconductor will post -1.5 EPS for the current fiscal year.
Insider Buying and Selling at Alpha and Omega Semiconductor
In other Alpha and Omega Semiconductor news, Director Mike F. Chang acquired 33,727 shares of Alpha and Omega Semiconductor stock in a transaction that occurred on Monday, March 9th. The shares were bought at an average price of $19.00 per share, with a total value of $640,813.00. Following the completion of the purchase, the director directly owned 4,369,574 shares in the company, valued at $83,021,906. This trade represents a 0.78% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Yifan Liang sold 8,625 shares of the business’s stock in a transaction on 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 directly owned 270,003 shares in the company, valued at approximately $9,450,105. This represents a 3.10% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 59,860 shares of company stock worth $1,913,960. Company insiders own 16.70% of the company’s stock.
Institutional Trading of Alpha and Omega Semiconductor
Several institutional investors have recently modified their holdings of AOSL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Alpha and Omega Semiconductor by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,167 shares of the semiconductor company’s stock valued at $352,000 after acquiring an additional 624 shares during the last quarter. Royal Bank of Canada boosted its position in Alpha and Omega Semiconductor by 9.2% during the fourth quarter. Royal Bank of Canada now owns 8,938 shares of the semiconductor company’s stock valued at $177,000 after acquiring an additional 755 shares during the last quarter. Deutsche Bank AG boosted its position in Alpha and Omega Semiconductor by 1.8% during the fourth quarter. Deutsche Bank AG now owns 47,059 shares of the semiconductor company’s stock valued at $932,000 after acquiring an additional 844 shares during the last quarter. Hantz Financial Services Inc. boosted its position in Alpha and Omega Semiconductor by 634.8% during the third quarter. Hantz Financial Services Inc. now owns 1,036 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 895 shares during the last quarter. Finally, Franklin Resources Inc. boosted its position in Alpha and Omega Semiconductor by 5.5% during the fourth quarter. Franklin Resources Inc. now owns 20,281 shares of the semiconductor company’s stock valued at $402,000 after acquiring an additional 1,053 shares during the last quarter. Institutional investors own 78.97% of the company’s stock.
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.
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