Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Short Interest Update

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) was the recipient of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 1,900,000 shares, a growth of 8.0% from the January 15th total of 1,760,000 shares. Currently, 8.0% of the company’s stock are sold short. Based on an average daily trading volume, of 813,200 shares, the days-to-cover ratio is currently 2.3 days.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. StockNews.com raised Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Thursday. Benchmark raised their price target on Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the company a “buy” rating in a research report on Thursday, February 6th. 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. Finally, B. Riley reduced their target price on shares of 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 0.5 %

NASDAQ AOSL opened at $34.74 on Monday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.44 and a current ratio of 2.72. The firm has a 50-day simple moving average of $39.53 and a 200 day simple moving average of $37.20. Alpha and Omega Semiconductor has a twelve month low of $19.38 and a twelve month high of $53.29. The stock has a market cap of $1.01 billion, a PE ratio of -43.43 and a beta of 2.47.

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 analysts’ consensus estimates of $0.08 by ($0.26). Alpha and Omega Semiconductor had a negative return on equity of 0.23% and a negative net margin of 3.46%. On average, research analysts forecast that Alpha and Omega Semiconductor will post -0.67 EPS for the current year.

Insiders Place Their Bets

In other news, EVP Bing Xue sold 1,242 shares of the firm’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $35.00, for a total value of $43,470.00. Following the sale, the executive vice president now directly owns 115,368 shares of the company’s stock, valued at approximately $4,037,880. This trade represents a 1.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Claudia Chen sold 5,623 shares of the firm’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $51.27, for a total value of $288,291.21. Following the completion of the sale, the director now directly owns 26,572 shares in the company, valued at approximately $1,362,346.44. This represents a 17.47 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 53,124 shares of company stock valued at $2,500,685 over the last three months. 16.90% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. lifted its stake in Alpha and Omega Semiconductor by 47.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 908 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 291 shares during the period. BNP Paribas Financial Markets lifted its stake in Alpha and Omega Semiconductor by 4.9% during the third quarter. BNP Paribas Financial Markets now owns 10,853 shares of the semiconductor company’s stock worth $403,000 after purchasing an additional 508 shares during the period. IFP Advisors Inc lifted its stake in Alpha and Omega Semiconductor by 276.8% during the fourth quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 548 shares during the period. Sterling Capital Management LLC raised its stake in shares of Alpha and Omega Semiconductor by 820.7% in the fourth quarter. Sterling Capital Management LLC now owns 755 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 673 shares during the last quarter. Finally, CIBC Private Wealth Group LLC bought a new position in shares of Alpha and Omega Semiconductor in the fourth quarter valued at approximately $39,000. Institutional investors own 78.97% of the company’s stock.

About Alpha and Omega Semiconductor

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.