Alpha and Omega Semiconductor Ltd. (NASDAQ:AOSL) traded down 2.1% during mid-day trading on Monday . The company traded as low as $20.96 and last traded at $20.98, with a volume of 123,260 shares traded. The stock had previously closed at $21.44.

A number of equities research analysts recently issued reports on the stock. B. Riley upgraded shares of Alpha and Omega Semiconductor to a “buy” rating and set a $20.50 price objective for the company in a report on Tuesday, August 16th. Zacks Investment Research cut shares of Alpha and Omega Semiconductor from a “buy” rating to a “hold” rating in a report on Tuesday, July 5th. Finally, TheStreet upgraded shares of Alpha and Omega Semiconductor from a “hold” rating to a “buy” rating in a report on Wednesday, August 10th. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. Alpha and Omega Semiconductor has an average rating of “Buy” and a consensus target price of $16.63.

The stock’s 50 day moving average price is $18.58 and its 200-day moving average price is $14.50. The stock’s market capitalization is $477.63 million.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings results on Wednesday, August 10th. The company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.09. The company had revenue of $91.40 million for the quarter, compared to analysts’ expectations of $87.50 million. Alpha and Omega Semiconductor had a negative net margin of 0.87% and a negative return on equity of 0.91%. On average, equities analysts predict that Alpha and Omega Semiconductor Ltd. will post $0.37 EPS for the current fiscal year.

In related news, VP Daniel Kuang Ming Chang sold 2,070 shares of the firm’s stock in a transaction on Wednesday, July 13th. The shares were sold at an average price of $14.50, for a total transaction of $30,015.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Yifan Liang sold 17,436 shares of the firm’s stock in a transaction on Thursday, August 11th. The stock was sold at an average price of $16.00, for a total transaction of $278,976.00. The disclosure for this sale can be found here. Corporate insiders own 23.70% of the company’s stock.

Large investors have recently modified their holdings of the company. Acadian Asset Management LLC raised its stake in shares of Alpha and Omega Semiconductor by 229.2% in the first quarter. Acadian Asset Management LLC now owns 370,160 shares of the company’s stock worth $4,385,000 after buying an additional 257,704 shares during the last quarter. BlackRock Institutional Trust Company N.A. raised its stake in shares of Alpha and Omega Semiconductor by 74.8% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 365,940 shares of the company’s stock worth $4,336,000 after buying an additional 156,637 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Alpha and Omega Semiconductor by 184.1% in the first quarter. JPMorgan Chase & Co. now owns 673,660 shares of the company’s stock worth $7,983,000 after buying an additional 436,500 shares during the last quarter. Spark Investment Management LLC raised its stake in shares of Alpha and Omega Semiconductor by 113.4% in the first quarter. Spark Investment Management LLC now owns 121,000 shares of the company’s stock worth $1,433,000 after buying an additional 64,300 shares during the last quarter. Finally, State Street Corp raised its stake in shares of Alpha and Omega Semiconductor by 5.3% in the first quarter. State Street Corp now owns 294,398 shares of the company’s stock worth $3,486,000 after buying an additional 14,856 shares during the last quarter. Institutional investors and hedge funds own 66.10% of the company’s stock.

About Alpha and Omega Semiconductor

Alpha and Omega Semiconductor Limited is a designer, developer and global supplier of power semiconductors. The Company’s portfolio of products targets high-volume applications, including personal computers, flat panel televisions (TVs), light-emitting diode (LED) lighting, smart phones, battery packs, consumer and industrial motor controls and power supplies for TVs, computers, servers and telecommunications equipment.

5 Day Chart for NASDAQ:AOSL

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