Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Receives Consensus Recommendation of “Reduce” from Brokerages

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) has been assigned an average recommendation of “Reduce” from the five research firms that are presently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $23.6667.

AOSL has been the subject of a number of research reports. Wall Street Zen cut shares of Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a report on Saturday, February 7th. Zacks Research downgraded Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 10th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research note on Wednesday, January 21st. Finally, Stifel Nicolaus cut their target price on Alpha and Omega Semiconductor from $24.00 to $22.00 and set a “hold” rating on the stock in a research report on Friday, February 6th.

Alpha and Omega Semiconductor Trading Down 1.4%

Shares of NASDAQ:AOSL opened at $19.86 on Monday. The firm has a 50 day moving average of $21.72 and a 200-day moving average of $24.01. Alpha and Omega Semiconductor has a 12 month low of $15.90 and a 12 month high of $33.01. The stock has a market capitalization of $591.03 million, a PE ratio of -5.72 and a beta of 1.99.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its earnings results on Thursday, February 5th. The semiconductor company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.08). Alpha and Omega Semiconductor had a negative return on equity of 3.78% and a negative net margin of 15.06%.The business had revenue of $162.26 million for the quarter, compared to the consensus estimate of $160.67 million. During the same quarter in the previous year, the company earned $0.09 earnings per share. The firm’s revenue for the quarter was down 6.3% on a year-over-year basis. On average, research analysts predict that Alpha and Omega Semiconductor will post -0.82 EPS for the current fiscal year.

Insiders Place Their Bets

In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 1,845 shares of the company’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $20.56, for a total value of $37,933.20. Following the completion of the transaction, the executive vice president owned 127,863 shares in the company, valued at $2,628,863.28. This represents a 1.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 16.70% of the company’s stock.

Institutional Investors Weigh In On Alpha and Omega Semiconductor

Several large investors have recently modified their holdings of the stock. Invesco Ltd. lifted its position in shares of Alpha and Omega Semiconductor by 19.8% during the 4th quarter. Invesco Ltd. now owns 381,767 shares of the semiconductor company’s stock valued at $7,563,000 after buying an additional 63,134 shares during the last quarter. Summit Global Investments purchased a new position in shares of Alpha and Omega Semiconductor during the 4th quarter valued at $223,000. Empowered Funds LLC increased its stake in Alpha and Omega Semiconductor by 106.7% in the 4th quarter. Empowered Funds LLC now owns 109,541 shares of the semiconductor company’s stock worth $2,170,000 after acquiring an additional 56,558 shares during the last quarter. XTX Topco Ltd purchased a new stake in Alpha and Omega Semiconductor in the fourth quarter valued at approximately $738,000. Finally, Tudor Investment Corp ET AL raised its position in shares of Alpha and Omega Semiconductor by 41.1% during the 4th quarter. Tudor Investment Corp ET AL now owns 15,401 shares of the semiconductor company’s stock valued at $305,000 after buying an additional 4,488 shares in the last quarter. Hedge funds and other 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.