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

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) has been given a consensus recommendation of “Hold” by the seven brokerages that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is $41.50.

AOSL has been the subject of several recent analyst reports. Wall Street Zen lowered shares of Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research note on Saturday, July 25th. Lake Street Capital began coverage on shares of Alpha and Omega Semiconductor in a report on Thursday, June 25th. They issued a “buy” rating and a $58.00 target price for the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research note on Friday, July 17th. B. Riley Financial cut their price target on shares of Alpha and Omega Semiconductor from $38.00 to $34.00 and set a “neutral” rating on the stock in a report on Thursday, August 13th. Finally, Needham & Company LLC reduced their price objective on shares of Alpha and Omega Semiconductor from $50.00 to $45.00 and set a “buy” rating on the stock in a research report on Thursday, August 13th.

Alpha and Omega Semiconductor Price Performance

Shares of AOSL stock opened at $25.20 on Monday. Alpha and Omega Semiconductor has a 1 year low of $17.01 and a 1 year high of $54.34. The stock’s 50 day simple moving average is $32.09 and its two-hundred day simple moving average is $33.07. The company has a market cap of $762.55 million, a PE ratio of -17.87 and a beta of 2.56.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its earnings results on Wednesday, August 12th. The semiconductor company reported ($0.13) EPS for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.11. Alpha and Omega Semiconductor had a negative return on equity of 4.88% and a negative net margin of 6.23%.The firm had revenue of $170.37 million during the quarter, compared to analysts’ expectations of $168.00 million. During the same quarter in the previous year, the business earned $0.02 EPS. The company’s quarterly revenue was down 3.5% on a year-over-year basis. Equities research analysts expect that Alpha and Omega Semiconductor will post -1.7 EPS for the current year.

Insider Buying and Selling at Alpha and Omega Semiconductor

In related news, EVP Bing Xue sold 4,916 shares of the business’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $47.09, for a total transaction of $231,494.44. Following the completion of the transaction, the executive vice president owned 123,660 shares in the company, valued at $5,823,149.40. The trade was a 3.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 16.70% of the company’s stock.

Institutional Trading of Alpha and Omega Semiconductor

Large investors have recently made changes to their positions in the stock. California State Teachers Retirement System grew its holdings in shares of Alpha and Omega Semiconductor by 5,436.2% in the second quarter. California State Teachers Retirement System now owns 1,316,721 shares of the semiconductor company’s stock worth $62,320,000 after purchasing an additional 1,292,937 shares during the last quarter. AXQ Capital LP bought a new stake in Alpha and Omega Semiconductor during the 2nd quarter valued at about $357,000. Public Employees Retirement System of Ohio purchased a new stake in Alpha and Omega Semiconductor in the 2nd quarter valued at about $197,000. Globeflex Capital L P purchased a new stake in Alpha and Omega Semiconductor in the 2nd quarter valued at about $182,000. Finally, Empowered Funds LLC grew its stake in Alpha and Omega Semiconductor by 9.9% in the 1st quarter. Empowered Funds LLC now owns 120,331 shares of the semiconductor company’s stock worth $2,667,000 after acquiring an additional 10,790 shares in the last quarter. 78.97% of the stock is 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.