Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) posted its earnings results on Thursday. The semiconductor company reported $0.19 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.01), Briefing.com reports. Alpha and Omega Semiconductor Limited had a net margin of 3.92% and a return on equity of 5.23%. The firm had revenue of $104.90 million during the quarter, compared to analysts’ expectations of $103.15 million. During the same period in the previous year, the firm posted $0.14 earnings per share. The firm’s revenue for the quarter was up 7.0% on a year-over-year basis.

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) traded down $0.91 during trading on Friday, hitting $17.41. The stock had a trading volume of 179,962 shares, compared to its average volume of 75,432. The firm has a market capitalization of $447.58 million, a PE ratio of 30.52 and a beta of 0.29.

In other news, VP Daniel Kuang Ming Chang sold 3,398 shares of the business’s stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $18.00, for a total value of $61,164.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 21.70% of the stock is currently owned by insiders.

Several research firms have recently weighed in on AOSL. Sidoti began coverage on Alpha and Omega Semiconductor Limited in a report on Thursday, July 13th. They issued a “buy” rating for the company. B. Riley reissued a “buy” rating and issued a $30.00 target price on shares of Alpha and Omega Semiconductor Limited in a report on Sunday, August 13th. Stifel Nicolaus reduced their target price on Alpha and Omega Semiconductor Limited from $19.00 to $18.00 and set a “hold” rating for the company in a report on Thursday, September 7th. Finally, Northland Securities reissued a “buy” rating and issued a $30.00 target price on shares of Alpha and Omega Semiconductor Limited in a report on Friday. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $25.00.

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About Alpha and Omega Semiconductor Limited

Alpha and Omega Semiconductor Limited is a designer, developer and global supplier of power semiconductors. The Company’s portfolio of power semiconductors includes approximately 1,600 products, as of June 30, 2016. The Company’s product portfolio consists of two categories: power discretes and power integrated circuits (ICs).

Earnings History for Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

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