Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Receives Average Recommendation of “Hold” from Analysts

Alpha and Omega Semiconductor Limited (NASDAQ:AOSLGet Free Report) has been assigned an average recommendation of “Hold” from the seven brokerages that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $40.00.

A number of research firms have commented on AOSL. Lake Street Capital began coverage on shares of Alpha and Omega Semiconductor in a research note on Thursday, June 25th. They set a “buy” rating and a $58.00 price objective for the company. Weiss Ratings restated a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research report on Friday, July 17th. Wall Street Zen cut shares of Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research report on Saturday, July 25th. Stifel Nicolaus boosted their target price on shares of Alpha and Omega Semiconductor from $36.00 to $42.00 and gave the company a “hold” rating in a research note on Wednesday, June 24th. Finally, B. Riley Financial lifted their price target on Alpha and Omega Semiconductor from $19.00 to $25.00 and gave the company a “neutral” rating in a report on Monday, April 13th.

View Our Latest Stock Analysis on Alpha and Omega Semiconductor

Alpha and Omega Semiconductor Stock Performance

Shares of NASDAQ:AOSL opened at $32.54 on Thursday. The stock has a market capitalization of $973.92 million, a price-to-earnings ratio of -9.14 and a beta of 2.60. Alpha and Omega Semiconductor has a 1-year low of $17.01 and a 1-year high of $54.34. The company has a 50 day moving average price of $39.68 and a 200 day moving average price of $32.07.

Alpha and Omega Semiconductor (NASDAQ:AOSLGet Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported ($0.28) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.34) by $0.06. The company had revenue of $163.79 million for the quarter, compared to analysts’ expectations of $160.07 million. Alpha and Omega Semiconductor had a negative return on equity of 4.30% and a negative net margin of 15.51%.The firm’s revenue was down .5% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.10) earnings per share. On average, sell-side analysts expect that Alpha and Omega Semiconductor will post -1.5 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Bing Xue sold 4,916 shares of the company’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $47.09, for a total value of $231,494.44. Following the transaction, the executive vice president owned 123,660 shares in the company, valued at $5,823,149.40. This represents a 3.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 16.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Alpha and Omega Semiconductor

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Weber Capital Management LLC ADV acquired a new stake in shares of Alpha and Omega Semiconductor during the 4th quarter valued at about $10,842,000. Massachusetts Financial Services Co. MA acquired a new position in Alpha and Omega Semiconductor in the fourth quarter worth approximately $563,000. Royce & Associates LP increased its holdings in Alpha and Omega Semiconductor by 10.9% in the fourth quarter. Royce & Associates LP now owns 474,015 shares of the semiconductor company’s stock worth $9,390,000 after buying an additional 46,662 shares during the last quarter. UBS Group AG raised its position in Alpha and Omega Semiconductor by 224.7% during the fourth quarter. UBS Group AG now owns 217,121 shares of the semiconductor company’s stock valued at $4,301,000 after acquiring an additional 150,254 shares in the last quarter. Finally, WINTON GROUP Ltd raised its position in Alpha and Omega Semiconductor by 189.9% during the fourth quarter. WINTON GROUP Ltd now owns 137,265 shares of the semiconductor company’s stock valued at $2,719,000 after acquiring an additional 89,914 shares in the last quarter. Hedge funds and other institutional investors own 78.97% of the company’s stock.

Alpha and Omega Semiconductor Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Alpha and Omega Semiconductor (NASDAQ:AOSL)

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