BidaskClub cut shares of Alpha and Omega Semiconductor (NASDAQ:AOSL) from a hold rating to a sell rating in a research note issued to investors on Saturday.

AOSL has been the subject of several other research reports. B. Riley reissued a buy rating and set a $30.00 target price on shares of Alpha and Omega Semiconductor in a research note on Sunday, August 13th. Stifel Nicolaus cut their target price on Alpha and Omega Semiconductor from $19.00 to $18.00 and set a hold rating for the company in a research note on Thursday, September 7th. Finally, Northland Securities reissued a buy rating and set a $30.00 target price on shares of Alpha and Omega Semiconductor in a research note on Friday, November 3rd. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average price target of $25.00.

Shares of Alpha and Omega Semiconductor (AOSL) opened at $17.34 on Friday. The stock has a market capitalization of $421.39, a price-to-earnings ratio of 28.74 and a beta of 0.26. Alpha and Omega Semiconductor has a one year low of $14.81 and a one year high of $23.62.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its earnings results on Thursday, November 2nd. The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.01). The business had revenue of $104.90 million for the quarter, compared to analyst estimates of $103.15 million. Alpha and Omega Semiconductor had a return on equity of 4.85% and a net margin of 3.92%. Alpha and Omega Semiconductor’s revenue was up 7.0% compared to the same quarter last year. During the same period last year, the business earned $0.14 EPS. research analysts anticipate that Alpha and Omega Semiconductor will post 0.64 earnings per share for the current fiscal year.

In other news, VP Daniel Kuang Ming Chang sold 3,398 shares of Alpha and Omega Semiconductor stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $18.00, for a total value of $61,164.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 21.70% of the company’s stock.

Large investors have recently added to or reduced their stakes in the stock. Teachers Advisors LLC lifted its holdings in Alpha and Omega Semiconductor by 7.4% during the 1st quarter. Teachers Advisors LLC now owns 89,162 shares of the semiconductor company’s stock worth $1,533,000 after buying an additional 6,170 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Alpha and Omega Semiconductor by 16.3% during the 1st quarter. Vanguard Group Inc. now owns 978,591 shares of the semiconductor company’s stock worth $16,822,000 after buying an additional 137,513 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Alpha and Omega Semiconductor by 36.2% during the 1st quarter. Geode Capital Management LLC now owns 216,104 shares of the semiconductor company’s stock worth $3,714,000 after buying an additional 57,479 shares during the last quarter. Morgan Stanley lifted its holdings in Alpha and Omega Semiconductor by 55.3% during the 1st quarter. Morgan Stanley now owns 225,061 shares of the semiconductor company’s stock worth $3,869,000 after buying an additional 80,131 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in Alpha and Omega Semiconductor by 0.8% during the 1st quarter. Bank of America Corp DE now owns 130,127 shares of the semiconductor company’s stock worth $2,237,000 after buying an additional 985 shares during the last quarter. Hedge funds and other institutional investors own 70.52% of the company’s stock.

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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 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).

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