Alpha and Omega Semiconductor (NASDAQ:AOSL) Issues Earnings Results

Alpha and Omega Semiconductor (NASDAQ:AOSL) announced its earnings results on Tuesday. The semiconductor company reported ($0.04) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.10, Briefing.com reports. Alpha and Omega Semiconductor had a negative net margin of 2.68% and a positive return on equity of 0.64%. The business had revenue of $150.10 million for the quarter, compared to analyst estimates of $150.13 million. During the same quarter in the previous year, the firm posted ($0.59) earnings per share. Alpha and Omega Semiconductor’s revenue was up 13.2% compared to the same quarter last year.

Alpha and Omega Semiconductor Stock Up 0.5 %

Shares of NASDAQ:AOSL opened at $22.28 on Wednesday. Alpha and Omega Semiconductor has a 52 week low of $19.38 and a 52 week high of $35.40. The company has a 50 day moving average price of $21.96 and a two-hundred day moving average price of $23.48. The company has a market capitalization of $630.03 million, a PE ratio of -35.37 and a beta of 2.36. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.33 and a current ratio of 2.52.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Stifel Nicolaus cut their price target on shares of Alpha and Omega Semiconductor from $23.00 to $21.00 and set a “sell” rating for the company in a research note on Thursday, April 18th. StockNews.com raised Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research note on Wednesday, March 6th.

Insider Transactions at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, CFO Yifan Liang sold 20,000 shares of Alpha and Omega Semiconductor stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $23.31, for a total value of $466,200.00. Following the transaction, the chief financial officer now owns 293,296 shares of the company’s stock, valued at $6,836,729.76. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 1,956 shares of the business’s stock in a transaction dated Monday, April 22nd. The shares were sold at an average price of $19.57, for a total transaction of $38,278.92. Following the sale, the executive vice president now directly owns 130,082 shares of the company’s stock, valued at approximately $2,545,704.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Yifan Liang sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $23.31, for a total value of $466,200.00. Following the completion of the transaction, the chief financial officer now owns 293,296 shares of the company’s stock, valued at approximately $6,836,729.76. The disclosure for this sale can be found here. Insiders have sold a total of 40,649 shares of company stock valued at $920,392 over the last 90 days. 17.90% of the stock is owned by company insiders.

Alpha and Omega Semiconductor Company Profile

Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications in Hong Kong, China, South Korea, the United States, and internationally. It offers power discrete products, including metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors for use in smart phone chargers, battery packs, notebooks, desktop and servers, data centers, base stations, graphics card, game boxes, TVs, AC adapters, power supplies, motor control, power tools, E-vehicles, white goods and industrial motor drives, UPS systems, solar inverters, and industrial welding.