Alpha and Omega Semiconductor (NASDAQ:AOSL) Hits New 12-Month High – Should You Buy?

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as $51.14 and last traded at $48.5670, with a volume of 383610 shares changing hands. The stock had previously closed at $47.89.

Wall Street Analysts Forecast Growth

Several research analysts have commented on AOSL shares. Wall Street Zen upgraded shares of Alpha and Omega Semiconductor from a “strong sell” rating to a “hold” rating in a research report on Saturday, May 9th. Needham & Company LLC initiated coverage on Alpha and Omega Semiconductor in a research report on Friday, May 1st. They set a “buy” rating and a $50.00 price objective for the company. Stifel Nicolaus decreased their price objective on Alpha and Omega Semiconductor from $24.00 to $22.00 and set a “hold” rating for the company in a report on Friday, February 6th. Weiss Ratings restated a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research report on Monday, April 20th. Finally, B. Riley Financial lifted their target price on Alpha and Omega Semiconductor from $19.00 to $25.00 and gave the company a “neutral” rating in a research note on Monday, April 13th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $30.50.

Alpha and Omega Semiconductor Stock Performance

The stock’s fifty day simple moving average is $32.60 and its two-hundred day simple moving average is $25.08. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of -13.31 and a beta of 2.58.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported ($0.28) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.34) by $0.06. Alpha and Omega Semiconductor had a negative net margin of 15.51% and a negative return on equity of 4.30%. The company had revenue of $163.79 million for the quarter, compared to analysts’ expectations of $160.07 million. During the same quarter in the previous year, the company posted ($0.10) EPS. The business’s revenue was down .5% compared to the same quarter last year. On average, equities analysts anticipate that Alpha and Omega Semiconductor Limited will post -1.5 EPS for the current fiscal year.

Insider Buying and Selling at Alpha and Omega Semiconductor

In related news, EVP Bing Xue sold 2,408 shares of Alpha and Omega Semiconductor stock in a transaction on Monday, March 16th. The stock was sold at an average price of $21.92, for a total value of $52,783.36. Following the transaction, the executive vice president directly owned 113,631 shares in the company, valued at $2,490,791.52. The trade was a 2.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Yifan Liang sold 26,517 shares of the business’s stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $30.57, for a total value of $810,624.69. Following the sale, the chief financial officer directly owned 278,628 shares in the company, valued at $8,517,657.96. This trade represents a 8.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 59,860 shares of company stock worth $1,913,960. 16.70% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Alpha and Omega Semiconductor

Institutional investors have recently bought and sold shares of the stock. Hantz Financial Services Inc. raised its holdings in Alpha and Omega Semiconductor by 634.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,036 shares of the semiconductor company’s stock worth $29,000 after buying an additional 895 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Alpha and Omega Semiconductor in the third quarter worth approximately $62,000. Strs Ohio acquired a new stake in shares of Alpha and Omega Semiconductor during the first quarter valued at approximately $70,000. iSAM Funds UK Ltd purchased a new stake in shares of Alpha and Omega Semiconductor in the 3rd quarter valued at approximately $91,000. Finally, Tower Research Capital LLC TRC lifted its position in shares of Alpha and Omega Semiconductor by 574.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,957 shares of the semiconductor company’s stock valued at $127,000 after acquiring an additional 4,222 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

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.