Alpha and Omega Semiconductor (NASDAQ:AOSL) Price Target Cut to $25.00 by Analysts at B. Riley Financial

Alpha and Omega Semiconductor (NASDAQ:AOSL) had its price target lowered by stock analysts at B. Riley Financial from $34.00 to $25.00 in a research note issued on Friday, Benzinga reports. The firm currently has a “neutral” rating on the semiconductor company’s stock. B. Riley Financial‘s price target would indicate a potential upside of 12.11% from the company’s current price.

AOSL has been the subject of a number of other reports. Williams Trading set a $45.00 price target on shares of Alpha and Omega Semiconductor in a research report on Thursday, August 13th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research report on Thursday, October 15th. Lake Street Capital began coverage on 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. Needham & Company LLC dropped their price objective on Alpha and Omega Semiconductor from $50.00 to $45.00 and set a “buy” rating for the company in a research note on Thursday, August 13th. Finally, Wall Street Zen cut Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research report on Saturday, July 25th. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Alpha and Omega Semiconductor presently has an average rating of “Hold” and a consensus target price of $38.67.

Alpha and Omega Semiconductor Trading Down 6.4%

AOSL stock opened at $22.30 on Friday. The firm has a 50 day moving average of $26.19 and a 200-day moving average of $34.14. Alpha and Omega Semiconductor has a 12 month low of $17.01 and a 12 month high of $54.34. The firm has a market capitalization of $675.91 million, a P/E ratio of -15.82 and a beta of 2.64.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its quarterly earnings data on Wednesday, August 12th. The semiconductor company reported ($0.13) EPS for the quarter, beating the consensus estimate of ($0.24) by $0.11. The company had revenue of $170.37 million during the quarter, compared to analysts’ expectations of $168.00 million. Alpha and Omega Semiconductor had a negative net margin of 6.23% and a negative return on equity of 4.88%. Alpha and Omega Semiconductor’s revenue for the quarter was down 3.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.02 earnings per share. Sell-side analysts predict that Alpha and Omega Semiconductor will post -1.70 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its stake in Alpha and Omega Semiconductor by 15.2% in the third quarter. GAMMA Investing LLC now owns 4,095 shares of the semiconductor company’s stock valued at $113,000 after acquiring an additional 541 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in Alpha and Omega Semiconductor during the second quarter worth about $40,000. Farther Finance Advisors LLC lifted its position in Alpha and Omega Semiconductor by 2,008.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,223 shares of the semiconductor company’s stock worth $34,000 after buying an additional 1,165 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of Alpha and Omega Semiconductor by 1.0% in the 1st quarter. Principal Financial Group Inc. now owns 120,075 shares of the semiconductor company’s stock valued at $2,661,000 after purchasing an additional 1,178 shares in the last quarter. Finally, Globeflex Capital L P bought a new position in shares of Alpha and Omega Semiconductor during the 2nd quarter valued at $182,000. Institutional investors own 78.97% of the company’s stock.

About Alpha and Omega Semiconductor

Alpha and Omega Semiconductor Limited (NASDAQ: AOSL) is a semiconductor company that designs, develops and supplies power management products. Its portfolio includes power MOSFETs, power integrated circuits, transient voltage suppressors, insulated-gate bipolar transistors and other power semiconductor devices used to manage, convert and protect electrical power.

The company’s products are used in applications including personal computers, servers, telecommunications equipment, consumer electronics, industrial systems, automotive equipment and power supplies.