Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Receives $30.50 Consensus Target Price from Analysts

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) has been given a consensus recommendation of “Hold” by the six research firms that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $30.50.

Several equities analysts recently commented on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research report on Monday, April 20th. Zacks Research raised Alpha and Omega Semiconductor from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. B. Riley Financial upped their target price on Alpha and Omega Semiconductor from $19.00 to $25.00 and gave the company a “neutral” rating in a research report on Monday, April 13th. Wall Street Zen lowered Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research report on Saturday, June 6th. Finally, Needham & Company LLC initiated coverage on Alpha and Omega Semiconductor in a research report on Friday, May 1st. They issued a “buy” rating and a $50.00 target price on the stock.

Insider Buying and Selling at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 4,916 shares of the company’s stock in a transaction that occurred on 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 directly owned 123,660 shares of the company’s stock, 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 SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Yifan Liang sold 26,517 shares of the company’s stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $30.57, for a total value of $810,624.69. Following the completion of the transaction, the chief financial officer directly owned 278,628 shares in the company, valued at approximately $8,517,657.96. The trade was a 8.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 62,368 shares of company stock valued at $2,092,671 in the last three months. Corporate insiders own 16.70% of the company’s stock.

Hedge Funds Weigh In On Alpha and Omega Semiconductor

Institutional investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Alpha and Omega Semiconductor in the 3rd quarter valued at approximately $62,000. Strs Ohio bought a new stake in shares of Alpha and Omega Semiconductor in the 1st quarter valued at approximately $70,000. iSAM Funds UK Ltd bought a new stake in shares of Alpha and Omega Semiconductor in the 3rd quarter valued at approximately $91,000. Tower Research Capital LLC TRC increased its holdings 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 during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Alpha and Omega Semiconductor by 79.9% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,926 shares of the semiconductor company’s stock valued at $157,000 after acquiring an additional 3,519 shares during the last quarter. 78.97% of the stock is owned by institutional investors and hedge funds.

Alpha and Omega Semiconductor Stock Performance

Alpha and Omega Semiconductor stock opened at $45.07 on Wednesday. The stock’s 50 day moving average price is $42.05 and its 200 day moving average price is $28.85. The firm has a market capitalization of $1.35 billion, a PE ratio of -12.66 and a beta of 2.55. Alpha and Omega Semiconductor has a one year low of $17.01 and a one year high of $54.34.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported ($0.28) EPS for the quarter, topping the consensus estimate of ($0.34) by $0.06. The firm had revenue of $163.79 million for the quarter, compared to analyst estimates 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%.Alpha and Omega Semiconductor’s revenue for the quarter was down .5% on a year-over-year basis. During the same period in the previous year, the company posted ($0.10) EPS. On average, analysts forecast that Alpha and Omega Semiconductor will post -1.5 earnings per share for the current fiscal year.

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.