Alpha and Omega Semiconductor (NASDAQ:AOSL) Upgraded to “Hold” at StockNews.com

StockNews.com upgraded shares of Alpha and Omega Semiconductor (NASDAQ:AOSL) from a sell rating to a hold rating in a report released on Friday morning.

Several other research firms have also weighed in on AOSL. Stifel Nicolaus reduced their price objective on Alpha and Omega Semiconductor from $30.00 to $18.00 and set a “sell” rating on the stock in a research note on Thursday, April 17th. Benchmark raised their target price on shares of Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the company a “buy” rating in a research note on Thursday, February 6th.

Alpha and Omega Semiconductor Price Performance

Alpha and Omega Semiconductor stock opened at $19.43 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.50 and a current ratio of 2.72. The company has a market cap of $571.53 million, a price-to-earnings ratio of -24.29 and a beta of 2.48. Alpha and Omega Semiconductor has a 1 year low of $15.90 and a 1 year high of $53.29. The firm has a 50 day moving average price of $24.68 and a 200 day moving average price of $33.16.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its quarterly earnings data on Wednesday, February 5th. The semiconductor company reported ($0.18) EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.26). Alpha and Omega Semiconductor had a negative return on equity of 0.23% and a negative net margin of 3.46%. Sell-side analysts predict that Alpha and Omega Semiconductor will post -0.82 earnings per share for the current year.

Hedge Funds Weigh In On Alpha and Omega Semiconductor

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. IFP Advisors Inc grew its position in Alpha and Omega Semiconductor by 276.8% in the fourth quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company’s stock valued at $28,000 after acquiring an additional 548 shares in the last quarter. Sterling Capital Management LLC grew its holdings in Alpha and Omega Semiconductor by 820.7% during the 4th quarter. Sterling Capital Management LLC now owns 755 shares of the semiconductor company’s stock valued at $28,000 after purchasing an additional 673 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in Alpha and Omega Semiconductor by 47.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 908 shares of the semiconductor company’s stock worth $34,000 after buying an additional 291 shares during the period. CIBC Private Wealth Group LLC acquired a new position in Alpha and Omega Semiconductor in the 4th quarter worth $39,000. Finally, Larson Financial Group LLC purchased a new position in Alpha and Omega Semiconductor in the 4th quarter valued at about $38,000. 78.97% of the stock is owned by institutional investors and hedge funds.

About Alpha and Omega Semiconductor

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.