Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Receives $23.67 Consensus Target Price from Analysts

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) has received a consensus recommendation of “Reduce” from the five research firms that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $23.6667.

Several equities research analysts have issued reports on the company. B. Riley Financial reaffirmed a “neutral” rating and set a $24.00 price target (down previously from $40.00) on shares of Alpha and Omega Semiconductor in a report on Thursday, November 6th. Benchmark cut their price objective on shares of Alpha and Omega Semiconductor from $32.00 to $25.00 and set a “buy” rating for the company in a research report on Thursday, November 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research report on Wednesday, January 21st. Wall Street Zen downgraded shares of Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a report on Saturday, February 7th. Finally, Stifel Nicolaus dropped their price objective on shares of 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.

Alpha and Omega Semiconductor Trading Down 1.6%

NASDAQ:AOSL opened at $22.35 on Thursday. Alpha and Omega Semiconductor has a 1-year low of $15.90 and a 1-year high of $37.37. The firm has a fifty day simple moving average of $21.46 and a 200 day simple moving average of $24.44. The stock has a market capitalization of $665.14 million, a PE ratio of -6.44 and a beta of 2.01.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly earnings results on Thursday, February 5th. The semiconductor company reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.08). The firm had revenue of $162.26 million during the quarter, compared to analyst estimates of $160.67 million. Alpha and Omega Semiconductor had a negative net margin of 15.06% and a negative return on equity of 3.78%. The business’s revenue was down 6.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.09 EPS. On average, equities analysts predict that Alpha and Omega Semiconductor will post -0.82 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, EVP Bing Xue sold 1,845 shares of the business’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $20.56, for a total value of $37,933.20. Following the transaction, the executive vice president directly owned 127,863 shares of the company’s stock, valued at $2,628,863.28. The trade was a 1.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 16.70% of the company’s stock.

Hedge Funds Weigh In On Alpha and Omega Semiconductor

Institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in shares of Alpha and Omega Semiconductor by 1.4% during the 3rd quarter. Vanguard Group Inc. now owns 2,453,975 shares of the semiconductor company’s stock worth $68,613,000 after buying an additional 33,959 shares during the period. The Manufacturers Life Insurance Company boosted its stake in Alpha and Omega Semiconductor by 4.7% during the fourth quarter. The Manufacturers Life Insurance Company now owns 1,628,634 shares of the semiconductor company’s stock worth $32,263,000 after acquiring an additional 73,631 shares in the last quarter. State Street Corp grew its holdings in Alpha and Omega Semiconductor by 21.6% in the fourth quarter. State Street Corp now owns 1,474,175 shares of the semiconductor company’s stock worth $29,203,000 after purchasing an additional 262,117 shares during the period. Boston Partners increased its stake in Alpha and Omega Semiconductor by 86.4% in the second quarter. Boston Partners now owns 1,109,377 shares of the semiconductor company’s stock valued at $28,467,000 after purchasing an additional 514,240 shares in the last quarter. Finally, Wellington Management Group LLP raised its holdings in shares of Alpha and Omega Semiconductor by 15.0% during the third quarter. Wellington Management Group LLP now owns 864,965 shares of the semiconductor company’s stock valued at $24,184,000 after purchasing an additional 113,077 shares during the period. 78.97% of the stock is owned by institutional investors and hedge funds.

About Alpha and Omega Semiconductor

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.