Alpha and Omega Semiconductor (NASDAQ:AOSL) Price Target Lowered to $27.00 at Stifel Nicolaus

Alpha and Omega Semiconductor (NASDAQ:AOSL) had its target price lowered by Stifel Nicolaus from $34.00 to $27.00 in a research report sent to investors on Wednesday morning,Benzinga reports. The brokerage currently has a sell rating on the semiconductor company’s stock.

Several other research analysts also recently commented on the stock. B. Riley dropped their target price on shares of Alpha and Omega Semiconductor from $50.00 to $47.00 and set a “buy” rating on the stock in a report on Tuesday, November 5th. Benchmark reaffirmed a “buy” rating and issued a $40.00 price target on shares of Alpha and Omega Semiconductor in a research report on Wednesday. Finally, StockNews.com cut Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research report on Tuesday, November 5th.

Alpha and Omega Semiconductor Trading Down 2.8 %

Shares of NASDAQ:AOSL opened at $26.49 on Wednesday. The company has a quick ratio of 1.31, a current ratio of 2.65 and a debt-to-equity ratio of 0.03. The business has a 50-day moving average of $35.13 and a two-hundred day moving average of $34.10. Alpha and Omega Semiconductor has a fifty-two week low of $19.38 and a fifty-two week high of $47.45.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its earnings results on Monday, November 4th. The semiconductor company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). Alpha and Omega Semiconductor had a positive return on equity of 0.19% and a negative net margin of 2.94%. The company had revenue of $181.89 million for the quarter, compared to the consensus estimate of $180.07 million. During the same period in the previous year, the company earned $0.30 EPS. The firm’s revenue for the quarter was up .7% compared to the same quarter last year. On average, research analysts anticipate that Alpha and Omega Semiconductor will post -0.32 EPS for the current year.

Insider Buying and Selling at Alpha and Omega Semiconductor

In other news, Director Lucas S. Chang sold 3,377 shares of the company’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $38.06, for a total transaction of $128,528.62. Following the completion of the transaction, the director now owns 33,245 shares of the company’s stock, valued at approximately $1,265,304.70. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Lucas S. Chang sold 3,377 shares of the business’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $38.06, for a total transaction of $128,528.62. Following the sale, the director now directly owns 33,245 shares in the company, valued at approximately $1,265,304.70. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, COO Wenjun Li sold 2,183 shares of the firm’s stock in a transaction on Thursday, October 24th. The stock was sold at an average price of $35.49, for a total value of $77,474.67. Following the completion of the transaction, the chief operating officer now directly owns 61,331 shares of the company’s stock, valued at approximately $2,176,637.19. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 15,560 shares of company stock valued at $562,003 in the last ninety days. Company insiders own 16.90% of the company’s stock.

Institutional Trading of Alpha and Omega Semiconductor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AOSL. BNP Paribas Financial Markets boosted its holdings in Alpha and Omega Semiconductor by 7.6% during the first quarter. BNP Paribas Financial Markets now owns 32,965 shares of the semiconductor company’s stock valued at $727,000 after purchasing an additional 2,336 shares in the last quarter. Texas Permanent School Fund Corp boosted its stake in Alpha and Omega Semiconductor by 3.2% in the 1st quarter. Texas Permanent School Fund Corp now owns 20,046 shares of the semiconductor company’s stock valued at $442,000 after buying an additional 613 shares in the last quarter. Susquehanna Fundamental Investments LLC acquired a new stake in Alpha and Omega Semiconductor in the 1st quarter valued at $616,000. Sei Investments Co. grew its position in Alpha and Omega Semiconductor by 51.6% in the first quarter. Sei Investments Co. now owns 108,301 shares of the semiconductor company’s stock valued at $2,387,000 after acquiring an additional 36,853 shares during the period. Finally, First Eagle Investment Management LLC lifted its holdings in shares of Alpha and Omega Semiconductor by 18.9% during the first quarter. First Eagle Investment Management LLC now owns 446,542 shares of the semiconductor company’s stock valued at $9,842,000 after acquiring an additional 71,000 shares during the period. Institutional investors own 78.97% of the company’s stock.

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.