Alpha and Omega Semiconductor (NASDAQ:AOSL) Lowered to Sell at BidaskClub

Alpha and Omega Semiconductor (NASDAQ:AOSL) was downgraded by stock analysts at BidaskClub from a “hold” rating to a “sell” rating in a note issued to investors on Saturday, December 2nd.

A number of other equities research analysts have also weighed in on AOSL. B. Riley reissued a “buy” rating and issued a $30.00 target price on shares of Alpha and Omega Semiconductor in a research note on Monday, August 7th. Stifel Nicolaus lowered their target price on Alpha and Omega Semiconductor from $19.00 to $18.00 and set a “hold” rating for the company in a research note on Thursday, September 7th. Finally, Northland Securities restated a “buy” rating and set a $30.00 price target on shares of Alpha and Omega Semiconductor in a report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $25.00.

Alpha and Omega Semiconductor (AOSL) traded up $0.07 during trading hours on Friday, reaching $17.50. The company had a trading volume of 67,200 shares, compared to its average volume of 107,350. Alpha and Omega Semiconductor has a 12 month low of $14.81 and a 12 month high of $23.62. The company has a market capitalization of $418.98, a price-to-earnings ratio of 28.57 and a beta of 0.26.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its quarterly earnings results on Thursday, November 2nd. The semiconductor company reported $0.19 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.01). Alpha and Omega Semiconductor had a return on equity of 4.85% and a net margin of 3.92%. The firm had revenue of $104.90 million for the quarter, compared to the consensus estimate of $103.15 million. During the same period last year, the firm earned $0.14 EPS. The company’s revenue for the quarter was up 7.0% on a year-over-year basis. research analysts anticipate that Alpha and Omega Semiconductor will post 0.64 EPS for the current year.

In other Alpha and Omega Semiconductor news, VP Daniel Kuang Ming Chang sold 3,398 shares of the company’s stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $18.00, for a total transaction of $61,164.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 21.70% of the stock is currently owned by corporate insiders.

Several institutional investors have recently bought and sold shares of AOSL. Teachers Advisors LLC lifted its position in Alpha and Omega Semiconductor by 7.4% in the 1st quarter. Teachers Advisors LLC now owns 89,162 shares of the semiconductor company’s stock valued at $1,533,000 after acquiring an additional 6,170 shares in the last quarter. Vanguard Group Inc. lifted its position in Alpha and Omega Semiconductor by 16.3% in the 1st quarter. Vanguard Group Inc. now owns 978,591 shares of the semiconductor company’s stock valued at $16,822,000 after acquiring an additional 137,513 shares in the last quarter. Geode Capital Management LLC lifted its position in Alpha and Omega Semiconductor by 36.2% in the 1st quarter. Geode Capital Management LLC now owns 216,104 shares of the semiconductor company’s stock valued at $3,714,000 after acquiring an additional 57,479 shares in the last quarter. Morgan Stanley lifted its position in Alpha and Omega Semiconductor by 55.3% in the 1st quarter. Morgan Stanley now owns 225,061 shares of the semiconductor company’s stock valued at $3,869,000 after acquiring an additional 80,131 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in Alpha and Omega Semiconductor by 0.8% in the 1st quarter. Bank of America Corp DE now owns 130,127 shares of the semiconductor company’s stock valued at $2,237,000 after acquiring an additional 985 shares in the last quarter. Institutional investors own 70.52% of the company’s stock.

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Alpha and Omega Semiconductor Company Profile

Alpha and Omega Semiconductor Limited is a designer, developer and global supplier of power semiconductors. The Company’s portfolio of power semiconductors includes approximately 1,600 products, as of June 30, 2016. The Company’s product portfolio consists of two categories: power discretes and power integrated circuits (ICs).

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