Alpha and Omega Semiconductor (NASDAQ:AOSL) Given New $21.00 Price Target at Stifel Nicolaus

Alpha and Omega Semiconductor (NASDAQ:AOSL) had its target price dropped by Stifel Nicolaus from $23.00 to $21.00 in a report issued on Thursday, Benzinga reports. The firm currently has a “sell” rating on the semiconductor company’s stock. Stifel Nicolaus’ price objective would suggest a potential upside of 5.11% from the stock’s current price.

Several other research firms have also recently commented on AOSL. StockNews.com upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Wednesday, March 6th. B. Riley upgraded shares of Alpha and Omega Semiconductor from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $28.00 to $34.00 in a report on Tuesday, January 2nd.

Alpha and Omega Semiconductor Stock Down 3.3 %

Shares of Alpha and Omega Semiconductor stock traded down $0.68 on Thursday, hitting $19.98. 65,519 shares of the company traded hands, compared to its average volume of 140,520. The company has a 50-day moving average price of $22.29 and a 200 day moving average price of $24.22. The company has a quick ratio of 1.33, a current ratio of 2.52 and a debt-to-equity ratio of 0.04. Alpha and Omega Semiconductor has a 12-month low of $19.98 and a 12-month high of $35.40. The company has a market cap of $565.03 million, a PE ratio of -31.83 and a beta of 2.39.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings results on Tuesday, February 6th. The semiconductor company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.04. Alpha and Omega Semiconductor had a negative net margin of 2.68% and a positive return on equity of 0.64%. The business had revenue of $165.29 million for the quarter, compared to analysts’ expectations of $165.00 million. Sell-side analysts predict that Alpha and Omega Semiconductor will post -0.5 earnings per share for the current year.

Insider Buying and Selling at Alpha and Omega Semiconductor

In other news, CFO Yifan Liang sold 20,000 shares of the stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $23.31, for a total transaction of $466,200.00. Following the sale, the chief financial officer now directly owns 293,296 shares of the company’s stock, valued at $6,836,729.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Alpha and Omega Semiconductor news, CFO Yifan Liang sold 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $23.31, for a total value of $466,200.00. Following the transaction, the chief financial officer now directly owns 293,296 shares of the company’s stock, valued at $6,836,729.76. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Bing Xue sold 4,401 shares of the firm’s stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $20.56, for a total transaction of $90,484.56. Following the completion of the transaction, the executive vice president now directly owns 132,038 shares in the company, valued at $2,714,701.28. The disclosure for this sale can be found here. Insiders sold 71,366 shares of company stock worth $1,762,493 over the last ninety days. Company insiders own 17.90% of the company’s stock.

Institutional Investors Weigh In On Alpha and Omega Semiconductor

Several hedge funds have recently bought and sold shares of AOSL. Pineridge Advisors LLC acquired a new stake in Alpha and Omega Semiconductor in the fourth quarter worth $30,000. Captrust Financial Advisors acquired a new stake in Alpha and Omega Semiconductor in the first quarter worth $45,000. US Bancorp DE acquired a new stake in Alpha and Omega Semiconductor in the first quarter worth $45,000. Tower Research Capital LLC TRC raised its holdings in shares of Alpha and Omega Semiconductor by 154.3% during the third quarter. Tower Research Capital LLC TRC now owns 1,691 shares of the semiconductor company’s stock worth $50,000 after acquiring an additional 1,026 shares during the period. Finally, Belpointe Asset Management LLC raised its holdings in shares of Alpha and Omega Semiconductor by 525.3% during the first quarter. Belpointe Asset Management LLC now owns 2,814 shares of the semiconductor company’s stock worth $76,000 after acquiring an additional 2,364 shares during the period. 78.97% of the stock is currently owned by institutional investors and hedge funds.

Alpha and Omega Semiconductor Company Profile

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.