Brokerages Set Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Price Target at $23.67

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) has been given a consensus recommendation of “Reduce” by the five analysts that are covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is $23.6667.

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

NASDAQ:AOSL opened at $22.65 on Thursday. The company has a market capitalization of $674.06 million, a PE ratio of -6.53 and a beta of 2.01. Alpha and Omega Semiconductor has a 1-year low of $15.90 and a 1-year high of $37.37. The firm’s 50-day moving average price is $21.42 and its 200-day moving average price is $24.51.

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

Insider Buying and Selling at Alpha and Omega Semiconductor

In other news, EVP Bing Xue sold 1,845 shares of the firm’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $20.56, for a total value of $37,933.20. Following the completion of the sale, the executive vice president owned 127,863 shares in the company, valued at approximately $2,628,863.28. This trade represents a 1.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 16.70% of the company’s stock.

Institutional Trading of Alpha and Omega Semiconductor

Several institutional investors have recently added to or reduced their stakes in the company. Nisa Investment Advisors LLC raised its holdings in shares of Alpha and Omega Semiconductor by 137.6% in the second quarter. Nisa Investment Advisors LLC now owns 1,012 shares of the semiconductor company’s stock worth $26,000 after buying an additional 586 shares during the period. Hantz Financial Services Inc. lifted its position in shares of Alpha and Omega Semiconductor by 634.8% during the third quarter. Hantz Financial Services Inc. now owns 1,036 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 895 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Alpha and Omega Semiconductor by 49.0% during the second quarter. PNC Financial Services Group Inc. now owns 1,533 shares of the semiconductor company’s stock valued at $39,000 after purchasing an additional 504 shares during the period. CWM LLC grew its holdings in shares of Alpha and Omega Semiconductor by 403.4% in the second quarter. CWM LLC now owns 1,928 shares of the semiconductor company’s stock worth $49,000 after purchasing an additional 1,545 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in Alpha and Omega Semiconductor in the 3rd quarter worth about $62,000. Institutional investors own 78.97% of the company’s stock.

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.