Alpha and Omega Semiconductor (NASDAQ:AOSL) Given New $25.00 Price Target at B. Riley Financial

Alpha and Omega Semiconductor (NASDAQ:AOSL) had its price objective lifted by B. Riley Financial from $19.00 to $25.00 in a research note issued to investors on Monday,Benzinga reports. They currently have a neutral rating on the semiconductor company’s stock.

Several other research analysts have also recently issued reports on AOSL. Stifel Nicolaus dropped their target price on Alpha and Omega Semiconductor from $24.00 to $22.00 and set a “hold” rating on the stock in a research report on Friday, February 6th. Wall Street Zen cut Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a research report on Saturday, February 7th. Weiss Ratings reissued a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research report on Wednesday, January 21st. Finally, Zacks Research raised Alpha and Omega Semiconductor from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Alpha and Omega Semiconductor has a consensus rating of “Hold” and an average price target of $24.00.

Alpha and Omega Semiconductor Stock Performance

Shares of NASDAQ:AOSL opened at $27.39 on Monday. Alpha and Omega Semiconductor has a fifty-two week low of $15.90 and a fifty-two week high of $33.01. The business has a 50-day simple moving average of $22.03 and a two-hundred day simple moving average of $22.85. The firm has a market cap of $815.13 million, a price-to-earnings ratio of -7.89 and a beta of 1.94.

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

Insider Activity at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, Director Mike F. Chang bought 33,727 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The shares were bought at an average price of $19.00 per share, with a total value of $640,813.00. Following the purchase, the director owned 4,369,574 shares of the company’s stock, valued at $83,021,906. This trade represents a 0.78% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Bing Xue sold 2,408 shares of Alpha and Omega Semiconductor stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $21.92, for a total value of $52,783.36. Following the sale, the executive vice president directly owned 113,631 shares in the company, valued at $2,490,791.52. This trade represents a 2.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 16.70% of the stock is currently owned by company insiders.

Institutional Trading of Alpha and Omega Semiconductor

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. CWM LLC raised its stake in Alpha and Omega Semiconductor by 20.0% during the 3rd quarter. CWM LLC now owns 2,314 shares of the semiconductor company’s stock valued at $65,000 after purchasing an additional 386 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Alpha and Omega Semiconductor by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,167 shares of the semiconductor company’s stock valued at $352,000 after purchasing an additional 624 shares during the period. GAMMA Investing LLC raised its stake in Alpha and Omega Semiconductor by 21.4% during the 3rd quarter. GAMMA Investing LLC now owns 4,109 shares of the semiconductor company’s stock valued at $115,000 after purchasing an additional 724 shares during the period. Royal Bank of Canada raised its stake in Alpha and Omega Semiconductor by 9.2% during the 4th quarter. Royal Bank of Canada now owns 8,938 shares of the semiconductor company’s stock valued at $177,000 after purchasing an additional 755 shares during the period. Finally, Deutsche Bank AG raised its stake in Alpha and Omega Semiconductor by 1.8% during the 4th quarter. Deutsche Bank AG now owns 47,059 shares of the semiconductor company’s stock valued at $932,000 after purchasing an additional 844 shares during the period. Institutional investors own 78.97% of the company’s stock.

Alpha and Omega Semiconductor Company Profile

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.