Alpha and Omega Semiconductor (NASDAQ:AOSL) Stock Price Up 6.5% – Should You Buy?

Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) rose 6.5% during trading on Friday . The company traded as high as $43.25 and last traded at $42.49. Approximately 216,713 shares changed hands during trading, a decline of 50% from the average daily volume of 433,182 shares. The stock had previously closed at $39.88.

Wall Street Analyst Weigh In

AOSL has been the subject of a number of recent research reports. B. Riley Financial lifted their price target on shares of Alpha and Omega Semiconductor from $19.00 to $25.00 and gave the stock a “neutral” rating in a report on Monday, April 13th. Weiss Ratings reissued a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research report on Monday, April 20th. Zacks Research raised shares of Alpha and Omega Semiconductor from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Wall Street Zen cut shares of Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a research report on Saturday, February 7th. Finally, Stifel Nicolaus decreased their target price on shares of 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. One investment analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $24.00.

Alpha and Omega Semiconductor Price Performance

The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of -12.81 and a beta of 1.94. The business’s 50-day simple moving average is $24.77 and its two-hundred day simple moving average is $23.46.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its earnings results on Thursday, February 5th. The semiconductor company reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.08). The firm had revenue of $162.26 million for the quarter, compared to analyst estimates 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 firm posted $0.09 earnings per share. As a group, sell-side analysts expect that Alpha and Omega Semiconductor Limited will post -1.65 EPS for the current year.

Insider Buying and Selling at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, CFO Yifan Liang sold 8,625 shares of the business’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of $35.00, for a total transaction of $301,875.00. Following the completion of the sale, the chief financial officer owned 270,003 shares in the company, valued at $9,450,105. The trade was a 3.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Stephen Chunping Chang sold 14,884 shares of the business’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of $34.47, for a total transaction of $513,051.48. Following the transaction, the chief executive officer directly owned 635,901 shares of the company’s stock, valued at approximately $21,919,507.47. This trade represents a 2.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 59,860 shares of company stock worth $1,913,960 in the last ninety days. 16.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Alpha and Omega Semiconductor

A number of institutional investors and hedge funds have recently bought and sold shares of AOSL. Hantz Financial Services Inc. lifted its holdings in Alpha and Omega Semiconductor by 634.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,036 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 895 shares during the last quarter. Northwestern Mutual Wealth Management Co. acquired a new stake in Alpha and Omega Semiconductor during the 3rd quarter worth about $62,000. CWM LLC raised its holdings 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 worth $65,000 after buying an additional 386 shares during the period. Strs Ohio acquired a new stake in Alpha and Omega Semiconductor during the 1st quarter worth about $70,000. Finally, iSAM Funds UK Ltd acquired a new stake in Alpha and Omega Semiconductor during the 3rd quarter worth about $91,000. 78.97% of the stock is owned by institutional investors and hedge funds.

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.