Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Given Consensus Rating of "Reduce" by Brokerages

Key Points

• Analyst consensus: Five analysts give AOSL a consensus "Reduce" (2 sell, 2 hold, 1 buy) with an average 12‑month target of $23.67 and recent downgrades from Wall Street Zen and Zacks to "strong sell".
• Weak earnings: AOSL missed EPS (reported ($0.16) vs. ($0.08) expected), posted $162.3M revenue (down 6.3% YoY), a negative net margin of 15.06% and ROE of -3.78%, with analysts forecasting -$0.82 EPS for the year.
• Insider activity: Director Mike F. Chang bought 33,727 shares at $19 while EVP Bing Xue sold 2,408 shares at $21.92, and insiders collectively own 16.7% of the company.

Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Get Free Report) have been given a consensus rating of "Reduce" by the five analysts that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, two have given a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $23.6667.

A number of research firms recently commented on AOSL. Stifel Nicolaus decreased 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. Wall Street Zen downgraded shares of Alpha and Omega Semiconductor from a "hold" rating to a "strong sell" rating in a report on Saturday, February 7th. Zacks Research cut shares of Alpha and Omega Semiconductor from a "hold" rating to a "strong sell" rating in a research note on Tuesday, February 10th. Finally, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Alpha and Omega Semiconductor in a report on Wednesday, January 21st.

Insiders Place Their Bets

In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 2,408 shares of the stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $21.92, for a total transaction of $52,783.36. Following the sale, the executive vice president directly owned 113,631 shares of the company's stock, valued at approximately $2,490,791.52. This trade represents a 2.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Mike F. Chang acquired 33,727 shares of Alpha and Omega Semiconductor stock in a transaction 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 directly owned 4,369,574 shares in the company, valued at approximately $83,021,906. The trade was a 0.78% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 16.70% of the company's stock.

Institutional Trading of Alpha and Omega Semiconductor

Several hedge funds and other institutional investors have recently bought and sold shares of AOSL. Hantz Financial Services Inc. raised its position in 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 valued at $29,000 after acquiring an additional 895 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in Alpha and Omega Semiconductor in the third quarter valued at approximately $62,000. CWM LLC boosted its position in Alpha and Omega Semiconductor by 20.0% in the 3rd quarter. CWM LLC now owns 2,314 shares of the semiconductor company's stock worth $65,000 after purchasing an additional 386 shares in the last quarter. Strs Ohio acquired a new stake in shares of Alpha and Omega Semiconductor during the 1st quarter worth approximately $70,000. Finally, iSAM Funds UK Ltd acquired a new stake in shares of Alpha and Omega Semiconductor during the 3rd quarter worth approximately $91,000. 78.97% of the stock is owned by institutional investors and hedge funds.

Alpha and Omega Semiconductor Price Performance

NASDAQ AOSL opened at $22.71 on Friday. The company has a market cap of $675.85 million, a price-to-earnings ratio of -6.54 and a beta of 1.94. The stock's fifty day moving average price is $21.70 and its 200 day moving average price is $23.17. Alpha and Omega Semiconductor has a 1 year low of $15.90 and a 1 year high of $33.01.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last issued its quarterly 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 business's revenue was down 6.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.09 EPS. Research analysts expect that Alpha and Omega Semiconductor will post -0.82 earnings per share for the current year.

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.

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