Alpha and Omega Semiconductor (NASDAQ:AOSL) Cut to Sell at StockNews.com

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating in a research report issued on Saturday.

AOSL has been the subject of several other research reports. Stifel Nicolaus cut their price target on shares of Alpha and Omega Semiconductor from $30.00 to $18.00 and set a "sell" rating on the stock in a report on Thursday, April 17th. Benchmark raised their target price on Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the stock a "buy" rating in a research report on Thursday, February 6th.

Alpha and Omega Semiconductor Price Performance

Shares of NASDAQ AOSL traded down $0.47 during mid-day trading on Friday, hitting $19.83. 248,829 shares of the stock traded hands, compared to its average volume of 503,348. The company has a market cap of $583.15 million, a PE ratio of -24.78 and a beta of 2.02. Alpha and Omega Semiconductor has a twelve month low of $15.90 and a twelve month high of $53.29. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.72 and a quick ratio of 1.50. The firm has a 50 day simple moving average of $22.97 and a two-hundred day simple moving average of $32.40.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The semiconductor company reported ($0.18) EPS for the quarter, missing analysts' consensus estimates of $0.08 by ($0.26). Alpha and Omega Semiconductor had a negative net margin of 3.46% and a negative return on equity of 0.23%. As a group, equities research analysts forecast that Alpha and Omega Semiconductor will post -0.82 EPS for the current fiscal year.

Institutional Trading of Alpha and Omega Semiconductor

Several hedge funds have recently modified their holdings of AOSL. Hood River Capital Management LLC bought a new position in shares of Alpha and Omega Semiconductor in the 4th quarter worth $42,162,000. Robeco Schweiz AG purchased a new stake in Alpha and Omega Semiconductor in the 1st quarter valued at about $19,434,000. Driehaus Capital Management LLC purchased a new stake in shares of Alpha and Omega Semiconductor during the fourth quarter valued at approximately $11,612,000. Millennium Management LLC raised its stake in shares of Alpha and Omega Semiconductor by 2,741.6% during the 4th quarter. Millennium Management LLC now owns 256,712 shares of the semiconductor company's stock worth $9,506,000 after purchasing an additional 247,678 shares during the period. Finally, CloudAlpha Capital Management Limited Hong Kong purchased a new position in Alpha and Omega Semiconductor in the fourth quarter valued at about $8,014,000. Institutional investors own 78.97% of the company's stock.

About Alpha and Omega Semiconductor

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.