Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Get Free Report) shares reached a new 52-week low during trading on Friday . The stock traded as low as $16.38 and last traded at $17.41, with a volume of 257019 shares. The stock had previously closed at $20.17.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on AOSL shares. Benchmark upped their target price on shares of Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the stock a "buy" rating in a research note on Thursday, February 6th. StockNews.com upgraded shares of Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a report on Friday, March 7th.
View Our Latest Stock Report on Alpha and Omega Semiconductor
Alpha and Omega Semiconductor Stock Performance
The firm has a 50 day moving average of $29.99 and a two-hundred day moving average of $34.85. 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 stock has a market cap of $671.84 million, a PE ratio of -28.55 and a beta of 2.48.
Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last issued its earnings results on Wednesday, February 5th. The semiconductor company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate 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%. Research analysts predict that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current fiscal year.
Insider Activity
In other news, EVP Bing Xue sold 1,242 shares of the firm's stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $35.00, for a total transaction of $43,470.00. Following the transaction, the executive vice president now directly owns 115,368 shares in the company, valued at approximately $4,037,880. This trade represents a 1.07 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 16.90% of the company's stock.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. boosted its stake in shares of Alpha and Omega Semiconductor by 47.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 908 shares of the semiconductor company's stock valued at $34,000 after buying an additional 291 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in shares of Alpha and Omega Semiconductor by 4.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 10,853 shares of the semiconductor company's stock worth $403,000 after purchasing an additional 508 shares during the period. IFP Advisors Inc boosted its position in shares of Alpha and Omega Semiconductor by 276.8% in the fourth quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company's stock worth $28,000 after acquiring an additional 548 shares during the last quarter. Sterling Capital Management LLC increased its stake in Alpha and Omega Semiconductor by 820.7% during the fourth quarter. Sterling Capital Management LLC now owns 755 shares of the semiconductor company's stock worth $28,000 after acquiring an additional 673 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Alpha and Omega Semiconductor by 6.4% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,543 shares of the semiconductor company's stock valued at $501,000 after acquiring an additional 818 shares during the period. 78.97% of the stock is owned by hedge funds and other institutional investors.
Alpha and Omega Semiconductor Company Profile
(
Get Free Report)
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.
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