StockNews.com Upgrades Alpha and Omega Semiconductor (NASDAQ:AOSL) to Hold

StockNews.com upgraded shares of Alpha and Omega Semiconductor (NASDAQ:AOSL - Free Report) from a sell rating to a hold rating in a report released on Friday.

Other equities research analysts also recently issued reports about the stock. Stifel Nicolaus cut their price objective on shares of Alpha and Omega Semiconductor from $30.00 to $18.00 and set a "sell" rating for the company in a research report on Thursday, April 17th. Benchmark boosted their price target on Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the company a "buy" rating in a research note on Thursday, February 6th.

Alpha and Omega Semiconductor Stock Performance

NASDAQ AOSL traded down $0.27 on Friday, hitting $18.83. 315,294 shares of the stock were exchanged, compared to its average volume of 501,464. The business's fifty day moving average is $23.98 and its 200 day moving average is $32.93. Alpha and Omega Semiconductor has a 52 week low of $15.90 and a 52 week high of $53.29. The company has a market capitalization of $553.88 million, a PE ratio of -23.54 and a beta of 2.48. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.72 and a quick ratio of 1.50.

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) 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 anticipate that Alpha and Omega Semiconductor will post -0.82 EPS for the current fiscal year.

Institutional Trading of Alpha and Omega Semiconductor

Several large investors have recently modified their holdings of AOSL. Robeco Schweiz AG bought a new stake in Alpha and Omega Semiconductor during the first quarter worth about $19,434,000. Pacific Point Advisors LLC lifted its holdings in shares of Alpha and Omega Semiconductor by 87.5% during the 1st quarter. Pacific Point Advisors LLC now owns 15,000 shares of the semiconductor company's stock worth $373,000 after acquiring an additional 7,000 shares during the period. Principal Financial Group Inc. boosted its position in shares of Alpha and Omega Semiconductor by 4.0% during the 1st quarter. Principal Financial Group Inc. now owns 120,105 shares of the semiconductor company's stock worth $2,986,000 after acquiring an additional 4,660 shares in the last quarter. Acuitas Investments LLC increased its stake in Alpha and Omega Semiconductor by 26.3% in the first quarter. Acuitas Investments LLC now owns 146,373 shares of the semiconductor company's stock valued at $3,639,000 after acquiring an additional 30,473 shares during the last quarter. Finally, Redwood Wealth Management Group LLC lifted its stake in Alpha and Omega Semiconductor by 9.1% during the first quarter. Redwood Wealth Management Group LLC now owns 16,079 shares of the semiconductor company's stock worth $400,000 after purchasing an additional 1,342 shares during the last quarter. 78.97% of the stock is owned by institutional investors and hedge funds.

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.