Alpha and Omega Semiconductor (NASDAQ:AOSL) Raised to "Hold" at StockNews.com

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

A number of other research firms also recently commented on AOSL. Stifel Nicolaus dropped their price objective on Alpha and Omega Semiconductor from $30.00 to $18.00 and set a "sell" rating on the stock in a research note on Thursday, April 17th. Benchmark reduced their price objective on shares of Alpha and Omega Semiconductor from $42.00 to $32.00 and set a "buy" rating for the company in a research note on Friday.

Alpha and Omega Semiconductor Stock Performance

Shares of AOSL traded up $2.07 during mid-day trading on Friday, hitting $23.83. The stock had a trading volume of 497,722 shares, compared to its average volume of 506,592. Alpha and Omega Semiconductor has a fifty-two week low of $15.90 and a fifty-two week high of $53.29. The company's fifty day simple moving average is $22.29 and its two-hundred day simple moving average is $31.97. The company has a quick ratio of 1.50, a current ratio of 2.72 and a debt-to-equity ratio of 0.03. The company has a market cap of $700.96 million, a PE ratio of -29.79 and a beta of 2.02.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The semiconductor company reported ($0.10) earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.06. The firm had revenue of $164.60 million for the quarter, compared to the consensus estimate of $157.23 million. Alpha and Omega Semiconductor had a negative net margin of 3.46% and a negative return on equity of 0.23%. Alpha and Omega Semiconductor's quarterly revenue was up 9.7% compared to the same quarter last year. During the same period last year, the firm posted ($0.04) EPS. On average, equities analysts expect that Alpha and Omega Semiconductor will post -0.82 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. IFP Advisors Inc raised its position in Alpha and Omega Semiconductor by 276.8% in the 4th quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company's stock worth $28,000 after purchasing an additional 548 shares during the last quarter. Sterling Capital Management LLC boosted its position in Alpha and Omega Semiconductor by 820.7% during the 4th 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. GAMMA Investing LLC grew its position in Alpha and Omega Semiconductor by 94.7% in the first quarter. GAMMA Investing LLC now owns 1,221 shares of the semiconductor company's stock valued at $30,000 after purchasing an additional 594 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in Alpha and Omega Semiconductor by 47.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 908 shares of the semiconductor company's stock worth $34,000 after acquiring an additional 291 shares in the last quarter. Finally, Larson Financial Group LLC acquired a new position in Alpha and Omega Semiconductor during the fourth quarter worth $38,000. 78.97% of the stock is owned by institutional investors.

Alpha and Omega Semiconductor Company Profile

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.