Stifel Nicolaus Lowers Alpha and Omega Semiconductor (NASDAQ:AOSL) Price Target to $18.00

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) had its price target dropped by analysts at Stifel Nicolaus from $30.00 to $18.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage currently has a "sell" rating on the semiconductor company's stock. Stifel Nicolaus' price target points to a potential upside of 8.98% from the company's current price.

AOSL has been the subject of a number of other reports. StockNews.com upgraded Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a research report on Friday, March 7th. Benchmark raised their target price on shares of Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the company a "buy" rating in a report on Thursday, February 6th.

Alpha and Omega Semiconductor Stock Performance

NASDAQ:AOSL traded up $0.27 during mid-day trading on Thursday, hitting $16.52. 593,096 shares of the stock were exchanged, compared to its average volume of 487,660. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.50 and a current ratio of 2.72. The firm's 50-day simple moving average is $26.03 and its 200 day simple moving average is $33.66. Alpha and Omega Semiconductor has a fifty-two week low of $15.90 and a fifty-two week high of $53.29. The stock has a market capitalization of $485.85 million, a price-to-earnings ratio of -20.64 and a beta of 2.48.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last announced its earnings results on Wednesday, February 5th. The semiconductor company reported ($0.18) earnings per share (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 analysts anticipate that Alpha and Omega Semiconductor will post -0.82 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in AOSL. Redwood Wealth Management Group LLC boosted its position in Alpha and Omega Semiconductor by 9.1% in the first quarter. Redwood Wealth Management Group LLC now owns 16,079 shares of the semiconductor company's stock valued at $400,000 after buying an additional 1,342 shares in the last quarter. GAMMA Investing LLC increased its holdings in Alpha and Omega Semiconductor by 94.7% in the 1st quarter. GAMMA Investing LLC now owns 1,221 shares of the semiconductor company's stock worth $30,000 after purchasing an additional 594 shares in the last quarter. Wedge Capital Management L L P NC raised its position in Alpha and Omega Semiconductor by 60.2% in the first quarter. Wedge Capital Management L L P NC now owns 70,951 shares of the semiconductor company's stock valued at $1,764,000 after purchasing an additional 26,666 shares during the last quarter. Wellington Management Group LLP boosted its stake in shares of Alpha and Omega Semiconductor by 12.4% during the fourth quarter. Wellington Management Group LLP now owns 633,345 shares of the semiconductor company's stock valued at $23,453,000 after purchasing an additional 70,100 shares in the last quarter. Finally, Pacific Point Advisors LLC bought a new stake in shares of Alpha and Omega Semiconductor during the fourth quarter worth about $296,000. Institutional investors own 78.97% of the company's stock.

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.