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

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

AOSL has been the topic of a number of other reports. Stifel Nicolaus lowered their price objective on shares of Alpha and Omega Semiconductor from $34.00 to $27.00 and set a "sell" rating on the stock in a report on Wednesday, November 6th. Benchmark reiterated a "buy" rating and issued a $40.00 price target on shares of Alpha and Omega Semiconductor in a research note on Wednesday, November 6th. Finally, B. Riley reduced their price objective on shares of Alpha and Omega Semiconductor from $50.00 to $47.00 and set a "buy" rating for the company in a research note on Tuesday, November 5th.

Alpha and Omega Semiconductor Stock Down 4.5 %

AOSL traded down $1.87 during trading on Wednesday, hitting $39.85. The company had a trading volume of 2,230,699 shares, compared to its average volume of 670,672. The company has a market capitalization of $1.16 billion, a PE ratio of -49.81 and a beta of 2.47. The company has a quick ratio of 1.44, a current ratio of 2.72 and a debt-to-equity ratio of 0.03. Alpha and Omega Semiconductor has a one year low of $19.38 and a one year high of $53.29. The firm's 50-day moving average price is $40.66 and its 200 day moving average price is $37.48.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The semiconductor company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.26). Alpha and Omega Semiconductor had a negative return on equity of 0.23% and a negative net margin of 3.46%. As a group, equities analysts expect that Alpha and Omega Semiconductor will post -0.67 earnings per share for the current year.

Insider Buying and Selling at Alpha and Omega Semiconductor

In other news, EVP Bing Xue sold 875 shares of the company's stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $41.00, for a total value of $35,875.00. Following the sale, the executive vice president now directly owns 128,986 shares of the company's stock, valued at approximately $5,288,426. This represents a 0.67 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Claudia Chen sold 5,623 shares of Alpha and Omega Semiconductor stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $51.27, for a total value of $288,291.21. Following the transaction, the director now owns 26,572 shares of the company's stock, valued at $1,362,346.44. The trade was a 17.47 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 53,124 shares of company stock worth $2,500,685 over the last quarter. 16.90% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Alpha and Omega Semiconductor

Large investors have recently added to or reduced their stakes in the business. IFP Advisors Inc grew its stake 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 valued at $28,000 after buying an additional 548 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in Alpha and Omega Semiconductor by 47.2% in the 4th 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. Larson Financial Group LLC bought a new position in Alpha and Omega Semiconductor during the 4th quarter worth $38,000. Truvestments Capital LLC acquired a new stake in shares of Alpha and Omega Semiconductor during the third quarter worth $45,000. Finally, Hollencrest Capital Management bought a new stake in shares of Alpha and Omega Semiconductor in the third quarter valued at about $56,000. 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.