Alpha and Omega Semiconductor (NASDAQ:AOSL) Shares Down 4.4%

Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) were down 4.4% during trading on Monday . The company traded as low as $35.60 and last traded at $35.76. Approximately 18,158 shares traded hands during trading, a decline of 93% from the average daily volume of 250,217 shares. The stock had previously closed at $37.41.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on AOSL shares. Stifel Nicolaus upped their price target on Alpha and Omega Semiconductor from $21.00 to $36.00 and gave the company a “sell” rating in a report on Thursday, July 18th. StockNews.com upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a report on Tuesday, September 10th. Benchmark lifted their price target on shares of Alpha and Omega Semiconductor from $28.00 to $42.00 and gave the stock a “buy” rating in a research note on Friday, June 28th. Finally, B. Riley upped their price objective on shares of Alpha and Omega Semiconductor from $40.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, July 11th.

Alpha and Omega Semiconductor Stock Performance

The company has a market cap of $1.01 billion, a PE ratio of -103.79 and a beta of 2.42. The stock has a 50 day simple moving average of $38.54 and a two-hundred day simple moving average of $30.50. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.58 and a quick ratio of 1.31.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its earnings results on Wednesday, August 7th. The semiconductor company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.05. The business had revenue of $161.30 million during the quarter, compared to the consensus estimate of $160.03 million. Alpha and Omega Semiconductor had a negative net margin of 1.69% and a negative return on equity of 0.33%. The business’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.08 earnings per share. Equities analysts predict that Alpha and Omega Semiconductor Limited will post -1.06 EPS for the current year.

Insider Buying and Selling

In other Alpha and Omega Semiconductor news, Director Lucas S. Chang sold 3,377 shares of the business’s stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $38.06, for a total value of $128,528.62. Following the transaction, the director now directly owns 33,245 shares of the company’s stock, valued at approximately $1,265,304.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CFO Yifan Liang sold 10,000 shares of the stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $35.60, for a total transaction of $356,000.00. Following the completion of the transaction, the chief financial officer now directly owns 296,294 shares of the company’s stock, valued at approximately $10,548,066.40. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Lucas S. Chang sold 3,377 shares of Alpha and Omega Semiconductor stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $38.06, for a total value of $128,528.62. Following the completion of the sale, the director now owns 33,245 shares in the company, valued at $1,265,304.70. The disclosure for this sale can be found here. Corporate insiders own 17.90% of the company’s stock.

Institutional Investors Weigh In On Alpha and Omega Semiconductor

Hedge funds and other institutional investors have recently bought and sold shares of the business. Pineridge Advisors LLC purchased a new position in shares of Alpha and Omega Semiconductor in the 4th quarter valued at about $30,000. Gladius Capital Management LP purchased a new position in Alpha and Omega Semiconductor in the second quarter valued at about $36,000. Point72 DIFC Ltd acquired a new stake in shares of Alpha and Omega Semiconductor during the 2nd quarter valued at approximately $47,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Alpha and Omega Semiconductor in the second quarter valued at $62,000. Finally, nVerses Capital LLC purchased a new position in Alpha and Omega Semiconductor during the 2nd quarter valued at about $116,000. Institutional investors and hedge funds own 78.97% of the company’s stock.

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.