Alpha and Omega Semiconductor (NASDAQ:AOSL) Stock Price Down 7.9% – What’s Next?

Shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) dropped 7.9% on Monday . The stock traded as low as $24.21 and last traded at $23.98. Approximately 47,755 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 450,829 shares. The stock had previously closed at $26.03.

Analyst Ratings Changes

Several equities research analysts have recently commented on AOSL shares. Benchmark upped their price target on Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the stock a “buy” rating in a research note on Thursday, February 6th. StockNews.com upgraded shares of Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Friday, March 7th.

Alpha and Omega Semiconductor Price Performance

The firm has a market cap of $719.23 million, a PE ratio of -30.58 and a beta of 2.56. The stock’s fifty day moving average price is $32.86 and its 200-day moving average price is $35.65. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.50 and a current ratio of 2.72.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly 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 forecast that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current fiscal year.

Insider Activity at Alpha and Omega Semiconductor

In related news, EVP Bing Xue sold 1,242 shares of Alpha and Omega Semiconductor stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $35.00, for a total transaction of $43,470.00. Following the completion of the sale, the executive vice president now owns 115,368 shares in the company, valued at approximately $4,037,880. This trade represents a 1.07 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 16.90% of the stock is owned by corporate insiders.

Institutional Trading of Alpha and Omega Semiconductor

A number of hedge funds have recently added to or reduced their stakes in the business. IFP Advisors Inc boosted its holdings in shares of 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 purchasing an additional 548 shares during the last quarter. Sterling Capital Management LLC grew its holdings 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 valued at $28,000 after purchasing an additional 673 shares in the last quarter. PNC Financial Services Group Inc. lifted 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 worth $34,000 after buying an additional 291 shares in the last quarter. Larson Financial Group LLC purchased a new position in Alpha and Omega Semiconductor in the 4th quarter valued at about $38,000. Finally, CIBC Private Wealth Group LLC purchased a new stake in shares of Alpha and Omega Semiconductor during the fourth quarter worth about $39,000. 78.97% of the stock is owned by institutional investors and hedge funds.

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.