Benchmark Reiterates Buy Rating for Alpha and Omega Semiconductor (NASDAQ:AOSL)

Benchmark restated their buy rating on shares of Alpha and Omega Semiconductor (NASDAQ:AOSL – Get Rating) in a report issued on Monday morning, Benzinga reports. They currently have a $42.00 target price on the semiconductor company’s stock.

Several other brokerages also recently commented on AOSL. B. Riley reduced their target price on shares of Alpha and Omega Semiconductor from $36.00 to $34.00 and set a neutral rating on the stock in a research note on Tuesday, February 7th. StockNews.com downgraded shares of Alpha and Omega Semiconductor from a hold rating to a sell rating in a research note on Friday, February 10th.

Alpha and Omega Semiconductor Stock Up 0.6 %

AOSL opened at $25.13 on Monday. Alpha and Omega Semiconductor has a fifty-two week low of $24.05 and a fifty-two week high of $69.99. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.33 and a quick ratio of 1.59. The firm’s fifty day moving average price is $29.94 and its two-hundred day moving average price is $31.91. The company has a market capitalization of $694.34 million, a P/E ratio of 9.21 and a beta of 2.49.

Insider Activity

In related news, CFO Yifan Liang sold 6,600 shares of Alpha and Omega Semiconductor stock in a transaction dated Monday, January 9th. The stock was sold at an average price of $30.00, for a total value of $198,000.00. Following the completion of the transaction, the chief financial officer now directly owns 190,090 shares of the company’s stock, valued at $5,702,700. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO Mike F. Chang sold 56,400 shares of Alpha and Omega Semiconductor stock in a transaction dated Monday, January 9th. The stock was sold at an average price of $29.96, for a total value of $1,689,744.00. Following the completion of the transaction, the chief executive officer now directly owns 4,352,210 shares of the company’s stock, valued at $130,392,211.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Yifan Liang sold 6,600 shares of Alpha and Omega Semiconductor stock in a transaction dated Monday, January 9th. The shares were sold at an average price of $30.00, for a total value of $198,000.00. Following the completion of the transaction, the chief financial officer now directly owns 190,090 shares of the company’s stock, valued at $5,702,700. The disclosure for this sale can be found here. 18.90% of the stock is owned by corporate insiders.

Institutional Trading of Alpha and Omega Semiconductor

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD raised its holdings in Alpha and Omega Semiconductor by 2.6% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 12,137 shares of the semiconductor company’s stock worth $405,000 after purchasing an additional 311 shares during the last quarter. Boston Partners raised its holdings in Alpha and Omega Semiconductor by 1.1% during the 4th quarter. Boston Partners now owns 35,581 shares of the semiconductor company’s stock worth $165,000 after purchasing an additional 393 shares during the last quarter. Royal Bank of Canada raised its holdings in Alpha and Omega Semiconductor by 5.1% during the 3rd quarter. Royal Bank of Canada now owns 8,122 shares of the semiconductor company’s stock worth $250,000 after purchasing an additional 393 shares during the last quarter. Principal Financial Group Inc. raised its holdings in Alpha and Omega Semiconductor by 0.3% during the 4th quarter. Principal Financial Group Inc. now owns 146,346 shares of the semiconductor company’s stock worth $4,181,000 after purchasing an additional 411 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund raised its holdings in Alpha and Omega Semiconductor by 6.3% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 7,350 shares of the semiconductor company’s stock worth $226,000 after purchasing an additional 434 shares during the last quarter. 67.59% of the stock is owned by institutional investors.

Alpha and Omega Semiconductor Company Profile

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Alpha & Omega Semiconductor Ltd. engages in the construction and operation of power semiconductor packaging, testing, and wafer fabrication facilities. It operates through the following geographical segments: Hong Kong, China, South Korea, the United States, and Other Countries. The company was founded by Mike F.