Alpha and Omega Semiconductor (NASDAQ:AOSL) Coverage Initiated by Analysts at StockNews.com

StockNews.com started coverage on shares of Alpha and Omega Semiconductor (NASDAQ:AOSL – Get Rating) in a report issued on Thursday. The brokerage set a “sell” rating on the semiconductor company’s stock.

Several other equities research analysts also recently weighed in on the company. Benchmark reaffirmed a “buy” rating and set a $42.00 price target on shares of Alpha and Omega Semiconductor in a report on Monday, March 13th. B. Riley decreased their price target on Alpha and Omega Semiconductor from $36.00 to $34.00 and set a “neutral” rating for the company in a report on Tuesday, February 7th.

Alpha and Omega Semiconductor Price Performance

Shares of NASDAQ AOSL opened at $24.98 on Thursday. 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 stock has a fifty day moving average price of $29.66 and a 200 day moving average price of $31.60. Alpha and Omega Semiconductor has a 1-year low of $24.05 and a 1-year high of $69.99. The company has a market cap of $690.20 million, a PE ratio of 9.15 and a beta of 2.49.

Insider Buying and Selling at Alpha and Omega Semiconductor

In other Alpha and Omega Semiconductor news, CEO Mike F. Chang sold 56,400 shares of the firm’s stock in a transaction on 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 sale, the chief executive officer now owns 4,352,210 shares of the company’s stock, valued at $130,392,211.60. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other Alpha and Omega Semiconductor news, CEO Mike F. Chang sold 56,400 shares of the firm’s stock in a transaction on 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 sale, the chief executive officer now owns 4,352,210 shares of the company’s stock, valued at $130,392,211.60. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Yifan Liang sold 6,600 shares of the firm’s stock in a transaction on 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 sale, the chief financial officer now directly owns 190,090 shares of the company’s stock, valued at approximately $5,702,700. The disclosure for this sale can be found here. Over the last quarter, insiders sold 63,645 shares of company stock valued at $1,903,914. 18.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. SeaCrest Wealth Management LLC purchased a new position in shares of Alpha and Omega Semiconductor in the second quarter valued at $25,000. Captrust Financial Advisors purchased a new position in shares of Alpha and Omega Semiconductor in the first quarter valued at $45,000. US Bancorp DE purchased a new position in shares of Alpha and Omega Semiconductor in the first quarter valued at $45,000. KBC Group NV purchased a new position in shares of Alpha and Omega Semiconductor in the third quarter valued at $53,000. Finally, Point72 Hong Kong Ltd purchased a new position in shares of Alpha and Omega Semiconductor in the first quarter valued at $104,000. Hedge funds and other institutional investors own 67.59% of the company’s stock.

About Alpha and Omega Semiconductor

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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.