Alpha and Omega Semiconductor (NASDAQ:AOSL) Issues Earnings Results, Beats Expectations By $0.10 EPS

Alpha and Omega Semiconductor (NASDAQ:AOSL) released its earnings results on Tuesday. The semiconductor company reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.10, Briefing.com reports. The firm had revenue of $150.10 million for the quarter, compared to analysts’ expectations of $150.13 million. Alpha and Omega Semiconductor had a negative net margin of 2.68% and a positive return on equity of 0.64%. The company’s quarterly revenue was up 13.2% on a year-over-year basis. During the same period in the previous year, the company earned ($0.59) earnings per share.

Alpha and Omega Semiconductor Trading Up 0.6 %

Shares of AOSL stock traded up $0.16 during mid-day trading on Thursday, reaching $27.09. The stock had a trading volume of 257,841 shares, compared to its average volume of 143,947. Alpha and Omega Semiconductor has a 52-week low of $19.38 and a 52-week high of $35.40. The company has a current ratio of 2.52, a quick ratio of 1.33 and a debt-to-equity ratio of 0.04. The stock’s 50-day moving average price is $22.06 and its two-hundred day moving average price is $23.51. The firm has a market capitalization of $766.05 million, a PE ratio of -42.75 and a beta of 2.36.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. StockNews.com upgraded Alpha and Omega Semiconductor from a “sell” rating to a “hold” rating in a research report on Wednesday, March 6th. Stifel Nicolaus decreased their price target on shares of Alpha and Omega Semiconductor from $23.00 to $21.00 and set a “sell” rating on the stock in a report on Thursday, April 18th.

Insider Transactions at Alpha and Omega Semiconductor

In related news, EVP Bing Xue sold 1,956 shares of the stock in a transaction dated Monday, April 22nd. The shares were sold at an average price of $19.57, for a total value of $38,278.92. Following the completion of the transaction, the executive vice president now directly owns 130,082 shares of the company’s stock, valued at $2,545,704.74. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 1,956 shares of the company’s stock in a transaction dated Monday, April 22nd. The shares were sold at an average price of $19.57, for a total value of $38,278.92. Following the sale, the executive vice president now owns 130,082 shares in the company, valued at $2,545,704.74. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Yifan Liang sold 20,000 shares of Alpha and Omega Semiconductor stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $23.31, for a total transaction of $466,200.00. Following the transaction, the chief financial officer now owns 293,296 shares of the company’s stock, valued at $6,836,729.76. The disclosure for this sale can be found here. In the last three months, insiders have sold 40,649 shares of company stock worth $920,392. 17.90% of the stock is currently owned by insiders.

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.