From MarketBeat:

Alpha and Omega Semiconductor (NASDAQ:AOSL) has been downgraded from a “hold” rating to a “sell” rating by StockNews.com. Other analysts have also issued research reports about the company, with target prices varying between $24.00 and $35.00. Chairman Mike F. Chang recently sold 30,000 company shares. Insider transactions accounted for 17.90% of stocks.
Shares of Alpha and Omega Semiconductor opened at $26.12 with a market cap of $725.61 million. The company last released its quarterly earnings data, beating analysts’ consensus estimates. The firm had a revenue of $180.63 million for the quarter. Analysts predict that Alpha and Omega Semiconductor will post -0.17 EPS for the current fiscal year.
The company’s recent stock market performance includes a 1.4% trading dip. Additionally, large investors have recently bought and sold shares of the business, including Victory Capital Management Inc., Inspire Investing LLC, Paradiem LLC, and Gagnon Advisors LLC. Hedge funds and other institutional investors own 63.49% of the company’s stock.



Read more: Alpha and Omega Semiconductor (NASDAQ:AOSL) Downgraded by StockNews.com to “Sell”