In a report released yesterday, Tore Svanberg from Stifel Nicolaus maintained a Sell rating on Alpha and Omega (AOSL – Research Report), with a price target of $32.00. The company’s shares closed last Wednesday at $38.95.
According to TipRanks.com, Svanberg is a top 25 analyst with an average return of 23.0% and a 66.8% success rate. Svanberg covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Silicon Laboratories.
The word on The Street in general, suggests a Hold analyst consensus rating for Alpha and Omega with a $48.00 average price target.
The company has a one-year high of $69.99 and a one-year low of $23.66. Currently, Alpha and Omega has an average volume of 617.1K.
Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AOSL in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Alpha & Omega Semiconductor Ltd. designs, develops and supplies power semiconductor products. Its products include analog switches, insulated-gate bipolar transistors, metal-oxide-semiconductor field-effect transistors, power integrated circuits, and transient voltage suppressors. It operates through the following geographical segments: Hong Kong, China, South Korea, United States, and Other Countries. The company was founded by Mike F. Chang, Yueh-Se Ho, Anup Bhalla, and Sik Kwong Lui on September 27, 2000 and is headquartered in Sunnyvale, CA.
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