Notable Price Action: Alpha and Omega Semiconductor Ltd Declines A lot Today, Is Now One of The Worst Performer

Notable Price Action: Alpha and Omega Semiconductor Ltd Declines A lot Today, Is Now One of The Worst Performer

The stock of Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) is a huge mover today! The stock decreased 9.80% or $2 on November 4, hitting $18.4. About 287,396 shares traded hands or 114.87% up from the average. Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) has risen 73.03% since April 4, 2016 and is uptrending. It has outperformed by 71.94% the S&P500.
The move comes after 7 months negative chart setup for the $413.62 million company. It was reported on Nov, 4 by Barchart.com. We have $15.82 PT which if reached, will make NASDAQ:AOSL worth $57.91 million less.

Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) Ratings Coverage

Out of 5 analysts covering Alpha and Omega Semiconductor (NASDAQ:AOSL), 3 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 60% are positive. Alpha and Omega Semiconductor has been the topic of 9 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The stock of Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) has “Hold” rating given on Saturday, August 29 by TheStreet. As per Thursday, March 17, the company rating was downgraded by Sidoti. Sidoti initiated Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) on Monday, January 11 with “Buy” rating. The firm has “Hold” rating given on Friday, August 7 by Stifel Nicolaus. The firm has “Buy” rating by B. Riley & Co given on Thursday, August 11. The company was maintained on Wednesday, September 28 by B.riley. The company was maintained on Thursday, February 4 by B. Riley & Co. The firm earned “Outperform” rating on Thursday, February 4 by Northland Capital. The firm earned “Neutral” rating on Wednesday, August 12 by B. Riley & Co.

According to Zacks Investment Research, “Alpha and Omega Semiconductor Limited is engaged in designing, developing and supplying a broad range of power semiconductors globally, including a portfolio of Power MOSFET and Power IC products. The Company seeks to differentiate itself by integrating its expertise in device physics, process technology, design and advanced packaging to optimize product performance and cost. Its portfolio of products targets high-volume end-market applications, such as notebooks, netbooks, flat panel displays, mobile phone battery packs, set-top boxes, portable media players and power supplies. The products are incorporated into devices by original equipment manufacturers, or OEMs. The Company utilizes third-party foundries for all of its wafer fabrication and it deploys and implements its proprietary MOSFET processes at these third party foundries. The Company relies upon its in-house capacity and an associated provider for most of its packaging and testing requirements.”

Insitutional Activity: The institutional sentiment decreased to 1.25 in Q2 2016. Its down 1.40, from 2.65 in 2016Q1. The ratio fall, as 8 funds sold all Alpha and Omega Semiconductor Ltd shares owned while 28 reduced positions. 10 funds bought stakes while 35 increased positions. They now own 12.66 million shares or 6.58% less from 13.55 million shares in 2016Q1.
Geode Capital Management Ltd Liability Corporation accumulated 0% or 133,755 shares. Barclays Public Ltd Co has 45,936 shares for 0% of their US portfolio. The California-based Globeflex L P has invested 0.1% in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL). Pdts Ltd Company reported 24,500 shares or 0.03% of all its holdings. The New York-based Retail Bank Of New York Mellon Corporation has invested 0% in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL). Royal National Bank & Trust Of Canada holds 0% or 17,131 shares in its portfolio. Systematic Financial Management L P has 90,215 shares for 0.02% of their US portfolio. New York State Common Retirement Fund holds 0% of its portfolio in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) for 25,861 shares. The Connecticut-based Matarin Mgmt Ltd Liability has invested 0% in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL). Sensato Ltd Liability Com accumulated 0.21% or 92,878 shares. Oxford Asset Mgmt accumulated 58,380 shares or 0.03% of the stock. California Employees Retirement System accumulated 228,300 shares or 0.01% of the stock. Blackrock Institutional Tru Na has 0% invested in the company for 654,257 shares. Blackrock Invest Mngmt Ltd Llc holds 78,996 shares or 0% of its portfolio. Northern Tru Corp accumulated 202,579 shares or 0% of the stock.

Insider Transactions: Since July 1, 2016, the stock had 0 buys, and 8 sales for $3.63 million net activity. Chang Daniel Kuang Ming sold $37,054 worth of stock. The insider Liang Yifan sold $58,972. Another trade for 75,000 shares valued at $1.17M was sold by Ho Yueh-Se. Another trade for 50,000 shares valued at $1.13M was sold by Chang Mike F.

More recent Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) news were published by: Marketwatch.com which released: “Alpha & Omega Semiconductor Inc.” on April 29, 2010. Also Globenewswire.com published the news titled: “Alpha and Omega Semiconductor Reports Financial Results for the Fiscal First …” on November 03, 2016. Quotes.Wsj.com‘s news article titled: “News Alpha & Omega Semiconductor Inc.AOSL” with publication date: February 11, 2011 was also an interesting one.

AOSL Company Profile

Alpha and Omega Semiconductor Limited, incorporated on September 27, 2000, is a designer, developer and global supplier of power semiconductors. The Company’s portfolio of power semiconductors includes approximately 1,600 products, as of June 30, 2016. The Company’s portfolio of products focuses high-volume applications, including personal computers, flat panel televisions, light-emitting diode (LED) lighting, smart phones, battery packs, consumer and industrial motor controls and power supplies for television, computers, servers and telecommunications equipment. The Firm sells its products primarily to distributors in the Asia Pacific region, who in turn sell these products to end customers. The Firm conducts its activities primarily in the United States, Hong Kong, China, Taiwan, Korea and Japan.

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