Price Action Don’t Lie: Alpha and Omega Semiconductor Ltd Sets All-Time High; Strong Momentum for Holders

Price Action Don't Lie: Alpha and Omega Semiconductor Ltd Sets All Time High; Strong Momentum for Holders

The stock of Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) reached all time high today, Oct, 7 and still has $34.29 target or 50.00% above today’s $22.86 share price. This indicates more upside for the $542.45M company. This technical setup was reported by If the $34.29 PT is reached, the company will be worth $271.23M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. About 109,750 shares traded hands. Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) has risen 93.09% since March 4, 2016 and is uptrending. It has outperformed by 85.05% the S&P500.

Analysts await Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) to report earnings on November, 3. They expect $0.05 EPS, up 155.56% or $0.14 from last year’s $-0.09 per share. AOSL’s profit will be $1.19 million for 114.30 P/E if the $0.05 EPS becomes a reality. After $0.09 actual EPS reported by Alpha and Omega Semiconductor Ltd for the previous quarter, Wall Street now forecasts -44.44% negative EPS growth.

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) earned “Neutral” rating by B. Riley & Co on Wednesday, August 12. As per Friday, August 7, the company rating was downgraded by Stifel Nicolaus. The firm has “Neutral” rating by Sidoti given on Thursday, March 17. B.riley maintained Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) rating on Wednesday, September 28. B.riley has “Buy” rating and $26 price target. The firm earned “Hold” rating on Saturday, August 29 by TheStreet. B. Riley & Co maintained it with “Neutral” rating and $10.50 target price in Thursday, February 4 report. The stock of Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) earned “Buy” rating by B. Riley & Co on Thursday, August 11. The firm has “Outperform” rating given on Thursday, February 4 by Northland Capital. Sidoti initiated Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) rating on Monday, January 11. Sidoti has “Buy” rating and $12 price target.

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 2016 Q2. 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.
Manufacturers Life Insur Commerce The reported 12,587 shares or 0% of all its holdings. Strs Ohio owns 43,800 shares or 0% of their US portfolio. First Quadrant L P Ca last reported 64,500 shares in the company. Airain reported 10,583 shares or 0.01% of all its holdings. Rhumbline Advisers holds 0% or 22,311 shares in its portfolio. Fincl Bank Of America De holds 0% of its portfolio in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) for 145,829 shares. Panagora Asset Mngmt Incorporated has 299,218 shares for 0.02% of their US portfolio. Blackrock Fund holds 472,503 shares or 0% of its portfolio. Moreover, Bnp Paribas Arbitrage has 0% invested in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) for 708 shares. Numeric Ltd holds 0.1% or 770,402 shares in its portfolio. Blackrock Inv Mgmt Ltd Llc holds 0% or 78,996 shares in its portfolio. Highbridge Cap Ltd, a New York-based fund reported 31,657 shares. The United Kingdom-based Oxford Asset Mgmt has invested 0.03% in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL). Eagle Advsrs has 0.01% invested in the company for 21,440 shares. Jacobs Levy Equity Management accumulated 21,641 shares or 0.01% of the stock.

Insider Transactions: Since July 1, 2016, the stock had 0 insider buys, and 6 insider sales for $2.44 million net activity. 10,500 shares were sold by Chang Daniel Kuang Ming, worth $183,750. Another trade for 17,436 shares valued at $278,976 was sold by Liang Yifan. On Wednesday, August 10 Ho Yueh-Se sold $1.17 million worth of the stock or 75,000 shares.

More recent Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) news were published by: which released: “Alpha and Omega Semiconductor Reveals Lowest Rss MOSFET with Advanced CSP …” on October 06, 2016. Also published the news titled: “Alpha & Omega Semiconductor Inc.” on April 29, 2010.‘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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