November 29, 2016 - By Michael Collier
As disclosed in a legally required form that was submitted to the U.S. Security & Exchange Commission on 29/11/2016, Daniel Chang, Senior VP of Marketing of Alpha & Omega Semiconductor Ltd and a person familiar with the firm, sold 10,096 shares of the corporation for exactly $231,198 U.S. Dollars based on an average stock price per share of $22.9. In the last 30 days, he also sold 5,591 shares that are worth $128,034 USD. Now, Daniel Chang owns 40,318 shares which are equivalent to roughly 0.18% of the company’s total market cap (Market Capitalization is a measurement of business value based on share price and number of shares outstanding).
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. $26 is the highest target while $8.50 is the lowest. The $16.17 average target is -29.70% below today’s ($23) stock price. Alpha and Omega Semiconductor has been the topic of 9 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The rating was downgraded by Sidoti on Thursday, March 17 to “Neutral”. The rating was maintained by B. Riley & Co with “Neutral” on Thursday, February 4. The rating was maintained by B.riley with “Buy” on Wednesday, September 28. The rating was maintained by B. Riley & Co with “Neutral” on Wednesday, August 12. As per Thursday, February 4, the company rating was upgraded by Northland Capital. The company was downgraded on Saturday, August 29 by TheStreet. The stock has “Buy” rating given by Sidoti on Monday, January 11. The stock has “Buy” rating given by B. Riley & Co on Thursday, August 11. The rating was downgraded by Stifel Nicolaus on Friday, August 7 to “Hold”.
Insitutional Activity: The institutional sentiment increased to 2.28 in 2016 Q2. Its up 1.03, from 1.25 in 2016Q1. The ratio increased, 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.
Blackrock Advisors Limited last reported 132,021 shares in the company. Springbok Capital Mngmt Limited Com, a New York-based fund reported 14,252 shares. The New Jersey-based Systematic Ltd Partnership has invested 0.02% in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL). Moreover, California State Teachers Retirement has 0% invested in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) for 38,093 shares. Manufacturers Life Insurance Com The has 12,587 shares for 0% of their US portfolio. Dimensional Fund Advsrs Limited Partnership has invested 0.02% of its portfolio in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL). Credit Suisse Ag has 28,947 shares for 0% of their US portfolio. Geode Capital Ltd Liability Corporation has 133,755 shares for 0% of their US portfolio. Nationwide Fund Advsrs holds 0% or 33,275 shares in its portfolio. Spark Mgmt has 121,000 shares for 0.16% of their US portfolio. Eam Lc has 0.43% invested in the company for 206,170 shares. Oxford Asset last reported 0.03% of its portfolio in the stock. Royal Financial Bank Of Canada has invested 0% of its portfolio in Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL). Grt Limited Liability Company accumulated 13,094 shares or 0.05% of the stock. Gagnon Advisors Limited Liability has 4.93% invested in the company for 410,949 shares.
Insider Transactions: Since July 1, 2016, the stock had 0 insider purchases, and 11 insider sales for $4.81 million net activity. Chang Daniel Kuang Ming sold $37,054 worth of stock. Shares for $1.17 million were sold by Ho Yueh-Se on Wednesday, August 10. 50,000 shares were sold by Chang Mike F, worth $1.05 million on Friday, November 11. 2,564 Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) shares with value of $58,972 were sold by Liang Yifan.
The stock decreased 1.84% or $0.43 during the last trading session, hitting $23. About 169,903 shares traded hands or 21.40% up from the average. Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) has risen 71.65% since April 26, 2016 and is uptrending. It has outperformed by 66.39% the S&P500.
Alpha and Omega Semiconductor Limited is a designer, developer and global supplier of power semiconductors. The company has a market cap of $548.20 million. The Company’s portfolio of power semiconductors includes approximately 1,600 products, as of June 30, 2016. It has a 240.03 P/E ratio. The Company’s product portfolio consists of two categories: power discretes and power integrated circuits .
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.”
Analysts await Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) to report earnings on February, 1. They expect $0.08 earnings per share, up 260.00% or $0.13 from last year’s $-0.05 per share. AOSL’s profit will be $1.91M for 71.88 P/E if the $0.08 EPS becomes a reality. After $0.14 actual earnings per share reported by Alpha and Omega Semiconductor Ltd for the previous quarter, Wall Street now forecasts -42.86% negative EPS growth.
More recent Alpha and Omega Semiconductor Ltd (NASDAQ:AOSL) news were published by: Marketwatch.com which released: “Alpha & Omega Semiconductor stock price target raised to $20.50 from $12.50 at ..” on April 29, 2010. Also Quotes.Wsj.com published the news titled: “News Alpha & Omega Semiconductor Inc.AOSL” on February 11, 2011. Zacks.com‘s news article titled: “Others Overlooked Alpha amp; Omega Semiconductor (AOSL), Should You Buy It Now?” with publication date: November 11, 2016 was also an interesting one.
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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