Omega Flex, Inc. (OFLX) Forms $61.62 Double Top; Power Integrations, Inc. (POWI) Covered By 3 Bulls

Omega Flex, Inc. (OFLX) formed double top with $64.70 target or 5.00% above today’s $61.62 share price. Omega Flex, Inc. (OFLX) has $621.86M valuation. The stock increased 0.16% or $0.1 during the last trading session, reaching $61.62. About 11,866 shares traded. Omega Flex, Inc. (NASDAQ:OFLX) has risen 82.58% since January 31, 2017 and is uptrending. It has outperformed by 65.88% the S&P500.

Among 6 analysts covering Power Integrations (NASDAQ:POWI), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Power Integrations had 18 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Friday, December 29 with “Buy”. The rating was downgraded by Deutsche Bank to “Hold” on Tuesday, July 25. Drexel Hamilton initiated the shares of POWI in report on Thursday, December 22 with “Buy” rating. The stock of Power Integrations, Inc. (NASDAQ:POWI) has “Buy” rating given on Friday, September 1 by Stifel Nicolaus. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, October 13. The stock has “Buy” rating by Stifel Nicolaus on Friday, June 30. The firm has “Buy” rating by Drexel Hamilton given on Friday, July 28. Northland Capital maintained Power Integrations, Inc. (NASDAQ:POWI) on Thursday, October 29 with “Outperform” rating. Stifel Nicolaus maintained the shares of POWI in report on Friday, July 28 with “Buy” rating. The firm has “Buy” rating by Sidoti given on Friday, January 8. See Power Integrations, Inc. (NASDAQ:POWI) latest ratings:

29/12/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $88.0 Maintain
12/12/2017 Broker: Susquehanna Rating: Hold New Target: $80.0
01/09/2017 Broker: Stifel Nicolaus Rating: Buy New Target: $85.0 Maintain

Power Integrations, Inc. designs, develops, and markets analog and mixed-signal integrated circuits, and other electronic components and circuitry used in high-voltage power conversion. The company has market cap of $2.28 billion. The firm offers a range of alternating current to direct current power conversion products that address power supply ranging from less than 1 watt of output to approximately 500 watts of output for mobile-device chargers, consumer appliances, utility meters, LCD monitors, main and standby power supplies for desktop computers and TVs, LED lamps, and other consumer and industrial applications. It has a 40.1 P/E ratio. It also provides high-voltage diodes; and high-voltage gate-driver products under the SCALE and SCALE-2 product-family names.

Since August 22, 2017, it had 0 insider buys, and 5 sales for $279,189 activity. The insider Sutherland Ben sold 172 shares worth $12,184. $28,728 worth of Power Integrations, Inc. (NASDAQ:POWI) was sold by Barsan Radu. Another trade for 149 shares valued at $10,535 was made by Bailey Doug on Monday, August 28. $156,518 worth of Power Integrations, Inc. (NASDAQ:POWI) was sold by Petrakian Raja on Tuesday, August 22. Matthews David MH sold $71,224 worth of stock.

The stock decreased 1.61% or $1.25 during the last trading session, reaching $76.6. About 104,940 shares traded. Power Integrations, Inc. (NASDAQ:POWI) has risen 41.25% since January 31, 2017 and is uptrending. It has outperformed by 24.55% the S&P500.

Investors sentiment decreased to 0.86 in Q3 2017. Its down 0.38, from 1.24 in 2017Q2. It is negative, as 28 investors sold Power Integrations, Inc. shares while 68 reduced holdings. 24 funds opened positions while 59 raised stakes. 28.33 million shares or 1.78% more from 27.83 million shares in 2017Q2 were reported. Glenmede Na reported 0% of its portfolio in Power Integrations, Inc. (NASDAQ:POWI). Friedberg Inv Mngmt has invested 0.88% of its portfolio in Power Integrations, Inc. (NASDAQ:POWI). Suffolk Cap Mngmt Ltd Liability Corp invested in 18,733 shares. Price T Rowe Assoc Md stated it has 0% in Power Integrations, Inc. (NASDAQ:POWI). Oppenheimer Asset Mgmt has invested 0.05% of its portfolio in Power Integrations, Inc. (NASDAQ:POWI). Solaris Asset Mgmt Limited Liability Co holds 0% or 20 shares in its portfolio. 29 were accumulated by Tci Wealth Advsr. Stephens Inv Mngmt Gp Llc holds 1.09% in Power Integrations, Inc. (NASDAQ:POWI) or 644,192 shares. Moreover, Blackrock has 0.01% invested in Power Integrations, Inc. (NASDAQ:POWI) for 3.54M shares. Employees Retirement System Of Ohio has invested 0.05% of its portfolio in Power Integrations, Inc. (NASDAQ:POWI). Citadel Advsr Limited Liability Co owns 20,177 shares for 0% of their portfolio. Ubs Asset Management Americas Inc invested in 0% or 17,476 shares. Pnc Gp owns 3,578 shares or 0% of their US portfolio. Snyder Cap Mgmt Lp stated it has 530,544 shares. Texas Permanent School Fund accumulated 0.02% or 21,725 shares.