Massachusetts Financial Services Co. MA Increases Holdings in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Massachusetts Financial Services Co. MA boosted its position in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) by 3.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 63,054 shares of the semiconductor company’s stock after buying an additional 2,117 shares during the period. Massachusetts Financial Services Co. MA owned approximately 0.22% of Alpha and Omega Semiconductor worth $2,356,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of AOSL. Vanguard Group Inc. lifted its position in Alpha and Omega Semiconductor by 1.9% during the first quarter. Vanguard Group Inc. now owns 2,125,356 shares of the semiconductor company’s stock valued at $46,843,000 after purchasing an additional 40,183 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in shares of Alpha and Omega Semiconductor by 8.6% in the 4th quarter. The Manufacturers Life Insurance Company now owns 1,092,295 shares of the semiconductor company’s stock valued at $28,465,000 after buying an additional 86,366 shares during the period. First Eagle Investment Management LLC boosted its stake in shares of Alpha and Omega Semiconductor by 18.9% in the first quarter. First Eagle Investment Management LLC now owns 446,542 shares of the semiconductor company’s stock worth $9,842,000 after buying an additional 71,000 shares during the last quarter. Wellington Management Group LLP grew its holdings in Alpha and Omega Semiconductor by 18.9% during the fourth quarter. Wellington Management Group LLP now owns 348,703 shares of the semiconductor company’s stock worth $9,087,000 after acquiring an additional 55,403 shares during the period. Finally, Peregrine Capital Management LLC raised its position in Alpha and Omega Semiconductor by 14.6% during the second quarter. Peregrine Capital Management LLC now owns 338,683 shares of the semiconductor company’s stock valued at $12,657,000 after acquiring an additional 43,031 shares in the last quarter. Institutional investors and hedge funds own 78.97% of the company’s stock.

Alpha and Omega Semiconductor Price Performance

Shares of NASDAQ AOSL opened at $34.81 on Monday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.31 and a current ratio of 2.58. The firm has a fifty day moving average of $38.16 and a 200 day moving average of $30.94. The firm has a market cap of $999.12 million, a PE ratio of -102.38 and a beta of 2.42. Alpha and Omega Semiconductor Limited has a one year low of $19.38 and a one year high of $47.45.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its earnings results on Wednesday, August 7th. The semiconductor company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.05. The business had revenue of $161.30 million during the quarter, compared to analysts’ expectations of $160.03 million. Alpha and Omega Semiconductor had a negative net margin of 1.69% and a negative return on equity of 0.33%. The company’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.08 earnings per share. As a group, research analysts predict that Alpha and Omega Semiconductor Limited will post -1.06 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have commented on AOSL. StockNews.com lowered Alpha and Omega Semiconductor from a “hold” rating to a “sell” rating in a research report on Wednesday, September 18th. B. Riley raised their price target on shares of Alpha and Omega Semiconductor from $40.00 to $50.00 and gave the company a “buy” rating in a research report on Thursday, July 11th. Benchmark upped their price objective on shares of Alpha and Omega Semiconductor from $28.00 to $42.00 and gave the stock a “buy” rating in a research report on Friday, June 28th. Finally, Stifel Nicolaus increased their target price on shares of Alpha and Omega Semiconductor from $21.00 to $36.00 and gave the stock a “sell” rating in a research note on Thursday, July 18th.

Insider Buying and Selling at Alpha and Omega Semiconductor

In other news, CFO Yifan Liang sold 10,000 shares of Alpha and Omega Semiconductor stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $35.60, for a total value of $356,000.00. Following the sale, the chief financial officer now directly owns 296,294 shares of the company’s stock, valued at $10,548,066.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CFO Yifan Liang sold 10,000 shares of the business’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $35.60, for a total transaction of $356,000.00. Following the transaction, the chief financial officer now directly owns 296,294 shares in the company, valued at $10,548,066.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Lucas S. Chang sold 3,377 shares of the stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $38.06, for a total transaction of $128,528.62. Following the completion of the sale, the director now owns 33,245 shares of the company’s stock, valued at approximately $1,265,304.70. The disclosure for this sale can be found here. Insiders own 17.90% of the company’s stock.

Alpha and Omega Semiconductor Company Profile

Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications in Hong Kong, China, South Korea, the United States, and internationally. It offers power discrete products, including metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors for use in smart phone chargers, battery packs, notebooks, desktop and servers, data centers, base stations, graphics card, game boxes, TVs, AC adapters, power supplies, motor control, power tools, E-vehicles, white goods and industrial motor drives, UPS systems, solar inverters, and industrial welding.