Massachusetts Financial Services Co. MA Invests $563,000 in Alpha and Omega Semiconductor Limited $AOSL

Massachusetts Financial Services Co. MA purchased a new position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 28,439 shares of the semiconductor company’s stock, valued at approximately $563,000. Massachusetts Financial Services Co. MA owned approximately 0.09% of Alpha and Omega Semiconductor at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. grew its position in shares of Alpha and Omega Semiconductor by 1.4% during the 3rd quarter. Vanguard Group Inc. now owns 2,453,975 shares of the semiconductor company’s stock worth $68,613,000 after buying an additional 33,959 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in Alpha and Omega Semiconductor by 12.7% during the second quarter. The Manufacturers Life Insurance Company now owns 1,411,400 shares of the semiconductor company’s stock valued at $36,217,000 after purchasing an additional 158,869 shares in the last quarter. Wellington Management Group LLP boosted its position in Alpha and Omega Semiconductor by 15.0% during the third quarter. Wellington Management Group LLP now owns 864,965 shares of the semiconductor company’s stock valued at $24,184,000 after purchasing an additional 113,077 shares in the last quarter. Robeco Schweiz AG boosted its position in Alpha and Omega Semiconductor by 0.4% during the third quarter. Robeco Schweiz AG now owns 785,264 shares of the semiconductor company’s stock valued at $21,956,000 after purchasing an additional 2,761 shares in the last quarter. Finally, Millennium Management LLC boosted its position in Alpha and Omega Semiconductor by 57.5% during the third quarter. Millennium Management LLC now owns 637,876 shares of the semiconductor company’s stock valued at $17,835,000 after purchasing an additional 232,817 shares in the last quarter. Institutional investors own 78.97% of the company’s stock.

Alpha and Omega Semiconductor Price Performance

Shares of AOSL stock opened at $33.88 on Friday. The company has a market cap of $1.01 billion, a P/E ratio of -9.76 and a beta of 1.94. The stock’s 50-day moving average is $22.80 and its 200 day moving average is $22.99. Alpha and Omega Semiconductor Limited has a 1-year low of $15.90 and a 1-year high of $35.70.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last issued its quarterly earnings results on Thursday, February 5th. The semiconductor company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.08). The business had revenue of $162.26 million during the quarter, compared to analyst estimates of $160.67 million. Alpha and Omega Semiconductor had a negative return on equity of 3.78% and a negative net margin of 15.06%.Alpha and Omega Semiconductor’s revenue was down 6.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.09 EPS. On average, analysts anticipate that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on AOSL shares. Zacks Research raised Alpha and Omega Semiconductor from a “strong sell” rating to a “hold” rating in a research report on Monday, April 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Alpha and Omega Semiconductor in a research report on Wednesday, January 21st. Wall Street Zen downgraded Alpha and Omega Semiconductor from a “hold” rating to a “strong sell” rating in a research report on Saturday, February 7th. B. Riley Financial raised their price objective on Alpha and Omega Semiconductor from $19.00 to $25.00 and gave the company a “neutral” rating in a research report on Monday, April 13th. Finally, Stifel Nicolaus dropped their price objective on Alpha and Omega Semiconductor from $24.00 to $22.00 and set a “hold” rating on the stock in a research report on Friday, February 6th. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $24.00.

Insiders Place Their Bets

In other Alpha and Omega Semiconductor news, CFO Yifan Liang sold 26,517 shares of the firm’s stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $30.57, for a total value of $810,624.69. Following the completion of the sale, the chief financial officer owned 278,628 shares of the company’s stock, valued at approximately $8,517,657.96. This trade represents a 8.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Bing Xue sold 2,408 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $21.92, for a total value of $52,783.36. Following the completion of the sale, the executive vice president directly owned 113,631 shares of the company’s stock, valued at approximately $2,490,791.52. This represents a 2.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 34,519 shares of company stock worth $1,041,857 in the last three months. Insiders own 16.70% of the company’s stock.

About Alpha and Omega Semiconductor

Alpha and Omega Semiconductor Limited (NASDAQ: AOSL) is a designer and supplier of power semiconductor components used in power management applications across a range of electronic systems. The company offers a broad portfolio of discrete and integrated power devices, including power MOSFETs, rectifiers, voltage regulators, and power management ICs. These products are optimized for high efficiency, compact form factors and thermal performance, catering to the growing demands of energy-sensitive applications in computing, consumer electronics, communications and industrial markets.

Since its founding in 2000, Alpha and Omega Semiconductor has leveraged in-house design expertise and strategic partnerships with manufacturing facilities to deliver scalable, high-volume production.