Wellington Management Group LLP Has $23.45 Million Stock Holdings in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

Wellington Management Group LLP lifted its stake in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 12.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 633,345 shares of the semiconductor company's stock after purchasing an additional 70,100 shares during the quarter. Wellington Management Group LLP owned about 2.18% of Alpha and Omega Semiconductor worth $23,453,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. PNC Financial Services Group Inc. increased its stake in shares of Alpha and Omega Semiconductor by 47.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 908 shares of the semiconductor company's stock worth $34,000 after purchasing an additional 291 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in Alpha and Omega Semiconductor by 4.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 10,853 shares of the semiconductor company's stock worth $403,000 after buying an additional 508 shares in the last quarter. IFP Advisors Inc lifted its holdings in Alpha and Omega Semiconductor by 276.8% during the 4th quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company's stock worth $28,000 after buying an additional 548 shares during the last quarter. CIBC Private Wealth Group LLC bought a new position in shares of Alpha and Omega Semiconductor during the fourth quarter valued at approximately $39,000. Finally, Larson Financial Group LLC bought a new stake in shares of Alpha and Omega Semiconductor during the fourth quarter valued at approximately $38,000. Hedge funds and other institutional investors own 78.97% of the company's stock.

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Analysts Set New Price Targets

AOSL has been the topic of a number of research analyst reports. StockNews.com upgraded shares of Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a research note on Friday, March 7th. Benchmark boosted their target price on shares of Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the stock a "buy" rating in a report on Thursday, February 6th.

Insiders Place Their Bets

In other Alpha and Omega Semiconductor news, EVP Bing Xue sold 1,242 shares of the stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $35.00, for a total transaction of $43,470.00. Following the transaction, the executive vice president now owns 115,368 shares in the company, valued at $4,037,880. This trade represents a 1.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 16.90% of the company's stock.

Alpha and Omega Semiconductor Stock Down 2.8 %

NASDAQ:AOSL traded down $0.55 on Friday, hitting $18.92. 445,542 shares of the company's stock traded hands, compared to its average volume of 471,858. The company has a market cap of $556.53 million, a PE ratio of -23.65 and a beta of 2.48. Alpha and Omega Semiconductor Limited has a 1 year low of $16.38 and a 1 year high of $53.29. The company has a current ratio of 2.72, a quick ratio of 1.50 and a debt-to-equity ratio of 0.03. The firm has a 50-day moving average price of $28.51 and a 200-day moving average price of $34.46.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The semiconductor company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.08 by ($0.26). Alpha and Omega Semiconductor had a negative net margin of 3.46% and a negative return on equity of 0.23%. Equities analysts anticipate that Alpha and Omega Semiconductor Limited will post -0.82 EPS for the current fiscal year.

About Alpha and Omega Semiconductor

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.