Intersil Corp. (NASDAQ:ISIL) shares hit a new 52-week high during trading on Monday . The stock traded as high as $14.64 and last traded at $14.49, with a volume of 758,156 shares. The stock had previously closed at $14.39.

Several research analysts have issued reports on the company. Zacks Investment Research upgraded Intersil Corp. from a “sell” rating to a “hold” rating in a research note on Tuesday, June 7th. TheStreet upgraded Intersil Corp. from a “hold” rating to a “buy” rating in a research note on Friday, June 24th. Oppenheimer Holdings Inc. reiterated a “hold” rating on shares of Intersil Corp. in a research note on Wednesday, June 15th. Drexel Hamilton reiterated a “buy” rating on shares of Intersil Corp. in a research note on Tuesday, April 26th. Finally, Credit Agricole SA assumed coverage on Intersil Corp. in a research note on Monday, May 16th. They set an “underperform” rating and a $12.00 price objective for the company. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $14.79.

The stock has a market capitalization of $1.94 billion and a PE ratio of 21.92. The company has a 50 day moving average price of $13.80 and a 200 day moving average price of $12.87.

Intersil Corp. (NASDAQ:ISIL) last released its earnings results on Tuesday, April 26th. The company reported $0.15 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.15. During the same quarter in the previous year, the company posted $0.17 earnings per share. The company had revenue of $129.30 million for the quarter, compared to the consensus estimate of $128.41 million. The business’s revenue was down 3.7% compared to the same quarter last year. Equities research analysts anticipate that Intersil Corp. will post $0.67 EPS for the current year.

In related news, CEO Necip Sayiner bought 22,000 shares of the business’s stock in a transaction dated Wednesday, May 4th. The stock was purchased at an average cost of $11.61 per share, for a total transaction of $255,420.00. Following the transaction, the chief executive officer now owns 593,331 shares in the company, valued at approximately $6,888,572.91. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Andrew Micallef sold 4,000 shares of the company’s stock in a transaction on Tuesday, May 10th. The shares were sold at an average price of $11.96, for a total value of $47,840.00. Following the sale, the senior vice president now owns 3,019 shares of the company’s stock, valued at $36,107.24. The disclosure for this sale can be found here.

Several hedge funds recently added to or reduced their stakes in ISIL. Liberty Mutual Group Asset Management Inc. increased its stake in Intersil Corp. by 51.7% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 85,195 shares of the company’s stock worth $1,086,000 after buying an additional 29,024 shares during the last quarter. Mutual of America Capital Management LLC increased its stake in Intersil Corp. by 2.7% in the fourth quarter. Mutual of America Capital Management LLC now owns 90,658 shares of the company’s stock worth $1,157,000 after buying an additional 2,409 shares during the last quarter. New York State Common Retirement Fund increased its stake in Intersil Corp. by 5.2% in the fourth quarter. New York State Common Retirement Fund now owns 126,500 shares of the company’s stock worth $1,614,000 after buying an additional 6,200 shares during the last quarter. Morgan Stanley increased its stake in Intersil Corp. by 31.4% in the fourth quarter. Morgan Stanley now owns 134,483 shares of the company’s stock worth $1,717,000 after buying an additional 32,162 shares during the last quarter. Finally, Retirement Systems of Alabama increased its stake in Intersil Corp. by 1.6% in the fourth quarter. Retirement Systems of Alabama now owns 170,281 shares of the company’s stock worth $2,173,000 after buying an additional 2,729 shares during the last quarter.

Intersil Corporation is engaged in designing and developing power management and precision analog integrated circuits (IC). The Company provides power management and precision analog technology for applications in the infrastructure, industrial, automotive, military, aerospace, computing, and consumer markets.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.