Alpha and Omega Semiconductor Ltd. (NASDAQ:AOSL) shares saw strong trading volume on Friday . 482,588 shares traded hands during mid-day trading, an increase of 203% from the previous session’s volume of 159,028 shares.The stock last traded at $19.33 and had previously closed at $19.04.

Several equities research analysts have recently commented on the stock. TheStreet upgraded shares of Alpha and Omega Semiconductor from a “hold” rating to a “buy” rating in a research note on Wednesday. B. Riley upgraded shares of Alpha and Omega Semiconductor from a “neutral” rating to a “buy” rating in a research note on Thursday. Finally, Zacks Investment Research upgraded shares of Alpha and Omega Semiconductor from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research report on Tuesday, May 10th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $12.88.

The company’s market cap is $446.64 million. The stock has a 50-day moving average of $14.37 and a 200 day moving average of $12.86.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its quarterly earnings data on Wednesday, August 10th. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.09. The firm had revenue of $91.40 million for the quarter, compared to the consensus estimate of $87.50 million. Analysts forecast that Alpha and Omega Semiconductor Ltd. will post $0.37 earnings per share for the current year.

In other Alpha and Omega Semiconductor news, COO Yueh-Se Ho sold 75,000 shares of the stock in a transaction on Thursday, August 11th. The stock was sold at an average price of $15.55, for a total transaction of $1,166,250.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Daniel Kuang Ming Chang sold 2,070 shares of the stock in a transaction on Wednesday, July 13th. The stock was sold at an average price of $14.50, for a total value of $30,015.00. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in Alpha and Omega Semiconductor stock. Royce & Associates LLC increased its position in Alpha and Omega Semiconductor Ltd. (NASDAQ:AOSL) by 104.8% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 622,354 shares of the company’s stock after buying an additional 318,415 shares during the period. Royce & Associates LLC owned 2.81% of Alpha and Omega Semiconductor worth $5,719,000 at the end of the most recent reporting period.

Alpha and Omega Semiconductor Limited is a designer, developer and global supplier of power semiconductors. The Company’s portfolio of products targets high-volume applications, including personal computers, flat panel televisions (TVs), light-emitting diode (LED) lighting, smart phones, battery packs, consumer and industrial motor controls and power supplies for TVs, computers, servers and telecommunications equipment.

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