Alpha and Omega Semiconductor Ltd. (NASDAQ:AOSL) shares were up 2.1% during mid-day trading on Wednesday . The stock traded as high as $19.47 and last traded at $19.47, with a volume of 75,683 shares. The stock had previously closed at $19.07.

Several research analysts have issued reports on AOSL shares. Zacks Investment Research upgraded Alpha and Omega Semiconductor from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a research note on Tuesday, May 10th. TheStreet upgraded Alpha and Omega Semiconductor from a “hold” rating to a “buy” rating in a research note on Wednesday, August 10th. Finally, B. Riley upgraded Alpha and Omega Semiconductor from a “neutral” rating to a “buy” rating in a research note on Thursday, August 11th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $16.63.

The firm’s market capitalization is $457.11 million. The firm’s 50 day moving average price is $15.16 and its 200 day moving average price is $13.24.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its earnings results on Wednesday, August 10th. The company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.09. The business had revenue of $91.40 million for the quarter, compared to analyst estimates of $87.50 million. Equities research analysts predict that Alpha and Omega Semiconductor Ltd. will post $0.37 EPS for the current year.

In related news, VP Daniel Kuang Ming Chang sold 10,500 shares of the business’s stock in a transaction on Thursday, August 11th. The stock was sold at an average price of $17.50, for a total value of $183,750.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Yueh-Se Ho sold 75,000 shares of the business’s stock in a transaction on Thursday, August 11th. The shares were sold at an average price of $15.55, for a total value of $1,166,250.00. The disclosure for this sale can be found here.

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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