Alpha and Omega Semiconductor Ltd. (NASDAQ:AOSL) reached a new 52-week high on Friday . The company traded as high as $20.91 and last traded at $20.78, with a volume of 132,866 shares traded. The stock had previously closed at $19.99.

A number of equities research analysts have weighed in on AOSL shares. TheStreet raised shares of Alpha and Omega Semiconductor from a “hold” rating to a “buy” rating in a report on Wednesday, August 10th. Zacks Investment Research raised shares of Alpha and Omega Semiconductor from a “hold” rating to a “strong-buy” rating and set a $22.00 price objective on the stock in a research note on Tuesday, August 16th. Finally, B. Riley reaffirmed a “neutral” rating and issued a $12.50 price objective on shares of Alpha and Omega Semiconductor in a research note on Tuesday, May 10th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $16.63.

The company’s 50 day moving average price is $16.01 and its 200-day moving average price is $13.59. The stock’s market cap is $465.53 million.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its earnings results on Wednesday, August 10th. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.09. The company earned $91.40 million during the quarter, compared to analysts’ expectations of $87.50 million. On average, equities research analysts anticipate that Alpha and Omega Semiconductor Ltd. will post $0.37 earnings per share for the current year.

In related news, VP Daniel Kuang Ming Chang sold 2,679 shares of the firm’s stock in a transaction that occurred on Friday, July 1st. The shares were sold at an average price of $13.83, for a total value of $37,050.57. The sale was disclosed in a filing with the SEC, which is available through this link. Also, COO Yueh-Se Ho sold 75,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 11th. The shares were sold at an average price of $15.55, for a total transaction 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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