Shares of 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 analysts have weighed in on AOSL shares. B. Riley reaffirmed a “neutral” rating and set a $12.50 price objective on shares of Alpha and Omega Semiconductor in a research report on Thursday, May 5th. Zacks Investment Research raised 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 report on Tuesday, May 10th. Finally, TheStreet raised Alpha and Omega Semiconductor from a “hold” rating to a “buy” rating in a research report on Wednesday, August 10th. One 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 company. The stock presently has an average rating of “Buy” and an average price target of $16.63.

The company’s 50 day moving average is $16.21 and its 200-day moving average is $13.66. The firm’s market capitalization is $469.39 million.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last released its quarterly earnings results on Wednesday, August 10th. The company reported $0.14 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.09. The business earned $91.40 million during the quarter, compared to analyst estimates of $87.50 million. Equities analysts anticipate that Alpha and Omega Semiconductor Ltd. will post $0.37 earnings per share for the current fiscal year.

In related news, VP Daniel Kuang Ming Chang sold 2,679 shares of the business’s stock in a transaction dated Friday, July 1st. The stock was sold at an average price of $13.83, for a total value of $37,050.57. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Yueh-Se Ho sold 75,000 shares of the business’s stock in a transaction dated 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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