Alpha and Omega Semiconductor Ltd. (NASDAQ:AOSL)’s share price rose 2.3% during mid-day trading on Tuesday . The company traded as high as $21.25 and last traded at $21.19, with a volume of 126,109 shares traded. The stock had previously closed at $20.72.

AOSL has been the subject of a number of recent research reports. Zacks Investment Research raised Alpha and Omega Semiconductor from a “hold” rating to a “strong-buy” rating and set a $22.00 target price for the company in a report on Tuesday, August 16th. TheStreet raised Alpha and Omega Semiconductor from a “hold” rating to a “buy” rating in a report on Wednesday, August 10th. Finally, B. Riley raised Alpha and Omega Semiconductor to a “buy” rating and set a $20.50 price target for the company in a report on Tuesday, August 16th. One analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. Alpha and Omega Semiconductor currently has a consensus rating of “Buy” and an average target price of $16.63.

The firm’s market capitalization is $483.27 million. The firm’s 50 day moving average price is $16.59 and its 200-day moving average price is $13.83.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last announced its quarterly 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 analysts anticipate that Alpha and Omega Semiconductor Ltd. will post $0.37 earnings per share for the current fiscal year.

In other news, VP Daniel Kuang Ming Chang sold 2,070 shares of the business’s stock in a transaction that occurred on Wednesday, July 13th. The stock was sold at an average price of $14.50, for a total transaction of $30,015.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, COO Yueh-Se Ho sold 75,000 shares of the business’s stock in a transaction that occurred on Thursday, August 11th. The stock was 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.

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.