Alpha and Omega Semiconductor Ltd. (NASDAQ:AOSL) hit a new 52-week high on Thursday . The stock traded as high as $21.36 and last traded at $21.28, with a volume of 66,547 shares changing hands. The stock had previously closed at $21.07.

Several brokerages recently weighed in on AOSL. B. Riley restated a “neutral” rating and set a $12.50 target price on shares of Alpha and Omega Semiconductor in a report on Sunday, August 14th. Zacks Investment Research upgraded 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. Finally, TheStreet upgraded Alpha and Omega Semiconductor from a “hold” rating to a “buy” rating in a report on Wednesday, August 10th. One research 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. The company has an average rating of “Buy” and an average price target of $16.63.

The company has a 50-day moving average of $17.18 and a 200-day moving average of $13.99. The company’s market capitalization is $491.24 million.

Alpha and Omega Semiconductor (NASDAQ:AOSL) last posted its earnings results on Wednesday, August 10th. The company reported $0.14 earnings per share (EPS) 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 analysts’ expectations of $87.50 million. Equities research analysts expect that Alpha and Omega Semiconductor Ltd. will post $0.37 EPS for the current year.

In related news, VP Daniel Kuang Ming Chang sold 2,070 shares of the company’s stock in a transaction dated Wednesday, July 13th. The shares were sold at an average price of $14.50, for a total transaction of $30,015.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Yifan Liang sold 17,436 shares of the company’s stock in a transaction dated Thursday, August 11th. The stock was sold at an average price of $16.00, for a total transaction of $278,976.00. 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.