Share on StockTwits

Diodes (NASDAQ:DIOD) VP Julie Holland sold 26,300 shares of the stock in a transaction that occurred on Thursday, July 3rd. The stock was sold at an average price of $30.00, for a total transaction of $789,000.00. Following the completion of the transaction, the vice president now directly owns 48,498 shares of the company’s stock, valued at approximately $1,454,940. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Shares of Diodes (NASDAQ:DIOD) traded up 0.27% during mid-day trading on Tuesday, hitting $29.24. 249,102 shares of the company’s stock traded hands. Diodes has a 52-week low of $19.26 and a 52-week high of $30.79. The stock has a 50-day moving average of $28.60 and a 200-day moving average of $25.85. The company has a market cap of $1.368 billion and a price-to-earnings ratio of 36.36.

Diodes (NASDAQ:DIOD) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.03. The company had revenue of $209.99 million for the quarter, compared to the consensus estimate of $208.73 million. During the same quarter in the previous year, the company posted $0.16 earnings per share. The company’s revenue for the quarter was up 18.6% on a year-over-year basis. Analysts expect that Diodes will post $1.51 EPS for the current fiscal year.

A number of analysts have recently weighed in on DIOD shares. Analysts at Zacks upgraded shares of Diodes from a “neutral” rating to an “outperform” rating in a research note on Tuesday. They now have a $31.10 price target on the stock. Separately, analysts at Raymond James reiterated an “outperform” rating on shares of Diodes in a research note on Tuesday, June 10th. They now have a $33.00 price target on the stock, up previously from $30.00. Finally, analysts at Topeka Capital Markets raised their price target on shares of Diodes from $32.00 to $34.00 in a research note on Tuesday, June 10th. They now have a “buy” rating on the stock. Five equities research analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and a consensus price target of $31.85.

Diodes Incorporated is a global manufacturer and supplier of application specific standard products within the discrete, logic and analog semiconductor markets, serving the consumer electronics, computing, communications, industrial and automotive markets.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.