Diodes Incorporated (NASDAQ:DIOD) posted its earnings results on Tuesday. The semiconductor company reported $0.36 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.36, Briefing.com reports. Diodes had a net margin of 1.98% and a return on equity of 4.72%. The company had revenue of $264.20 million during the quarter, compared to analysts’ expectations of $261.15 million. During the same quarter in the prior year, the company posted $0.20 earnings per share. Diodes’s revenue for the quarter was up 11.8% compared to the same quarter last year.

Shares of Diodes (NASDAQ DIOD) traded up 1.13% on Tuesday, reaching $26.83. 217,029 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $25.48 and a 200 day moving average of $24.89. The firm has a market capitalization of $1.30 billion, a P/E ratio of 71.36 and a beta of 1.22. Diodes has a one year low of $18.32 and a one year high of $27.50.

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DIOD has been the subject of a number of analyst reports. Cleveland Research cut shares of Diodes from a “buy” rating to a “neutral” rating in a research report on Thursday, July 20th. BidaskClub raised shares of Diodes from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Zacks Investment Research cut shares of Diodes from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 11th. Finally, Robert W. Baird reissued an “outperform” rating and set a $30.00 target price on shares of Diodes in a research report on Friday, June 9th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $29.50.

In other news, CFO Richard Dallas White sold 2,750 shares of the business’s stock in a transaction that occurred on Wednesday, July 5th. The shares were sold at an average price of $23.81, for a total transaction of $65,477.50. Following the completion of the sale, the chief financial officer now owns 93,621 shares in the company, valued at approximately $2,229,116.01. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Francis Tang sold 2,200 shares of the business’s stock in a transaction that occurred on Tuesday, May 16th. The stock was sold at an average price of $26.66, for a total transaction of $58,652.00. Following the sale, the vice president now owns 69,943 shares of the company’s stock, valued at approximately $1,864,680.38. The disclosure for this sale can be found here. Insiders have sold a total of 306,069 shares of company stock valued at $7,989,798 in the last 90 days. Insiders own 6.70% of the company’s stock.

Diodes Company Profile

Diodes Incorporated is a manufacturer and supplier of application-specific standard products within the discrete, logic, analog and mixed-signal semiconductor markets, serving the consumer electronics, computing, communications, industrial and automotive markets. The Company’s products include diodes; rectifiers; transistors; metal-oxide semiconductor field-effect transistors (MOSFETs); protection devices; amplifiers and comparators; Hall-effect and temperature sensors, and power management devices, including light emitting diode (LED) drivers, alternating current (AC)-direct current (DC) and DC-DC switching, linear voltage regulators and voltage references, along with special function devices, such as universal serial bus (USB) power switches, load switches, voltage supervisors and motor controllers.

Earnings History for Diodes (NASDAQ:DIOD)

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