Diodes Incorporated (NASDAQ:DIOD) VP Clemente Beltran sold 17,688 shares of the firm’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $30.00, for a total transaction of $530,640.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Shares of Diodes Incorporated (NASDAQ:DIOD) traded up 0.10% during trading on Wednesday, hitting $30.93. 314,133 shares of the stock traded hands. Diodes Incorporated has a 1-year low of $19.64 and a 1-year high of $30.95. The company has a 50 day moving average of $27.94 and a 200-day moving average of $25.73. The company has a market cap of $1.52 billion, a PE ratio of 58.58 and a beta of 1.26.

Diodes (NASDAQ:DIOD) last issued its quarterly earnings results on Tuesday, August 8th. The semiconductor company reported $0.36 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.36. The business had revenue of $264.20 million for the quarter, compared to the consensus estimate of $261.15 million. Diodes had a net margin of 2.68% and a return on equity of 5.64%. The firm’s quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.20 EPS. On average, equities analysts anticipate that Diodes Incorporated will post $1.28 EPS for the current fiscal year.

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Several equities analysts have commented on DIOD shares. Cleveland Research cut shares of Diodes from a “buy” rating to a “neutral” rating in a research note on Thursday, July 20th. Zacks Investment Research cut shares of Diodes from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 11th. BidaskClub cut shares of Diodes from a “hold” rating to a “sell” rating in a research note on Wednesday, July 5th. Sidoti started coverage on shares of Diodes in a research note on Thursday, September 21st. They set a “neutral” rating and a $32.00 target price on the stock. Finally, Robert W. Baird reissued an “outperform” rating and set a $30.00 target price on shares of Diodes in a research note on Friday, June 9th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $30.67.

A number of large investors have recently made changes to their positions in the business. BlackRock Inc. raised its holdings in Diodes by 50,610.4% during the 1st quarter. BlackRock Inc. now owns 4,634,934 shares of the semiconductor company’s stock worth $111,471,000 after purchasing an additional 4,625,794 shares during the last quarter. Vanguard Group Inc. raised its holdings in Diodes by 5.2% during the 1st quarter. Vanguard Group Inc. now owns 3,356,058 shares of the semiconductor company’s stock worth $80,713,000 after purchasing an additional 165,243 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Diodes by 8.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,247,902 shares of the semiconductor company’s stock worth $78,048,000 after purchasing an additional 261,522 shares during the last quarter. State Street Corp raised its holdings in Diodes by 4.8% during the 2nd quarter. State Street Corp now owns 1,022,899 shares of the semiconductor company’s stock worth $24,572,000 after purchasing an additional 46,506 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in Diodes by 2.9% during the 2nd quarter. Northern Trust Corp now owns 777,284 shares of the semiconductor company’s stock worth $18,679,000 after purchasing an additional 21,697 shares during the last quarter. 73.74% of the stock is owned by hedge funds and other institutional investors.

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.

Insider Buying and Selling by Quarter for Diodes (NASDAQ:DIOD)

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