Diodes Incorporated (NASDAQ:DIOD) CEO Keh Shew Lu sold 49,428 shares of the company’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $30.15, for a total value of $1,490,254.20. Following the transaction, the chief executive officer now owns 1,072,021 shares of the company’s stock, valued at approximately $32,321,433.15. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Keh Shew Lu also recently made the following trade(s):

  • On Tuesday, October 3rd, Keh Shew Lu sold 69,084 shares of Diodes stock. The shares were sold at an average price of $30.30, for a total value of $2,093,245.20.

Shares of Diodes Incorporated (DIOD) traded up 0.10% during trading on Wednesday, hitting $30.93. The company had a trading volume of 314,133 shares. The company has a market capitalization of $1.52 billion, a P/E ratio of 58.58 and a beta of 1.26. The stock’s 50-day moving average price is $27.94 and its 200 day moving average price is $25.73. Diodes Incorporated has a 52 week low of $19.64 and a 52 week high of $30.95.

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 Zacks’ consensus estimate of $0.36. Diodes had a return on equity of 5.64% and a net margin of 2.68%. The firm had revenue of $264.20 million during the quarter, compared to analyst estimates of $261.15 million. During the same period last year, the company earned $0.20 EPS. Diodes’s quarterly revenue was up 11.8% compared to the same quarter last year. On average, equities research analysts forecast that Diodes Incorporated will post $1.28 earnings per share for the current year.

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Several hedge funds have recently modified their holdings of the stock. BlackRock Inc. lifted its stake in shares of 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 acquiring an additional 4,625,794 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of 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 acquiring an additional 165,243 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of 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 acquiring an additional 261,522 shares during the last quarter. State Street Corp lifted its stake in shares of 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 acquiring an additional 46,506 shares during the last quarter. Finally, Northern Trust Corp lifted its stake in shares of 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 acquiring an additional 21,697 shares during the last quarter. 73.74% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts recently commented on DIOD shares. Cleveland Research downgraded Diodes from a “buy” rating to a “neutral” rating in a report on Thursday, July 20th. BidaskClub upgraded Diodes from a “sell” rating to a “hold” rating in a report on Monday, July 24th. Zacks Investment Research downgraded Diodes from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 11th. Sidoti started coverage on Diodes in a report on Thursday, September 21st. They set a “neutral” rating and a $32.00 target price for the company. Finally, Robert W. Baird restated an “outperform” rating and set a $30.00 target price on shares of Diodes in a report on Friday, June 9th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. Diodes has an average rating of “Hold” and an average target price of $30.67.

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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