Diodes Incorporated (NASDAQ:DIOD) CEO Keh Shew Lu sold 69,084 shares of the company’s stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of $30.30, for a total transaction of $2,093,245.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Monday, October 2nd, Keh Shew Lu sold 49,428 shares of Diodes stock. The stock was sold at an average price of $30.15, for a total transaction of $1,490,254.20.

Shares of Diodes Incorporated (NASDAQ:DIOD) traded up 0.10% during midday trading on Wednesday, hitting $30.93. 314,133 shares of the stock traded hands. The stock 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 price-to-earnings ratio of 58.58 and a beta of 1.26. Diodes Incorporated has a 52-week low of $19.64 and a 52-week high of $30.95.

Diodes (NASDAQ:DIOD) last announced its quarterly earnings data on Tuesday, August 8th. The semiconductor company reported $0.36 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.36. The firm had revenue of $264.20 million during the quarter, compared to analysts’ expectations of $261.15 million. Diodes had a net margin of 2.68% and a return on equity of 5.64%. The business’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.20 earnings per share. On average, equities analysts predict that Diodes Incorporated will post $1.28 earnings per share for the current fiscal year.

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

Several hedge funds have recently made changes to their positions in the stock. Dynamic Technology Lab Private Ltd grew its holdings in shares of Diodes by 58.3% in the second quarter. Dynamic Technology Lab Private Ltd now owns 20,950 shares of the semiconductor company’s stock valued at $504,000 after purchasing an additional 7,714 shares in the last quarter. Sterling Capital Management LLC acquired a new position in shares of Diodes in the second quarter valued at approximately $851,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of Diodes by 324.7% in the second quarter. Arrowstreet Capital Limited Partnership now owns 125,700 shares of the semiconductor company’s stock valued at $3,021,000 after purchasing an additional 96,100 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new position in shares of Diodes in the second quarter valued at approximately $587,000. Finally, State Street Corp grew its holdings in shares of Diodes by 4.8% in the second quarter. State Street Corp now owns 1,022,899 shares of the semiconductor company’s stock valued at $24,572,000 after purchasing an additional 46,506 shares in the last quarter. Hedge funds and other institutional investors own 73.74% 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.

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

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