Diodes Incorporated (NASDAQ:DIOD) CEO Keh Shew Lu sold 69,983 shares of the firm’s stock in a transaction dated Tuesday, October 10th. The stock was sold at an average price of $31.20, for a total value of $2,183,469.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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 value of $1,490,254.20.
  • On Tuesday, October 3rd, Keh Shew Lu sold 69,084 shares of Diodes stock. The stock was sold at an average price of $30.30, for a total value of $2,093,245.20.

Shares of Diodes Incorporated (DIOD) traded up 2.49% on Tuesday, hitting $31.70. The stock had a trading volume of 474,566 shares. Diodes Incorporated has a 52-week low of $19.64 and a 52-week high of $31.95. The firm’s 50-day moving average price is $28.39 and its 200 day moving average price is $25.94. The firm has a market cap of $1.56 billion, a PE ratio of 60.04 and a beta of 1.26.

Diodes (NASDAQ:DIOD) last announced its earnings results on Tuesday, August 8th. The semiconductor company reported $0.36 earnings per share (EPS) 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 return on equity of 5.64% and a net margin of 2.68%. The business’s revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.20 EPS. On average, equities research analysts predict that Diodes Incorporated will post $1.28 EPS for the current year.

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Several research analysts have recently issued reports on DIOD shares. Cleveland Research cut Diodes from a “buy” rating to a “neutral” rating in a research note on Thursday, July 20th. BidaskClub upgraded Diodes from a “sell” rating to a “hold” rating in a research note on Monday, July 24th. Zacks Investment Research cut Diodes from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 11th. Finally, Sidoti started coverage on Diodes in a research note on Thursday, September 21st. They issued a “neutral” rating and a $32.00 price objective for the company. One equities research 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. Diodes currently has a consensus rating of “Hold” and a consensus price target of $30.67.

Institutional investors and hedge funds have recently bought and sold shares of the business. State of Alaska Department of Revenue raised its stake in Diodes by 79.1% during the 2nd quarter. State of Alaska Department of Revenue now owns 7,542 shares of the semiconductor company’s stock valued at $181,000 after acquiring an additional 3,332 shares during the last quarter. Public Employees Retirement System of Ohio raised its stake in Diodes by 10.1% during the 1st quarter. Public Employees Retirement System of Ohio now owns 8,745 shares of the semiconductor company’s stock valued at $210,000 after acquiring an additional 800 shares during the last quarter. Mason Street Advisors LLC raised its stake in Diodes by 5.7% during the 1st quarter. Mason Street Advisors LLC now owns 8,923 shares of the semiconductor company’s stock valued at $215,000 after acquiring an additional 481 shares during the last quarter. Virtu KCG Holdings LLC raised its stake in Diodes by 8.0% during the 2nd quarter. Virtu KCG Holdings LLC now owns 10,997 shares of the semiconductor company’s stock valued at $264,000 after acquiring an additional 815 shares during the last quarter. Finally, Chicago Equity Partners LLC purchased a new stake in Diodes during the 2nd quarter valued at approximately $265,000. 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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