Diodes Incorporated (NASDAQ:DIOD) VP Shiao Kwang Edmund Tang sold 16,722 shares of the firm’s stock in a transaction dated Tuesday, October 10th. The shares were sold at an average price of $31.00, for a total value of $518,382.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Shiao Kwang Edmund Tang also recently made the following trade(s):

  • On Tuesday, October 3rd, Shiao Kwang Edmund Tang sold 27,877 shares of Diodes stock. The shares were sold at an average price of $30.29, for a total value of $844,394.33.

Shares of Diodes Incorporated (DIOD) traded up 2.49% during trading on Tuesday, hitting $31.70. The stock had a trading volume of 474,566 shares. The firm has a market cap of $1.56 billion, a price-to-earnings ratio of 60.04 and a beta of 1.26. The stock has a 50-day moving average of $28.39 and a 200 day moving average of $25.94. Diodes Incorporated has a 12-month low of $19.64 and a 12-month high of $31.95.

Diodes (NASDAQ:DIOD) last announced its quarterly earnings data on Tuesday, August 8th. The semiconductor company reported $0.36 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.36. Diodes had a net margin of 2.68% and a return on equity of 5.64%. 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 earned $0.20 EPS. The firm’s revenue was up 11.8% on a year-over-year basis. On average, analysts predict that Diodes Incorporated will post $1.28 earnings per share for the current fiscal year.

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Several institutional investors have recently made changes to their positions in the company. BlackRock Inc. boosted its stake in shares of Diodes by 50,610.4% in the 1st quarter. BlackRock Inc. now owns 4,634,934 shares of the semiconductor company’s stock valued at $111,471,000 after purchasing an additional 4,625,794 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Diodes by 5.2% in the 1st quarter. Vanguard Group Inc. now owns 3,356,058 shares of the semiconductor company’s stock valued at $80,713,000 after purchasing an additional 165,243 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Diodes by 8.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,247,902 shares of the semiconductor company’s stock valued at $78,048,000 after purchasing an additional 261,522 shares in the last quarter. State Street Corp boosted its stake in shares of Diodes by 4.8% in the 2nd 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. Finally, Northern Trust Corp boosted its stake in shares of Diodes by 2.9% in the 2nd quarter. Northern Trust Corp now owns 777,284 shares of the semiconductor company’s stock valued at $18,679,000 after purchasing an additional 21,697 shares in the last quarter. 73.74% of the stock is owned by institutional investors.

A number of equities analysts recently commented on the company. Sidoti assumed coverage on Diodes in a report on Thursday, September 21st. They set a “neutral” rating and a $32.00 target price for the company. Zacks Investment Research upgraded Diodes from a “hold” rating to a “buy” rating and set a $30.00 target price for the company in a report on Friday, August 11th. BidaskClub upgraded Diodes from a “sell” rating to a “hold” rating in a report on Monday, July 24th. Finally, Cleveland Research cut Diodes from a “buy” rating to a “neutral” rating in a report on Thursday, July 20th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target 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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