Diodes Incorporated (NASDAQ:DIOD) SVP Mark A. King sold 10,169 shares of the firm’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $31.80, for a total transaction of $323,374.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Diodes Incorporated (NASDAQ:DIOD) traded down $0.78 during trading on Tuesday, hitting $31.01. 369,700 shares of the stock traded hands, compared to its average volume of 238,500. The company has a market capitalization of $1,570.11, a PE ratio of 28.90 and a beta of 1.23. The company has a debt-to-equity ratio of 0.34, a quick ratio of 2.18 and a current ratio of 3.12. Diodes Incorporated has a 52-week low of $21.78 and a 52-week high of $35.36.

Diodes (NASDAQ:DIOD) last released its quarterly earnings data on Tuesday, November 7th. The semiconductor company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.01. The firm had revenue of $285.20 million for the quarter, compared to analysts’ expectations of $281.66 million. Diodes had a net margin of 2.96% and a return on equity of 6.44%. The company’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.30 earnings per share. sell-side analysts expect that Diodes Incorporated will post 1.35 earnings per share for the current fiscal year.

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Several institutional investors have recently added to or reduced their stakes in DIOD. Teachers Advisors LLC raised its position in shares of Diodes by 3.2% during the first quarter. Teachers Advisors LLC now owns 64,307 shares of the semiconductor company’s stock valued at $1,547,000 after buying an additional 2,004 shares during the last quarter. Thrivent Financial For Lutherans increased its position in Diodes by 6.7% in the first quarter. Thrivent Financial For Lutherans now owns 21,810 shares of the semiconductor company’s stock worth $525,000 after purchasing an additional 1,370 shares during the last quarter. Vanguard Group Inc. increased its position in Diodes by 5.2% in the first 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. Geode Capital Management LLC increased its position in Diodes by 9.8% in the first quarter. Geode Capital Management LLC now owns 331,400 shares of the semiconductor company’s stock worth $7,970,000 after purchasing an additional 29,676 shares during the last quarter. Finally, Morgan Stanley increased its position in Diodes by 3.2% in the first quarter. Morgan Stanley now owns 175,221 shares of the semiconductor company’s stock worth $4,213,000 after purchasing an additional 5,464 shares during the last quarter. Hedge funds and other institutional investors own 72.03% of the company’s stock.

A number of research firms have commented on DIOD. Benchmark Co. cut shares of Diodes from a “buy” rating to a “hold” rating in a research note on Monday, October 30th. Zacks Investment Research upgraded shares of Diodes from a “hold” rating to a “strong-buy” rating and set a $38.00 target price on the stock in a research note on Tuesday, October 17th. Robert W. Baird restated a “buy” rating and set a $37.00 target price on shares of Diodes in a research note on Tuesday, October 17th. Sidoti began 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, BidaskClub upgraded shares of Diodes from a “sell” rating to a “hold” rating in a research note on Monday, July 24th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $35.67.

About Diodes

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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