Diodes Incorporated (NASDAQ:DIOD) SVP Mark A. King sold 10,000 shares of Diodes stock in a transaction on Friday, November 10th. The shares were sold at an average price of $31.79, for a total value of $317,900.00. Following the transaction, the senior vice president now owns 69,888 shares in the company, valued at $2,221,739.52. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Diodes Incorporated (DIOD) traded up $0.18 during midday trading on Wednesday, reaching $28.52. The company’s stock had a trading volume of 303,300 shares, compared to its average volume of 244,506. Diodes Incorporated has a one year low of $22.06 and a one year high of $35.36. The company has a current ratio of 3.12, a quick ratio of 2.18 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $1,399.72, a price-to-earnings ratio of 25.76 and a beta of 1.15.

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

Several equities research analysts have recently weighed in on the company. BidaskClub lowered Diodes from a “hold” rating to a “sell” rating in a research note on Wednesday. ValuEngine cut Diodes from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. Benchmark cut Diodes from a “buy” rating to a “hold” rating in a research report on Monday, October 30th. Robert W. Baird reaffirmed a “buy” rating and issued a $37.00 target price on shares of Diodes in a research report on Tuesday, October 17th. Finally, Zacks Investment Research raised Diodes from a “hold” rating to a “buy” rating and set a $30.00 target price for the company in a research report on Friday, August 11th. Two analysts have rated the stock with a sell rating, four have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $35.67.

Several institutional investors have recently bought and sold shares of the company. Teachers Advisors LLC grew its position in Diodes by 3.2% during the first quarter. Teachers Advisors LLC now owns 64,307 shares of the semiconductor company’s stock worth $1,547,000 after buying an additional 2,004 shares in the last quarter. Morgan Stanley boosted its holdings in Diodes by 3.2% during the first quarter. Morgan Stanley now owns 175,221 shares of the semiconductor company’s stock valued at $4,213,000 after purchasing an additional 5,464 shares in the last quarter. State Street Corp boosted its holdings in Diodes by 9.8% during the first quarter. State Street Corp now owns 976,393 shares of the semiconductor company’s stock valued at $23,478,000 after purchasing an additional 87,160 shares in the last quarter. Public Employees Retirement System of Ohio boosted its holdings in Diodes by 10.1% during the first quarter. Public Employees Retirement System of Ohio now owns 8,745 shares of the semiconductor company’s stock valued at $210,000 after purchasing an additional 800 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its holdings in Diodes by 1.8% during the second quarter. Nisa Investment Advisors LLC now owns 14,220 shares of the semiconductor company’s stock valued at $342,000 after purchasing an additional 250 shares in the last quarter. Institutional investors and hedge funds own 74.74% of the company’s stock.

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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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