Diodes Incorporated (NASDAQ:DIOD) CFO Richard Dallas White sold 14,752 shares of Diodes stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $30.01, for a total transaction of $442,707.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of Diodes Incorporated (DIOD) traded down 0.39% during mid-day trading on Thursday, hitting $30.81. 159,135 shares of the stock traded hands. The stock has a 50-day moving average of $28.04 and a 200 day moving average of $25.77. Diodes Incorporated has a one year low of $19.64 and a one year high of $31.00. The stock has a market cap of $1.51 billion, a PE ratio of 58.35 and a beta of 1.26.

Diodes (NASDAQ:DIOD) last released its earnings results on Tuesday, August 8th. The semiconductor company reported $0.36 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.36. The company 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 business posted $0.20 EPS. Equities analysts predict that Diodes Incorporated will post $1.28 EPS for the current fiscal year.

COPYRIGHT VIOLATION WARNING: “Diodes Incorporated (DIOD) CFO Richard Dallas White Sells 14,752 Shares of Stock” was originally reported by Marea Informative and is the sole property of of Marea Informative. If you are viewing this article on another website, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The legal version of this article can be accessed at http://www.mareainformativa.com/diodes-incorporated-diod-cfo-richard-dallas-white-sells-14752-shares-of-stock/117960/.

A number of research analysts recently issued reports on the stock. Sidoti assumed coverage on shares of Diodes in a research note on Thursday, September 21st. They issued a “neutral” rating and a $32.00 price target for the company. Zacks Investment Research upgraded shares of Diodes from a “hold” rating to a “buy” rating and set a $30.00 price target for the company in a research note on Friday, August 11th. BidaskClub upgraded shares of Diodes from a “sell” rating to a “hold” rating in a research note on Monday, July 24th. Cleveland Research downgraded shares of Diodes from a “buy” rating to a “neutral” rating in a research report on Thursday, July 20th. Finally, Robert W. Baird restated an “outperform” rating and set a $30.00 price objective on shares of Diodes in a research report on Friday, June 9th. One investment 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. Diodes has an average rating of “Hold” and a consensus price target of $30.67.

Several institutional investors have recently added to or reduced their stakes in the company. Dynamic Technology Lab Private Ltd boosted its stake in shares of Diodes by 58.3% during the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 20,950 shares of the semiconductor company’s stock valued at $504,000 after buying an additional 7,714 shares during the last quarter. Sterling Capital Management LLC purchased a new position in shares of Diodes during the 2nd quarter valued at approximately $851,000. Arrowstreet Capital Limited Partnership boosted its stake in shares of Diodes by 324.7% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 125,700 shares of the semiconductor company’s stock valued at $3,021,000 after buying an additional 96,100 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new position in shares of Diodes during the 2nd quarter valued at approximately $587,000. Finally, State Street Corp boosted its stake in shares of Diodes by 4.8% during the 2nd quarter. State Street Corp now owns 1,022,899 shares of the semiconductor company’s stock valued at $24,572,000 after buying an additional 46,506 shares during the last quarter. Institutional investors own 73.74% of the company’s stock.

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)

Receive News & Stock Ratings for Diodes Incorporated Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diodes Incorporated and related stocks with our FREE daily email newsletter.