Diodes Incorporated (NASDAQ:DIOD) VP Clemente Beltran sold 17,688 shares of the company’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $30.00, for a total transaction of $530,640.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Diodes Incorporated (NASDAQ DIOD) traded down 0.39% during mid-day trading on Thursday, reaching $30.81. 159,135 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $28.04 and its 200 day moving average price is $25.77. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 58.35 and a beta of 1.26. Diodes Incorporated has a one year low of $19.64 and a one year high of $31.00.

Diodes (NASDAQ:DIOD) last issued its quarterly earnings data on Tuesday, August 8th. The semiconductor company reported $0.36 EPS for the quarter, hitting analysts’ consensus estimates of $0.36. Diodes had a net margin of 2.68% and a return on equity of 5.64%. The business had revenue of $264.20 million during the quarter, compared to analysts’ expectations of $261.15 million. During the same period last year, the company posted $0.20 EPS. The business’s revenue was up 11.8% on a year-over-year basis. On average, equities analysts forecast that Diodes Incorporated will post $1.28 EPS for the current year.

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Large investors have recently modified their holdings of the business. Bank of America Corp DE grew its stake in shares of Diodes by 27.7% in the 1st quarter. Bank of America Corp DE now owns 167,123 shares of the semiconductor company’s stock worth $4,020,000 after buying an additional 36,263 shares in the last quarter. AJO LP purchased a new position in shares of Diodes during the 2nd quarter worth about $1,044,000. Capital Fund Management S.A. purchased a new position in shares of Diodes during the 2nd quarter worth about $718,000. Russell Investments Group Ltd. boosted its stake in shares of Diodes by 75.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 61,043 shares of the semiconductor company’s stock worth $1,467,000 after purchasing an additional 26,306 shares during the period. Finally, Morgan Stanley boosted its stake in shares of Diodes by 3.2% during the 1st 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 period. 73.74% of the stock is owned by institutional investors and hedge funds.

Several analysts have issued reports on DIOD shares. 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 report on Friday, August 11th. Sidoti started coverage on shares of Diodes in a research report on Thursday, September 21st. They set a “neutral” rating and a $32.00 price target for the company. Cleveland Research lowered shares of Diodes from a “buy” rating to a “neutral” rating in a research report on Thursday, July 20th. BidaskClub lowered shares of Diodes from a “hold” rating to a “sell” rating in a research report on Wednesday, July 5th. Finally, Robert W. Baird restated an “outperform” rating and set a $30.00 price target 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 issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $30.67.

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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