Diodes Incorporated (NASDAQ:DIOD) VP Shiao Kwang Edmund Tang sold 27,877 shares of the firm’s stock in a transaction on Tuesday, October 3rd. The shares were sold at an average price of $30.29, for a total value of $844,394.33. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of Diodes Incorporated (NASDAQ:DIOD) traded up 0.10% on Wednesday, hitting $30.93. The stock had a trading volume of 314,133 shares. Diodes Incorporated has a 12-month low of $19.64 and a 12-month high of $30.95. The firm has a market cap of $1.52 billion, a P/E ratio of 58.58 and a beta of 1.26. The company’s 50-day moving average price is $27.94 and its 200 day moving average price is $25.73.

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

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A number of research analysts have recently weighed in on the company. BidaskClub upgraded Diodes from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Robert W. Baird restated an “outperform” rating and issued a $30.00 price target on shares of Diodes in a research report on Friday, June 9th. Sidoti assumed coverage on Diodes in a research report on Thursday, September 21st. They issued a “neutral” rating and a $32.00 price target for the company. Cleveland Research cut Diodes from a “buy” rating to a “neutral” rating in a research report on Thursday, July 20th. Finally, Zacks Investment Research cut Diodes from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $30.67.

Several institutional investors have recently made changes to their positions in DIOD. State of Alaska Department of Revenue lifted its holdings in shares of Diodes by 79.1% in the second quarter. State of Alaska Department of Revenue now owns 7,542 shares of the semiconductor company’s stock valued at $181,000 after buying an additional 3,332 shares during the period. Public Employees Retirement System of Ohio lifted its holdings in shares of Diodes by 10.1% in 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 buying an additional 800 shares during the period. Mason Street Advisors LLC lifted its holdings in shares of Diodes by 5.7% in the first quarter. Mason Street Advisors LLC now owns 8,923 shares of the semiconductor company’s stock valued at $215,000 after buying an additional 481 shares during the period. Virtu KCG Holdings LLC lifted its holdings in shares of Diodes by 8.0% in the second quarter. Virtu KCG Holdings LLC now owns 10,997 shares of the semiconductor company’s stock valued at $264,000 after buying an additional 815 shares during the period. Finally, Chicago Equity Partners LLC acquired a new stake in shares of Diodes in the second quarter valued at $265,000. Institutional investors and hedge funds own 73.74% of the company’s stock.

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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