Diodes Incorporated (NASDAQ:DIOD) CEO Keh Shew Lu sold 20,000 shares of Diodes stock in a transaction that occurred on Friday, October 13th. The shares were sold at an average price of $32.25, for a total value of $645,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Keh Shew Lu also recently made the following trade(s):

  • On Wednesday, October 11th, Keh Shew Lu sold 10,000 shares of Diodes stock. The shares were sold at an average price of $32.00, for a total value of $320,000.00.
  • On Tuesday, October 10th, Keh Shew Lu sold 69,983 shares of Diodes stock. The shares were sold at an average price of $31.20, for a total value of $2,183,469.60.
  • On Monday, October 2nd, Keh Shew Lu sold 49,428 shares of Diodes stock. The shares were sold at an average price of $30.15, for a total value of $1,490,254.20.
  • On Tuesday, October 3rd, Keh Shew Lu sold 69,084 shares of Diodes stock. The shares were sold at an average price of $30.30, for a total value of $2,093,245.20.

Shares of Diodes Incorporated (DIOD) traded up 2.92% during midday trading on Friday, reaching $32.83. The company had a trading volume of 327,939 shares. The stock’s 50 day moving average is $29.02 and its 200-day moving average is $26.15. The stock has a market capitalization of $1.61 billion, a PE ratio of 62.18 and a beta of 1.26. Diodes Incorporated has a 12-month low of $19.64 and a 12-month high of $33.02.

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

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DIOD has been the topic of a number of recent research reports. Zacks Investment Research raised Diodes from a “hold” rating to a “buy” rating and set a $30.00 target price on the stock in a research report on Friday, August 11th. Sidoti initiated coverage on Diodes in a research report on Thursday, September 21st. They issued a “neutral” rating and a $32.00 target price on the stock. Cleveland Research lowered Diodes from a “buy” rating to a “neutral” rating in a research report on Thursday, July 20th. Finally, BidaskClub lowered Diodes from a “hold” rating to a “sell” rating in a research report on Wednesday, July 5th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $30.67.

Several institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. increased its position in shares of Diodes by 50,610.4% during the first quarter. BlackRock Inc. now owns 4,634,934 shares of the semiconductor company’s stock valued at $111,471,000 after acquiring an additional 4,625,794 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Diodes by 5.2% during the first quarter. Vanguard Group Inc. now owns 3,356,058 shares of the semiconductor company’s stock valued at $80,713,000 after acquiring an additional 165,243 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Diodes by 8.8% during the second quarter. Dimensional Fund Advisors LP now owns 3,247,902 shares of the semiconductor company’s stock valued at $78,048,000 after acquiring an additional 261,522 shares during the last quarter. State Street Corp increased its position in shares of Diodes by 4.8% during the second quarter. State Street Corp now owns 1,022,899 shares of the semiconductor company’s stock valued at $24,572,000 after acquiring an additional 46,506 shares during the last quarter. Finally, Northern Trust Corp increased its position in shares of Diodes by 2.9% during the second quarter. Northern Trust Corp now owns 777,284 shares of the semiconductor company’s stock valued at $18,679,000 after acquiring an additional 21,697 shares during the last quarter. 73.74% of the stock is owned by institutional investors.

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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