Diodes Incorporated (NASDAQ:DIOD) major shareholder Semiconductor Corp Lite-On sold 26,153 shares of the stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $31.19, for a total value of $815,712.07. Following the sale, the insider now directly owns 7,822,912 shares in the company, valued at $243,996,625.28. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Semiconductor Corp Lite-On also recently made the following trade(s):

  • On Thursday, November 16th, Semiconductor Corp Lite-On sold 20,000 shares of Diodes stock. The stock was sold at an average price of $30.87, for a total value of $617,400.00.
  • On Friday, November 10th, Semiconductor Corp Lite-On sold 1,379 shares of Diodes stock. The stock was sold at an average price of $32.00, for a total value of $44,128.00.
  • On Wednesday, August 30th, Semiconductor Corp Lite-On sold 20,000 shares of Diodes stock. The stock was sold at an average price of $27.03, for a total value of $540,600.00.
  • On Thursday, August 31st, Semiconductor Corp Lite-On sold 30,000 shares of Diodes stock. The stock was sold at an average price of $27.28, for a total value of $818,400.00.
  • On Friday, August 25th, Semiconductor Corp Lite-On sold 1,184 shares of Diodes stock. The stock was sold at an average price of $27.01, for a total value of $31,979.84.
  • On Wednesday, August 23rd, Semiconductor Corp Lite-On sold 20,000 shares of Diodes stock. The stock was sold at an average price of $26.62, for a total value of $532,400.00.
  • On Thursday, August 24th, Semiconductor Corp Lite-On sold 30,000 shares of Diodes stock. The stock was sold at an average price of $26.72, for a total value of $801,600.00.

Shares of Diodes Incorporated (NASDAQ:DIOD) traded down $0.01 during mid-day trading on Tuesday, hitting $31.31. The company had a trading volume of 440,179 shares, compared to its average volume of 242,561. The company has a current ratio of 3.12, a quick ratio of 2.18 and a debt-to-equity ratio of 0.34. Diodes Incorporated has a twelve month low of $22.06 and a twelve month high of $35.36. The company has a market cap of $1,520.00, a P/E ratio of 28.13 and a beta of 1.23.

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

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Several analysts have recently issued reports on the company. Benchmark Co. lowered Diodes from a “buy” rating to a “hold” rating in a report on Monday, October 30th. Robert W. Baird restated a “buy” rating and set a $37.00 price objective on shares of Diodes in a research report on Tuesday, October 17th. Zacks Investment Research upgraded Diodes from a “hold” rating to a “strong-buy” rating and set a $38.00 price objective for the company in a research report on Tuesday, October 17th. ValuEngine downgraded Diodes from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. Finally, Sidoti started coverage on Diodes in a research report on Thursday, September 21st. They set a “neutral” rating and a $32.00 price objective for the company. One analyst has rated the stock with a sell rating, five have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. Diodes presently has an average rating of “Hold” and a consensus target price of $35.67.

A number of institutional investors have recently bought and sold shares of DIOD. Teachers Advisors LLC raised its position in Diodes by 3.2% in the first quarter. Teachers Advisors LLC now owns 64,307 shares of the semiconductor company’s stock valued at $1,547,000 after purchasing an additional 2,004 shares during the last quarter. Vanguard Group Inc. raised its position in Diodes by 5.2% in the first quarter. Vanguard Group Inc. now owns 3,356,058 shares of the semiconductor company’s stock valued at $80,713,000 after purchasing an additional 165,243 shares during the last quarter. Geode Capital Management LLC raised its position in Diodes by 9.8% in the first quarter. Geode Capital Management LLC now owns 331,400 shares of the semiconductor company’s stock valued at $7,970,000 after purchasing an additional 29,676 shares during the last quarter. Morgan Stanley raised its position in Diodes by 3.2% in 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 during the last quarter. Finally, BlackRock Inc. raised its position in Diodes by 50,610.4% in the first quarter. BlackRock Inc. now owns 4,634,934 shares of the semiconductor company’s stock valued at $111,471,000 after purchasing an additional 4,625,794 shares during the last quarter. Hedge funds and other institutional investors own 74.18% 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)

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