Diodes Incorporated (NASDAQ:DIOD) SVP Mark A. King sold 10,169 shares of Diodes stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $31.80, for a total value of $323,374.20. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Diodes Incorporated (NASDAQ:DIOD) opened at $31.40 on Friday. The stock has a market capitalization of $1,504.42, a PE ratio of 27.69 and a beta of 1.23. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.12 and a quick ratio of 2.18. Diodes Incorporated has a 52 week low of $22.06 and a 52 week high of $35.36.

Diodes (NASDAQ:DIOD) last posted its quarterly earnings results on Tuesday, November 7th. The semiconductor company reported $0.45 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $281.66 million. During the same period in the prior year, the business earned $0.30 EPS. The firm’s revenue for the quarter was up 13.8% on a year-over-year basis. sell-side analysts predict that Diodes Incorporated will post 1.35 earnings per share for the current fiscal year.

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A number of hedge funds have recently bought and sold shares of the stock. BlackRock Inc. raised its stake in Diodes by 50,610.4% during the 1st quarter. BlackRock Inc. now owns 4,634,934 shares of the semiconductor company’s stock worth $111,471,000 after buying an additional 4,625,794 shares during the period. Dimensional Fund Advisors LP raised its stake in Diodes by 7.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,475,574 shares of the semiconductor company’s stock worth $104,023,000 after buying an additional 227,672 shares during the period. Vanguard Group Inc. raised its stake in Diodes by 5.2% during the 1st quarter. Vanguard Group Inc. now owns 3,356,058 shares of the semiconductor company’s stock worth $80,713,000 after buying an additional 165,243 shares during the period. State Street Corp raised its stake in Diodes by 4.8% during the 2nd quarter. State Street Corp now owns 1,022,899 shares of the semiconductor company’s stock worth $24,572,000 after buying an additional 46,506 shares during the period. Finally, Northern Trust Corp raised its stake in Diodes by 2.9% during the 2nd quarter. Northern Trust Corp now owns 777,284 shares of the semiconductor company’s stock worth $18,679,000 after buying an additional 21,697 shares during the period. 72.03% of the stock is currently owned by institutional investors and hedge funds.

DIOD has been the topic of a number of recent analyst reports. Zacks Investment Research raised Diodes from a “hold” rating to a “buy” rating and set a $30.00 price objective on the stock in a research note on Friday, August 11th. Sidoti initiated coverage on Diodes in a research note on Thursday, September 21st. They issued a “neutral” rating and a $32.00 price objective on the stock. Cleveland Research downgraded Diodes from a “buy” rating to a “neutral” rating in a research note on Thursday, July 20th. Benchmark Co. downgraded Diodes from a “buy” rating to a “hold” rating in a research note on Monday, October 30th. Finally, Robert W. Baird reissued a “buy” rating and issued a $37.00 price objective on shares of Diodes in a research note on Tuesday, October 17th. 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 issued a strong buy rating to the company’s stock. Diodes presently has an average rating of “Hold” and an average target price of $35.67.

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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