Diodes Incorporated (NASDAQ:DIOD) CEO Keh Shew Lu sold 2,000 shares of the company’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $46.77, for a total value of $93,540.00. Following the transaction, the chief executive officer now directly owns 579,359 shares in the company, valued at $27,096,620.43. The sale was disclosed in a filing with the SEC, which is available through this link.

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

  • On Monday, November 25th, Keh Shew Lu sold 12,000 shares of Diodes stock. The shares were sold at an average price of $46.23, for a total value of $554,760.00.

NASDAQ:DIOD traded up $0.17 during mid-day trading on Monday, hitting $46.31. 332,900 shares of the company’s stock traded hands, compared to its average volume of 401,240. The company has a fifty day moving average of $44.73 and a 200 day moving average of $38.96. Diodes Incorporated has a twelve month low of $29.88 and a twelve month high of $49.36. The company has a market capitalization of $2.36 billion, a P/E ratio of 19.46 and a beta of 1.28. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.79 and a current ratio of 2.56.

Diodes (NASDAQ:DIOD) last announced its earnings results on Monday, November 4th. The semiconductor company reported $0.81 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.03. Diodes had a return on equity of 14.60% and a net margin of 10.74%. The company had revenue of $323.67 million for the quarter, compared to analyst estimates of $322.90 million. During the same period in the prior year, the company posted $0.68 EPS. The firm’s quarterly revenue was up .8% compared to the same quarter last year. On average, research analysts expect that Diodes Incorporated will post 2.9 earnings per share for the current fiscal year.

Several research analysts recently issued reports on the company. Zacks Investment Research raised Diodes from a “hold” rating to a “buy” rating and set a $51.00 target price on the stock in a research report on Thursday, November 7th. Wells Fargo & Co assumed coverage on Diodes in a research report on Monday, August 19th. They set an “outperform” rating and a $55.00 target price on the stock. Finally, BidaskClub lowered Diodes from a “strong-buy” rating to a “buy” rating in a research report on Friday, November 8th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $53.00.

Several hedge funds have recently made changes to their positions in DIOD. First Trust Advisors LP increased its holdings in shares of Diodes by 91.2% in the first quarter. First Trust Advisors LP now owns 110,769 shares of the semiconductor company’s stock valued at $3,844,000 after purchasing an additional 52,849 shares during the period. Oregon Public Employees Retirement Fund increased its holdings in shares of Diodes by 2.0% in the second quarter. Oregon Public Employees Retirement Fund now owns 15,666 shares of the semiconductor company’s stock valued at $570,000 after purchasing an additional 300 shares during the period. Quantitative Systematic Strategies LLC acquired a new position in shares of Diodes in the second quarter valued at about $274,000. Bridge City Capital LLC increased its holdings in shares of Diodes by 0.5% in the second quarter. Bridge City Capital LLC now owns 49,430 shares of the semiconductor company’s stock valued at $1,798,000 after purchasing an additional 243 shares during the period. Finally, Virginia Retirement Systems ET AL acquired a new position in shares of Diodes in the second quarter valued at about $258,000. 83.67% of the stock is currently owned by institutional investors and hedge funds.

Diodes Company Profile

Diodes Incorporated, together with its subsidiaries, designs, manufactures, and supplies application-specific standard products in the discrete, logic, and analog and mixed-signal semiconductor markets in Asia, North America, and Europe. It primarily focuses on low pin count semiconductor devices with one or more active or passive components.

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Insider Buying and Selling by Quarter for Diodes (NASDAQ:DIOD)

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