Diodes Incorporated (NASDAQ:DIOD) major shareholder Semiconductor Corp Lite-On sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 30th. The stock was sold at an average price of $27.03, for a total value of $540,600.00. Following the transaction, the insider now directly owns 7,869,291 shares in the company, valued at approximately $212,706,935.73. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

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

  • 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.
  • On Tuesday, August 22nd, Semiconductor Corp Lite-On sold 21,193 shares of Diodes stock. The stock was sold at an average price of $26.51, for a total value of $561,826.43.
  • On Friday, August 18th, Semiconductor Corp Lite-On sold 17,901 shares of Diodes stock. The stock was sold at an average price of $26.67, for a total value of $477,419.67.
  • On Wednesday, August 16th, Semiconductor Corp Lite-On sold 116,209 shares of Diodes stock. The stock was sold at an average price of $26.95, for a total value of $3,131,832.55.

Diodes Incorporated (NASDAQ DIOD) traded up 1.31% during trading on Friday, hitting $28.51. The stock had a trading volume of 300,937 shares. The firm has a market capitalization of $1.40 billion, a PE ratio of 54.00 and a beta of 1.22. Diodes Incorporated has a 1-year low of $19.53 and a 1-year high of $28.87. The firm has a 50 day moving average price of $26.57 and a 200-day moving average price of $25.13.

Diodes (NASDAQ:DIOD) last posted its quarterly earnings results on Tuesday, August 8th. The semiconductor company reported $0.36 EPS for the quarter, hitting analysts’ consensus estimates of $0.36. The company had revenue of $264.20 million for the quarter, compared to analysts’ expectations of $261.15 million. Diodes had a net margin of 2.68% and a return on equity of 5.64%. Diodes’s revenue was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.20 EPS. On average, equities research analysts expect that Diodes Incorporated will post $1.28 EPS for the current year.

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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 $29.00 price target on the stock in a research report on Friday, May 12th. Robert W. Baird reaffirmed an “outperform” rating and issued a $30.00 target price on shares of Diodes in a research report on Friday, June 9th. BidaskClub downgraded Diodes from a “hold” rating to a “sell” rating in a research report on Wednesday, July 5th. Finally, Cleveland Research downgraded Diodes from a “buy” rating to a “neutral” rating in a research report on Thursday, July 20th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $30.00.

Several large investors have recently bought and sold shares of DIOD. BlackRock Inc. boosted its stake in Diodes by 50,610.4% in the first 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. Vanguard Group Inc. boosted its stake in Diodes by 5.2% in the first 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. Dimensional Fund Advisors LP boosted its stake in Diodes by 8.8% in the second quarter. Dimensional Fund Advisors LP now owns 3,247,902 shares of the semiconductor company’s stock worth $78,048,000 after buying an additional 261,522 shares during the period. State Street Corp boosted its stake in Diodes by 4.8% in the second 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 boosted its stake in Diodes by 2.9% in the second 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. 73.94% of the stock is currently 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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