Diodes Incorporated (NASDAQ:DIOD) SVP Emily Yang Sells 950 Shares

Diodes Incorporated (NASDAQ:DIOD) SVP Emily Yang sold 950 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $56.04, for a total value of $53,238.00. Following the completion of the transaction, the senior vice president now directly owns 65,107 shares of the company’s stock, valued at $3,648,596.28. This represents a 1.44 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Diodes Price Performance

DIOD opened at $58.56 on Thursday. The firm’s fifty day moving average price is $61.97 and its two-hundred day moving average price is $63.63. The company has a market capitalization of $2.71 billion, a price-to-earnings ratio of 44.36 and a beta of 1.31. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.58 and a quick ratio of 2.21. Diodes Incorporated has a 1 year low of $52.71 and a 1 year high of $86.74.

Diodes (NASDAQ:DIOD) last released its earnings results on Thursday, November 7th. The semiconductor company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.04. The company had revenue of $350.08 million during the quarter, compared to analyst estimates of $346.30 million. Diodes had a return on equity of 3.90% and a net margin of 4.72%. During the same period in the prior year, the company posted $1.13 earnings per share. As a group, analysts anticipate that Diodes Incorporated will post 1.35 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of DIOD. Truvestments Capital LLC bought a new stake in shares of Diodes during the 3rd quarter worth $29,000. GAMMA Investing LLC boosted its position in Diodes by 68.9% during the third quarter. GAMMA Investing LLC now owns 765 shares of the semiconductor company’s stock worth $49,000 after purchasing an additional 312 shares during the period. Smartleaf Asset Management LLC grew its position in shares of Diodes by 198.5% in the fourth quarter. Smartleaf Asset Management LLC now owns 785 shares of the semiconductor company’s stock valued at $48,000 after purchasing an additional 522 shares in the last quarter. KBC Group NV lifted its holdings in Diodes by 33.9% during the 3rd quarter. KBC Group NV now owns 1,454 shares of the semiconductor company’s stock worth $93,000 after purchasing an additional 368 shares in the last quarter. Finally, Quest Partners LLC bought a new position in Diodes in the 3rd quarter worth about $184,000. Institutional investors own 99.23% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on DIOD shares. Benchmark cut their price target on shares of Diodes from $83.00 to $75.00 and set a “buy” rating on the stock in a report on Monday, November 11th. StockNews.com upgraded shares of Diodes from a “sell” rating to a “hold” rating in a research report on Monday, November 11th. Finally, Truist Financial decreased their price objective on shares of Diodes from $69.00 to $62.00 and set a “hold” rating for the company in a research report on Friday, November 8th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $72.80.

Diodes Company Profile

Diodes Incorporated, together with its subsidiaries, manufactures and supplies application-specific standard products in the broad discrete, logic, analog, and mixed-signal semiconductor markets worldwide. The company offers discrete semiconductor products, such as MOSFETs, SiC MOSFETs; data line protection, power line protection, thyristers, USB Type-C protection, and transient voltage suppressors; Schottky, small signal switching, Zener, and SiC diodes; bridges, super barrier, Schottky, Schottky bridge, and fast/ultra-fast rectifiers; and bipolar, avalanche, gate driver, and pre-bias transistors.