Diodes Incorporated (NASDAQ:DIOD) major shareholder Semiconductor Corp Lite-On sold 30,000 shares of the stock in a transaction on Thursday, August 24th. The stock was sold at an average price of $26.72, for a total transaction of $801,600.00. Following the transaction, the insider now owns 7,890,475 shares of the company’s stock, valued at approximately $210,833,492. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own 10% or more 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 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 transaction of $532,400.00.
  • 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 transaction 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 transaction 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 transaction of $3,131,832.55.

Shares of Diodes Incorporated (DIOD) opened at 26.63 on Monday. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of 50.44 and a beta of 1.22. Diodes Incorporated has a 52-week low of $19.53 and a 52-week high of $27.51. The firm’s 50-day moving average is $26.30 and its 200 day moving average is $25.05.

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

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Several large investors have recently added to or reduced their stakes in 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 valued at $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 valued at $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 valued at $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 valued at $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 valued at $18,679,000 after buying an additional 21,697 shares during the period. 73.94% of the stock is currently owned by institutional investors.

DIOD has been the topic of several analyst reports. Cleveland Research lowered shares of Diodes from a “buy” rating to a “neutral” rating in a research report on Thursday, July 20th. Zacks Investment Research raised shares of 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. BidaskClub lowered shares of Diodes from a “hold” rating to a “sell” rating in a research report on Wednesday, July 5th. Finally, Robert W. Baird reaffirmed an “outperform” rating and set a $30.00 price target on shares of Diodes in a research report on Friday, June 9th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. Diodes presently has an average rating of “Hold” and a consensus price target of $30.00.

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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