Diodes Incorporated (NASDAQ:DIOD) SVP Mark A. King sold 10,000 shares of the firm’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of $31.79, for a total value of $317,900.00. Following the completion of the sale, the senior vice president now directly owns 69,888 shares of the company’s stock, valued at $2,221,739.52. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Shares of Diodes Incorporated (DIOD) traded down $0.27 on Friday, hitting $28.21. The company’s stock had a trading volume of 286,578 shares, compared to its average volume of 245,716. Diodes Incorporated has a twelve month low of $22.06 and a twelve month high of $35.36. The firm has a market cap of $1,410.00, a P/E ratio of 25.77 and a beta of 1.15. The company has a quick ratio of 2.18, a current ratio of 3.12 and a debt-to-equity ratio of 0.34.

Diodes (NASDAQ:DIOD) last released 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. The business had revenue of $285.20 million during the quarter, compared to analysts’ expectations of $281.66 million. Diodes had a return on equity of 6.44% and a net margin of 2.96%. The company’s revenue was up 13.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.30 EPS. equities analysts expect that Diodes Incorporated will post 1.35 EPS for the current year.

DIOD has been the subject of a number of recent research reports. Zacks Investment Research raised Diodes from a “hold” rating to a “buy” rating and set a $30.00 target price for the company in a research note on Friday, August 11th. Robert W. Baird reaffirmed a “buy” rating and issued a $37.00 target price on shares of Diodes in a research note on Tuesday, October 17th. ValuEngine downgraded Diodes from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. Benchmark downgraded Diodes from a “buy” rating to a “hold” rating in a research note on Monday, October 30th. Finally, Sidoti initiated coverage on Diodes in a research note on Thursday, September 21st. They issued a “neutral” rating and a $32.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $35.67.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Teachers Advisors LLC grew its holdings in shares of Diodes by 6.3% during the 2nd quarter. Teachers Advisors LLC now owns 68,337 shares of the semiconductor company’s stock worth $1,642,000 after purchasing an additional 4,030 shares during the period. Prudential Financial Inc. grew its holdings in shares of Diodes by 30.8% during the 3rd quarter. Prudential Financial Inc. now owns 203,186 shares of the semiconductor company’s stock worth $6,081,000 after purchasing an additional 47,840 shares during the period. Northern Trust Corp grew its holdings in shares of 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 purchasing an additional 21,697 shares during the period. AJO LP purchased a new position in shares of Diodes during the 2nd quarter worth $1,044,000. Finally, Russell Investments Group Ltd. grew its holdings in shares of Diodes by 75.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 61,043 shares of the semiconductor company’s stock worth $1,467,000 after purchasing an additional 26,306 shares during the period. Institutional investors and hedge funds own 74.74% of the company’s stock.

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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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