Diodes Incorporated (NASDAQ:DIOD) VP Emily Yang sold 497 shares of the business’s stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $42.00, for a total value of $20,874.00. Following the completion of the sale, the vice president now owns 45,790 shares of the company’s stock, valued at $1,923,180. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Emily Yang also recently made the following trade(s):
- On Friday, September 13th, Emily Yang sold 1,731 shares of Diodes stock. The stock was sold at an average price of $40.71, for a total value of $70,469.01.
NASDAQ:DIOD traded down $0.24 during trading hours on Wednesday, reaching $42.36. The company had a trading volume of 6,146 shares, compared to its average volume of 302,651. The stock has a 50-day moving average of $39.33 and a two-hundred day moving average of $37.19. Diodes Incorporated has a one year low of $27.38 and a one year high of $44.27. The firm has a market capitalization of $2.17 billion, a PE ratio of 17.78 and a beta of 1.28. The company has a quick ratio of 1.94, a current ratio of 2.75 and a debt-to-equity ratio of 0.14.
Diodes (NASDAQ:DIOD) last announced its quarterly earnings results on Monday, August 5th. The semiconductor company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.02. Diodes had a return on equity of 14.32% and a net margin of 10.19%. The firm had revenue of $322.00 million for the quarter, compared to analysts’ expectations of $320.20 million. During the same period in the prior year, the business posted $0.58 earnings per share. The business’s revenue was up 5.9% compared to the same quarter last year. As a group, sell-side analysts expect that Diodes Incorporated will post 2.85 earnings per share for the current year.
DIOD has been the topic of a number of research reports. ValuEngine cut Diodes from a “buy” rating to a “hold” rating in a research report on Friday, August 2nd. Zacks Investment Research cut Diodes from a “buy” rating to a “hold” rating in a research report on Tuesday, October 8th. BidaskClub upgraded Diodes from a “buy” rating to a “strong-buy” rating in a research report on Wednesday. Finally, Wells Fargo & Co assumed coverage on Diodes in a research report on Monday, August 19th. They issued an “outperform” rating and a $55.00 price target on the stock. Four analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. Diodes presently has an average rating of “Buy” and a consensus target price of $49.00.
A number of large investors have recently made changes to their positions in DIOD. Marshall Wace LLP bought a new stake in Diodes in the first quarter valued at $8,821,000. Marshall Wace North America L.P. boosted its stake in Diodes by 1,972.4% in the first quarter. Marshall Wace North America L.P. now owns 22,568 shares of the semiconductor company’s stock worth $783,000 after purchasing an additional 21,479 shares in the last quarter. First Trust Advisors LP boosted its stake in Diodes by 91.2% in the first quarter. First Trust Advisors LP now owns 110,769 shares of the semiconductor company’s stock worth $3,844,000 after purchasing an additional 52,849 shares in the last quarter. Zions Bancorporation N.A. acquired a new position in Diodes in the second quarter worth $234,000. Finally, Clark Capital Management Group Inc. acquired a new position in Diodes in the second quarter worth $2,490,000. Hedge funds and other institutional investors own 80.67% of the company’s stock.
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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