Diodes Incorporated (NASDAQ:DIOD) Director Sells $441,200.00 in Stock

Diodes Incorporated (NASDAQ:DIOD) Director C H. Chen sold 4,000 shares of the company’s stock in a transaction on Friday, November 19th. The shares were sold at an average price of $110.30, for a total transaction of $441,200.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

C H. Chen also recently made the following trade(s):

  • On Tuesday, September 7th, C H. Chen sold 50,000 shares of Diodes stock. The shares were sold at an average price of $96.65, for a total transaction of $4,832,500.00.

DIOD stock opened at $108.63 on Thursday. Diodes Incorporated has a one year low of $64.86 and a one year high of $113.98. The stock has a market capitalization of $4.89 billion, a PE ratio of 25.99 and a beta of 1.10. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.67 and a current ratio of 2.39. The company has a fifty day moving average of $96.86 and a 200-day moving average of $87.02.

Diodes (NASDAQ:DIOD) last released its earnings results on Wednesday, November 3rd. The semiconductor company reported $1.47 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.38 by $0.09. Diodes had a net margin of 11.52% and a return on equity of 18.16%. During the same period in the previous year, the firm posted $0.62 earnings per share. Equities analysts forecast that Diodes Incorporated will post 5.06 earnings per share for the current fiscal year.

A number of analysts recently weighed in on the stock. Zacks Investment Research decreased their price target on shares of Diodes to $110.00 in a research note on Monday, November 8th. Cowen increased their price target on shares of Diodes from $100.00 to $110.00 and gave the stock an “outperform” rating in a research note on Friday, August 6th. Finally, Wells Fargo & Company increased their price target on shares of Diodes from $87.00 to $100.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 4th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $103.00.

Several hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. increased its holdings in shares of Diodes by 2.2% in the 3rd quarter. BlackRock Inc. now owns 6,795,493 shares of the semiconductor company’s stock valued at $615,604,000 after purchasing an additional 146,995 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Diodes by 2.4% in the 2nd quarter. Vanguard Group Inc. now owns 4,720,382 shares of the semiconductor company’s stock valued at $376,545,000 after purchasing an additional 110,547 shares in the last quarter. State Street Corp increased its holdings in shares of Diodes by 3.7% in the 2nd quarter. State Street Corp now owns 1,645,196 shares of the semiconductor company’s stock valued at $131,237,000 after purchasing an additional 59,384 shares in the last quarter. LSV Asset Management increased its holdings in shares of Diodes by 177.1% in the 3rd quarter. LSV Asset Management now owns 1,331,371 shares of the semiconductor company’s stock valued at $120,608,000 after purchasing an additional 850,971 shares in the last quarter. Finally, Lord Abbett & CO. LLC increased its holdings in shares of Diodes by 10.5% in the 3rd quarter. Lord Abbett & CO. LLC now owns 1,059,784 shares of the semiconductor company’s stock valued at $96,006,000 after purchasing an additional 100,459 shares in the last quarter. Institutional investors own 90.77% of the company’s stock.

About Diodes

Diodes, Inc manufactures and supplies semiconductor products. It offers diodes, rectifiers, transistors, MOSFETs, protection devices, functional specific arrays, single gate, dual gate and standard logic, amplifiers and comparators, Hall-effect and temperature sensors. The firm operates through the following geographical segments: Asia, North America, and Europe.

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