Emily Yang Sells 2,000 Shares of Diodes (NASDAQ:DIOD) Stock

Diodes Incorporated (NASDAQ:DIOD) SVP Emily Yang sold 2,000 shares of Diodes stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $96.81, for a total value of $193,620.00. Following the completion of the sale, the senior vice president directly owned 66,878 shares in the company, valued at approximately $6,474,459.18. This represents a 2.90% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Emily Yang also recently made the following trade(s):

• On Friday, May 15th, Emily Yang sold 2,000 shares of Diodes stock. The shares were sold at an average price of $101.47, for a total value of $202,940.00.

Diodes Stock Down 0.8%

Shares of NASDAQ:DIOD traded down $0.76 during midday trading on Thursday, reaching $96.40. The company had a trading volume of 317,144 shares, compared to its average volume of 515,840. Diodes Incorporated has a 1-year low of $42.28 and a 1-year high of $117.80. The company has a quick ratio of 1.97, a current ratio of 3.17 and a debt-to-equity ratio of 0.01. The stock has a market cap of $4.43 billion, a PE ratio of 52.32 and a beta of 1.93. The business’s 50 day moving average price is $85.65 and its 200 day moving average price is $66.07.

Diodes (NASDAQ:DIOD) last posted its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.08. Diodes had a return on equity of 3.48% and a net margin of 5.50%.The business had revenue of $405.47 million during the quarter, compared to analysts’ expectations of $396.33 million. During the same quarter last year, the company posted $0.19 earnings per share. Diodes’s quarterly revenue was up 22.1% on a year-over-year basis. Research analysts forecast that Diodes Incorporated will post 2.58 EPS for the current fiscal year.

Analysts Set New Price Targets

DIOD has been the subject of a number of research analyst reports. Zacks Research upgraded Diodes from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. Weiss Ratings upgraded Diodes from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, January 21st. Truist Financial lifted their price target on Diodes from $98.00 to $139.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Wall Street Zen upgraded Diodes from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. Finally, Robert W. Baird set a $120.00 price objective on Diodes in a report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $113.00.

Institutional Investors Weigh In On Diodes

A number of institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of Diodes by 2.8% during the fourth quarter. Vanguard Group Inc. now owns 6,154,859 shares of the semiconductor company’s stock worth $303,681,000 after acquiring an additional 166,603 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of Diodes by 2.3% in the first quarter. Dimensional Fund Advisors LP now owns 2,436,359 shares of the semiconductor company’s stock valued at $166,294,000 after buying an additional 53,934 shares during the period. Geode Capital Management LLC boosted its stake in shares of Diodes by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 1,350,436 shares of the semiconductor company’s stock valued at $66,640,000 after buying an additional 11,799 shares during the period. Global Alpha Capital Management Ltd. boosted its stake in shares of Diodes by 1.6% in the fourth quarter. Global Alpha Capital Management Ltd. now owns 855,090 shares of the semiconductor company’s stock valued at $42,190,000 after buying an additional 13,420 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Diodes by 2.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 797,316 shares of the semiconductor company’s stock valued at $39,340,000 after buying an additional 17,506 shares during the period. Institutional investors own 99.23% of the company’s stock.

About Diodes

Diodes Incorporated (NASDAQ: DIOD) is a global manufacturer and supplier of high‐performance discrete, logic, analog and mixed‐signal semiconductor products. Headquartered in Plano, Texas, the company designs and develops a broad range of discrete components, standard logic functions, power management circuits, interface products and array products. Its portfolio includes rectifiers, MOSFETs, general‐purpose diodes, voltage regulators, comparators, buffers and other building blocks for electronic systems.

Diodes Incorporated serves a variety of end markets such as automotive, computing, communications, consumer electronics, industrial and lighting.