Diodes (NASDAQ:DIOD) SVP Sells $330,240.00 in Stock

Diodes Incorporated (NASDAQ:DIOD) SVP Emily Yang sold 3,000 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $110.08, for a total transaction of $330,240.00. Following the sale, the senior vice president directly owned 61,878 shares of the company’s stock, valued at $6,811,530.24. This represents a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

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

• On Tuesday, May 26th, Emily Yang sold 2,000 shares of Diodes stock. The shares were sold at an average price of $107.52, for a total transaction of $215,040.00.
• On Wednesday, May 20th, Emily Yang sold 2,000 shares of Diodes stock. The shares were sold at an average price of $96.81, for a total transaction of $193,620.00.
• 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 transaction of $202,940.00.

Diodes Price Performance

DIOD stock opened at $105.32 on Friday. The company has a current ratio of 3.17, a quick ratio of 1.97 and a debt-to-equity ratio of 0.01. Diodes Incorporated has a one year low of $42.28 and a one year high of $117.80. The firm has a market capitalization of $4.84 billion, a PE ratio of 57.24 and a beta of 1.93. The firm has a 50-day moving average of $91.18 and a two-hundred day moving average of $68.56.

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

Institutional Trading of Diodes

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

Analyst Upgrades and Downgrades

DIOD has been the subject of a number of research analyst reports. Robert W. Baird set a $120.00 price target on shares of Diodes in a research report on Friday, May 8th. Wall Street Zen raised shares of Diodes from a “hold” rating to a “buy” rating in a research report on Saturday, February 14th. Benchmark increased their price target on shares of Diodes from $62.00 to $80.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Zacks Research raised shares of Diodes from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. Finally, Truist Financial increased their price target on shares of Diodes from $98.00 to $139.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. One investment 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’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $113.00.

Diodes Company Profile

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.