Diodes Incorporated (NASDAQ:DIOD) SVP Sells $53,238.00 in Stock

Diodes Incorporated (NASDAQ:DIOD) SVP Emily Yang sold 950 shares of the company’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $56.04, for a total transaction of $53,238.00. Following the transaction, the senior vice president now owns 65,107 shares in the company, valued at $3,648,596.28. This represents a 1.44 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Diodes Stock Performance

Shares of NASDAQ DIOD opened at $55.24 on Friday. The company has a current ratio of 3.58, a quick ratio of 2.21 and a debt-to-equity ratio of 0.01. Diodes Incorporated has a 12-month low of $52.71 and a 12-month high of $86.74. The firm has a market capitalization of $2.56 billion, a price-to-earnings ratio of 41.85 and a beta of 1.31. The firm has a 50 day moving average of $61.63 and a 200 day moving average of $63.39.

Diodes (NASDAQ:DIOD) last posted its quarterly earnings data on Thursday, November 7th. The semiconductor company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.39 by $0.04. The firm had revenue of $350.08 million during the quarter, compared to analyst estimates of $346.30 million. Diodes had a return on equity of 3.90% and a net margin of 4.72%. During the same period in the prior year, the business posted $1.13 EPS. On average, research analysts anticipate that Diodes Incorporated will post 1.35 earnings per share for the current year.

Institutional Trading of Diodes

Hedge funds and other institutional investors have recently bought and sold shares of the stock. FMR LLC grew its stake in shares of Diodes by 19.6% during the 3rd quarter. FMR LLC now owns 5,785,134 shares of the semiconductor company’s stock valued at $370,769,000 after acquiring an additional 947,118 shares during the period. Victory Capital Management Inc. lifted its holdings in Diodes by 9.4% during the fourth quarter. Victory Capital Management Inc. now owns 1,907,509 shares of the semiconductor company’s stock valued at $117,636,000 after purchasing an additional 163,374 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Diodes by 3.6% in the third quarter. Geode Capital Management LLC now owns 1,266,052 shares of the semiconductor company’s stock worth $81,154,000 after purchasing an additional 43,841 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Diodes by 9.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 687,245 shares of the semiconductor company’s stock worth $42,382,000 after purchasing an additional 61,139 shares in the last quarter. Finally, Tributary Capital Management LLC raised its position in shares of Diodes by 9.5% during the 3rd quarter. Tributary Capital Management LLC now owns 291,037 shares of the semiconductor company’s stock valued at $18,653,000 after purchasing an additional 25,259 shares during the period. Hedge funds and other institutional investors own 99.23% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. StockNews.com upgraded shares of Diodes from a “sell” rating to a “hold” rating in a research report on Monday, November 11th. Benchmark lowered their price target on Diodes from $83.00 to $75.00 and set a “buy” rating on the stock in a report on Monday, November 11th. Finally, Truist Financial cut their price objective on Diodes from $69.00 to $62.00 and set a “hold” rating for the company in a report on Friday, November 8th.

About Diodes

Diodes Incorporated, together with its subsidiaries, manufactures and supplies application-specific standard products in the broad discrete, logic, analog, and mixed-signal semiconductor markets worldwide. The company offers discrete semiconductor products, such as MOSFETs, SiC MOSFETs; data line protection, power line protection, thyristers, USB Type-C protection, and transient voltage suppressors; Schottky, small signal switching, Zener, and SiC diodes; bridges, super barrier, Schottky, Schottky bridge, and fast/ultra-fast rectifiers; and bipolar, avalanche, gate driver, and pre-bias transistors.