Diodes Incorporated (NASDAQ:DIOD) VP Emily Yang Sells 497 Shares

Diodes Incorporated (NASDAQ:DIOD) VP Emily Yang sold 497 shares of the company’s stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $42.00, for a total value of $20,874.00. Following the completion of the transaction, the vice president now owns 45,790 shares in the company, valued at approximately $1,923,180. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 shares were sold at an average price of $40.71, for a total value of $70,469.01.

Diodes stock traded down $0.24 during trading on Wednesday, hitting $42.36. The stock had a trading volume of 6,146 shares, compared to its average volume of 302,651. Diodes Incorporated has a 1 year low of $27.38 and a 1 year high of $44.27. The company has a quick ratio of 1.94, a current ratio of 2.75 and a debt-to-equity ratio of 0.14. The stock’s 50 day moving average is $39.33 and its two-hundred day moving average is $37.19. The stock has a market cap of $2.17 billion, a price-to-earnings ratio of 17.78 and a beta of 1.28.

Diodes (NASDAQ:DIOD) last posted its earnings results on Monday, August 5th. The semiconductor company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.02. The firm had revenue of $322.00 million for the quarter, compared to the consensus estimate of $320.20 million. Diodes had a return on equity of 14.32% and a net margin of 10.19%. The business’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.58 earnings per share. As a group, equities research analysts anticipate that Diodes Incorporated will post 2.85 EPS for the current fiscal year.

Several equities analysts recently commented on the company. ValuEngine downgraded Diodes from a “buy” rating to a “hold” rating in a research note on Friday, August 2nd. BidaskClub upgraded Diodes from a “buy” rating to a “strong-buy” rating in a research note on Wednesday. Wells Fargo & Co assumed coverage on Diodes in a research note on Monday, August 19th. They issued an “outperform” rating and a $55.00 price objective on the stock. Finally, Zacks Investment Research downgraded Diodes from a “buy” rating to a “hold” rating in a research note on Tuesday, October 8th. Four investment analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $49.00.

Large investors have recently bought and sold shares of the business. AQR Capital Management LLC lifted its position in shares of Diodes by 85.1% during the second quarter. AQR Capital Management LLC now owns 46,951 shares of the semiconductor company’s stock worth $1,708,000 after acquiring an additional 21,581 shares in the last quarter. RMB Capital Management LLC purchased a new stake in shares of Diodes during the second quarter worth $578,000. Lavaca Capital LLC purchased a new stake in shares of Diodes during the second quarter worth $244,000. Envestnet Asset Management Inc. lifted its position in shares of Diodes by 17.7% during the second quarter. Envestnet Asset Management Inc. now owns 28,554 shares of the semiconductor company’s stock worth $1,038,000 after acquiring an additional 4,296 shares in the last quarter. Finally, Riverhead Capital Management LLC lifted its position in shares of Diodes by 11.5% during the second quarter. Riverhead Capital Management LLC now owns 3,869 shares of the semiconductor company’s stock worth $141,000 after acquiring an additional 400 shares in the last quarter. Hedge funds and other institutional investors own 80.67% of the company’s stock.

About Diodes

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.

Further Reading: S&P 500 Index

Insider Buying and Selling by Quarter for Diodes (NASDAQ:DIOD)

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