Diodes Incorporated (NASDAQ:DIOD – Get Free Report) SVP Emily Yang sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $107.52, for a total transaction of $215,040.00. Following the transaction, the senior vice president directly owned 64,878 shares in the company, valued at approximately $6,975,682.56. The trade was a 2.99% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Emily Yang also recently made the following trade(s):
- On Wednesday, May 27th, Emily Yang sold 3,000 shares of Diodes stock. The shares were sold at an average price of $110.08, for a total transaction of $330,240.00.
- 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 Trading Up 0.7%
NASDAQ:DIOD opened at $109.89 on Friday. Diodes Incorporated has a 12 month low of $42.28 and a 12 month high of $117.80. The firm has a market cap of $5.05 billion, a price-to-earnings ratio of 59.72 and a beta of 1.93. 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 company’s 50 day moving average is $90.41 and its 200-day moving average is $68.30.
Institutional Investors Weigh In On Diodes
Several hedge funds and other institutional investors have recently modified their holdings of DIOD. EverSource Wealth Advisors LLC grew its stake in shares of Diodes by 77.4% in the second quarter. EverSource Wealth Advisors LLC now owns 470 shares of the semiconductor company’s stock worth $25,000 after acquiring an additional 205 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in Diodes by 51.4% during the fourth quarter. Farther Finance Advisors LLC now owns 589 shares of the semiconductor company’s stock worth $29,000 after buying an additional 200 shares in the last quarter. Geneos Wealth Management Inc. acquired a new stake in Diodes during the second quarter worth $30,000. MAI Capital Management boosted its stake in Diodes by 150.0% during the third quarter. MAI Capital Management now owns 685 shares of the semiconductor company’s stock worth $36,000 after buying an additional 411 shares in the last quarter. Finally, Quarry LP acquired a new stake in Diodes during the third quarter worth $39,000. Institutional investors and hedge funds own 99.23% of the company’s stock.
Trending Headlines about Diodes
Here are the key news stories impacting Diodes this week:
- Positive Sentiment: Diodes’ latest earnings report was solid, with the company beating EPS and revenue estimates and posting 22.1% year-over-year revenue growth, which supports the recent move higher in the stock.
- Neutral Sentiment: The stock has been trading near its 52-week high, reflecting strong momentum after the earnings beat and improved analyst sentiment.
- Negative Sentiment: Multiple insiders, including CEO Gary Yu, CTO Francis Tang, SVP Emily Yang, SVP Andy Tsong, and insider Jin Zhao, sold shares over the past few days. This cluster of sales may make investors question whether management sees limited near-term upside at current levels. Wave of Insider Stock Sales Sweeps Through Diodes’ Executive Ranks
- Negative Sentiment: Andy Tsong’s additional sale adds to the overall insider selling trend, reinforcing the cautious signal from executive activity. Andy Tsong Sells 1,582 Shares of Diodes (NASDAQ:DIOD) Stock
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on the stock. Zacks Research raised shares of Diodes from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. Wall Street Zen raised shares of Diodes from a “hold” rating to a “buy” rating in a research report on Saturday, February 14th. Robert W. Baird set a $120.00 price target on shares of Diodes in a research report on Friday, May 8th. Truist Financial lifted their price target on shares of Diodes from $98.00 to $139.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Finally, Benchmark lifted their price target on shares of Diodes from $62.00 to $80.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Diodes currently has a consensus rating of “Buy” and a consensus target price of $113.00.
View Our Latest Research Report on DIOD
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.
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