Diodes Incorporated (NASDAQ:DIOD) CEO Sells $539,327.00 in Stock

Diodes Incorporated (NASDAQ:DIODGet Rating) CEO Keh Shew Lu sold 6,026 shares of the firm’s stock in a transaction on Friday, November 18th. The shares were sold at an average price of $89.50, for a total value of $539,327.00. Following the transaction, the chief executive officer now directly owns 166,962 shares of the company’s stock, valued at approximately $14,943,099. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Keh Shew Lu also recently made the following trade(s):

  • On Tuesday, November 15th, Keh Shew Lu sold 28,678 shares of Diodes stock. The shares were sold at an average price of $85.27, for a total value of $2,445,373.06.
  • On Thursday, November 10th, Keh Shew Lu sold 1,000 shares of Diodes stock. The shares were sold at an average price of $81.00, for a total value of $81,000.00.

Diodes Price Performance

Shares of NASDAQ:DIOD opened at $90.22 on Friday. Diodes Incorporated has a fifty-two week low of $58.52 and a fifty-two week high of $113.39. The business has a 50-day simple moving average of $72.92 and a two-hundred day simple moving average of $72.71. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.76 and a current ratio of 2.50. The firm has a market cap of $4.10 billion, a price-to-earnings ratio of 13.57 and a beta of 1.29.

Hedge Funds Weigh In On Diodes

A number of hedge funds have recently bought and sold shares of DIOD. Signaturefd LLC raised its position in Diodes by 157.7% in the 1st quarter. Signaturefd LLC now owns 286 shares of the semiconductor company’s stock worth $25,000 after buying an additional 175 shares during the last quarter. Truvestments Capital LLC purchased a new position in Diodes in the 2nd quarter worth about $36,000. Quadrant Capital Group LLC raised its position in Diodes by 305.7% in the 1st quarter. Quadrant Capital Group LLC now owns 426 shares of the semiconductor company’s stock worth $37,000 after buying an additional 321 shares during the last quarter. Riverview Trust Co purchased a new position in Diodes in the 3rd quarter worth about $47,000. Finally, Archer Investment Corp purchased a new position in Diodes in the 1st quarter worth about $50,000. Hedge funds and other institutional investors own 95.57% of the company’s stock.

Wall Street Analyst Weigh In

DIOD has been the subject of several recent research reports. Robert W. Baird lowered their price objective on Diodes from $130.00 to $100.00 in a research report on Tuesday, November 8th. Benchmark lowered their price target on Diodes from $105.00 to $90.00 and set a “buy” rating for the company in a research report on Tuesday, November 8th. Wells Fargo & Company lifted their price target on Diodes from $70.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 8th. Cowen lifted their price target on Diodes to $95.00 in a research report on Tuesday, August 9th. Finally, StockNews.com raised Diodes from a “hold” rating to a “buy” rating in a research report on Tuesday, November 15th.

Diodes Company Profile

(Get Rating)

Diodes Incorporated designs, manufactures, and supplies application-specific standard products in the discrete, logic, analog, and mixed-signal semiconductor markets worldwide. It focuses on low pin count semiconductor devices with one or more active or passive components. The company offers discrete semiconductor products, such as MOSFET, TVS, and performance Schottky rectifiers; GPP bridges and retifiers, and performance Schottky diodes; Zener and performance Zener diodes, including tight tolerance and low operating current type; standard, fast, super-fast, and ultra-fast recovery rectifiers; bridge rectifiers; switching diodes; small signal bipolar and prebiased transistors; thyristor surge protection devices; and transient voltage suppressors.

Recommended Stories

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

Receive News & Ratings for Diodes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diodes and related companies with MarketBeat.com's FREE daily email newsletter.