Diodes Incorporated (NASDAQ:DIOD – Get Free Report) SVP Emily Yang sold 1,000 shares of the company’s stock in a transaction on Friday, August 30th. The shares were sold at an average price of $70.48, for a total transaction of $70,480.00. Following the completion of the transaction, the senior vice president now owns 59,820 shares of the company’s stock, valued at approximately $4,216,113.60. The sale was disclosed in a filing with the SEC, which is available at this link.
Emily Yang also recently made the following trade(s):
- On Monday, August 26th, Emily Yang sold 1,272 shares of Diodes stock. The shares were sold at an average price of $72.16, for a total transaction of $91,787.52.
Diodes Stock Performance
Shares of DIOD stock opened at $63.52 on Wednesday. The stock’s 50-day moving average price is $72.53 and its 200 day moving average price is $71.31. The company has a quick ratio of 2.10, a current ratio of 3.38 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $2.94 billion, a PE ratio of 17.31 and a beta of 1.35. Diodes Incorporated has a 52-week low of $58.96 and a 52-week high of $86.74.
Hedge Funds Weigh In On Diodes
Institutional investors have recently bought and sold shares of the company. GAMMA Investing LLC acquired a new stake in shares of Diodes in the 4th quarter worth $30,000. EntryPoint Capital LLC purchased a new position in Diodes during the first quarter worth about $40,000. Riverview Trust Co acquired a new stake in Diodes in the first quarter valued at about $51,000. Principal Securities Inc. purchased a new stake in Diodes in the 4th quarter valued at approximately $74,000. Finally, NBC Securities Inc. boosted its holdings in Diodes by 62.3% in the 1st quarter. NBC Securities Inc. now owns 1,227 shares of the semiconductor company’s stock valued at $86,000 after purchasing an additional 471 shares in the last quarter. 99.23% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
DIOD has been the topic of a number of research analyst reports. Truist Financial cut their target price on Diodes from $74.00 to $69.00 and set a “hold” rating on the stock in a research report on Friday, August 9th. StockNews.com downgraded Diodes from a “hold” rating to a “sell” rating in a research note on Wednesday, August 21st. Finally, Robert W. Baird boosted their price objective on Diodes from $56.00 to $72.00 and gave the company a “neutral” rating in a research note on Friday, May 10th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, Diodes currently has an average rating of “Hold” and a consensus target price of $73.20.
Check Out Our Latest Stock Report on Diodes
Diodes Company Profile
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.
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