Diodes (NASDAQ:DIOD) SVP Emily Yang Sells 2,000 Shares

Diodes Incorporated (NASDAQ:DIOD) SVP Emily Yang sold 2,000 shares of the 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 completion of the transaction, the senior vice president directly owned 64,878 shares of the company’s stock, valued at approximately $6,975,682.56. The trade was a 2.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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 Price Performance

Shares of NASDAQ:DIOD opened at $109.13 on Thursday. The company has a market cap of $5.01 billion, a price-to-earnings ratio of 59.31 and a beta of 1.93. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.17 and a quick ratio of 1.97. The firm has a 50 day simple moving average of $89.54 and a 200 day simple moving average of $67.84. Diodes Incorporated has a one year low of $42.28 and a one year high of $117.80.

Diodes (NASDAQ:DIOD) last released its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.08. The firm had revenue of $405.47 million during the quarter, compared to the consensus estimate of $396.33 million. Diodes had a net margin of 5.50% and a return on equity of 3.48%. The company’s revenue for the quarter was up 22.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.19 earnings per share. Research analysts predict that Diodes Incorporated will post 2.58 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Diodes

A number of hedge funds have recently bought and sold shares of DIOD. AQR Capital Management LLC raised its stake in Diodes by 12.4% during the first quarter. AQR Capital Management LLC now owns 6,028 shares of the semiconductor company’s stock worth $260,000 after buying an additional 663 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Diodes by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,148 shares of the semiconductor company’s stock worth $1,172,000 after buying an additional 1,186 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in Diodes by 13.8% during the first quarter. Goldman Sachs Group Inc. now owns 391,005 shares of the semiconductor company’s stock worth $16,880,000 after buying an additional 47,500 shares during the last quarter. Woodline Partners LP bought a new position in Diodes during the first quarter worth $559,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Diodes by 6.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 104,719 shares of the semiconductor company’s stock worth $4,521,000 after buying an additional 6,708 shares during the last quarter. Institutional investors own 99.23% of the company’s stock.

Analyst Upgrades and Downgrades

DIOD has been the subject of several analyst reports. Wall Street Zen raised shares of Diodes from a “hold” rating to a “buy” rating in a research note on Saturday, February 14th. Zacks Research raised shares of Diodes from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Benchmark raised their price target on shares of Diodes from $62.00 to $80.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Truist Financial raised their price target on shares of Diodes from $98.00 to $139.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Finally, Robert W. Baird set a $120.00 price target on shares of Diodes in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $113.00.

Diodes News Summary

Here are the key news stories impacting Diodes this week:

• Positive Sentiment: Diodes’ recent earnings results were strong, with the company beating EPS and revenue expectations and delivering year-over-year revenue growth, helping support the stock.
• Neutral Sentiment: The stock has been trading near its 52-week high, reflecting momentum from improved operating performance and broader investor optimism.
• Negative Sentiment: A cluster of insider sales by the CEO, CTO, SVP, and other executives may raise concern that management sees limited near-term upside at current levels. Wave of Insider Stock Sales Sweeps Through Diodes’ Executive Ranks

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.