Diodes Incorporated (NASDAQ:DIOD) CEO Keh Shew Lu sold 2,000 shares of the business’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $46.77, for a total transaction of $93,540.00. Following the transaction, the chief executive officer now directly owns 579,359 shares of the company’s stock, valued at $27,096,620.43. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Keh Shew Lu also recently made the following trade(s):
- On Monday, November 25th, Keh Shew Lu sold 12,000 shares of Diodes stock. The shares were sold at an average price of $46.23, for a total transaction of $554,760.00.
Shares of NASDAQ:DIOD opened at $46.31 on Tuesday. The company has a 50 day moving average of $45.04 and a 200-day moving average of $39.10. The firm has a market cap of $2.36 billion, a P/E ratio of 15.80 and a beta of 1.28. Diodes Incorporated has a twelve month low of $29.88 and a twelve month high of $49.36. The company has a current ratio of 2.56, a quick ratio of 1.79 and a debt-to-equity ratio of 0.08.
Several large investors have recently modified their holdings of DIOD. Squar Milner Financial Services LLC acquired a new stake in shares of Diodes in the 3rd quarter worth approximately $26,000. Sandy Spring Bank acquired a new stake in shares of Diodes in the 2nd quarter worth approximately $36,000. C M Bidwell & Associates Ltd. acquired a new stake in shares of Diodes in the 2nd quarter worth approximately $47,000. Penserra Capital Management LLC acquired a new stake in shares of Diodes in the 3rd quarter worth approximately $50,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Diodes by 58.8% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,204 shares of the semiconductor company’s stock worth $117,000 after acquiring an additional 1,186 shares during the period. 83.67% of the stock is owned by institutional investors.
A number of analysts have recently weighed in on DIOD shares. Wells Fargo & Co started coverage on shares of Diodes in a research note on Monday, August 19th. They issued an “outperform” rating and a $55.00 price target for the company. BidaskClub lowered shares of Diodes from a “strong-buy” rating to a “buy” rating in a research note on Friday, November 8th. Finally, Zacks Investment Research raised shares of Diodes from a “hold” rating to a “buy” rating and set a $51.00 price target for the company in a research note on Thursday, November 7th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $53.00.
Diodes Company Profile
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.
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