November 23, 2016 - By whatsonthorold
John Stich, the director of Diodes Inc made insider trade for 2,800 shares with an average market price per share of $24.0 in the ‘s company, that are worth $67,258 U.S. Dollars. In the last month, he also unloaded 5,000 shares worth about $110,005 USD. This trade decreased his ownership of Diodes Inc to 0.13% total market capitalization or 64,800 shares.
Out of 2 analysts covering Diodes (NASDAQ:DIOD), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $30 is the highest target while $25 is the lowest. The $27.67 average target is 14.96% above today’s ($24.07) stock price. Diodes has been the topic of 5 analyst reports since August 7, 2015 according to StockzIntelligence Inc. As per Friday, August 7, the company rating was maintained by Topeka Capital Markets. The firm has “Hold” rating given on Wednesday, August 12 by Zacks. The firm earned “Buy” rating on Friday, November 6 by Topeka Capital Markets. On Friday, September 4 the stock rating was upgraded by Robert W. Baird to “Outperform”.
Insitutional Activity: The institutional sentiment increased to 1.76 in Q2 2016. Its up 0.42, from 1.34 in 2016Q1. The ratio is positive, as 10 funds sold all Diodes Incorporated shares owned while 34 reduced positions. 16 funds bought stakes while 43 increased positions. They now own 36.88 million shares or 6.45% more from 34.65 million shares in 2016Q1.
Hodges Cap Mngmt holds 0.96% or 1.05M shares in its portfolio. Swiss Bank & Trust holds 0% of its portfolio in Diodes Incorporated (NASDAQ:DIOD) for 67,400 shares. Cornerstone Capital Holdings Lc holds 2,386 shares or 0% of its portfolio. California Public Employees Retirement System accumulated 82,700 shares or 0% of the stock. New York State Common Retirement Fund holds 0.02% of its portfolio in Diodes Incorporated (NASDAQ:DIOD) for 596,858 shares. Foundry Prns Ltd Liability holds 0.19% of its portfolio in Diodes Incorporated (NASDAQ:DIOD) for 174,155 shares. Blackrock Fund Advisors, a California-based fund reported 2.50 million shares. California State Teachers Retirement System owns 79,879 shares or 0% of their US portfolio. Moreover, Texas Permanent School Fund has 0.01% invested in Diodes Incorporated (NASDAQ:DIOD) for 29,560 shares. Ladenburg Thalmann Fincl Services, a Florida-based fund reported 242 shares. Citadel Advsrs Ltd Liability holds 0% or 24,453 shares in its portfolio. Teacher Retirement System Of Texas owns 5,721 shares or 0% of their US portfolio. Renaissance Technologies Limited Liability Corporation accumulated 0.01% or 160,127 shares. Thrivent For Lutherans, a Minnesota-based fund reported 18,650 shares. Credit Suisse Ag holds 42,371 shares or 0% of its portfolio.
Insider Transactions: Since May 26, 2016, the stock had 0 buys, and 7 insider sales for $487,279 net activity. 874 shares with value of $15,734 were sold by BELTRAN CLEMENTE on Thursday, May 26. 5,000 shares were sold by STICH JOHN M, worth $110,005 on Wednesday, November 9. Another trade for 2,750 shares valued at $46,530 was made by White Richard Dallas on Tuesday, July 5. $139,113 worth of Diodes Incorporated (NASDAQ:DIOD) was sold by Tang Francis on Thursday, May 26. Holland Julie also sold $103,213 worth of Diodes Incorporated (NASDAQ:DIOD) shares. 8,969 shares with value of $152,060 were sold by LU KEH SHEW on Tuesday, July 5. On Thursday, May 26 the insider KING MARK A sold $179,500.
The stock increased 1.13% or $0.27 during the last trading session, hitting $24.07. About 107,328 shares traded hands. Diodes Incorporated (NASDAQ:DIOD) has risen 27.61% since April 21, 2016 and is uptrending. It has outperformed by 22.28% the S&P500.
Diodes Incorporated is a global manufacturer and supplier of application-specific standard products within the discrete, logic, analog and mixed-signal semiconductor markets, serving the consumer electronics, computing, communications, industrial and automotive markets. The company has a market cap of $1.19 billion. The Company’s products include diodes; rectifiers; transistors; metal-oxide semiconductor field-effect transistors ; protection devices; amplifiers and comparators; Hall-effect and temperature sensors, and power management devices, including light emitting diode (LED) drivers, alternating current (AC)-direct current (DC) and DC-DC switching, linear voltage regulators and voltage references, along with special function devices, such as universal serial bus (USB) power switches, load switches, voltage supervisors and motor controllers. It has a 123.32 P/E ratio.
According to Zacks Investment Research, “Diodes Incorporated is a leading manufacturer and supplier of high-quality discrete and analog semiconductor products, primarily to the communications, computing, industrial, consumer electronics and automotive markets. The Company’s corporate sales, marketing, engineering and logistics headquarters is located in Southern California, with two manufacturing facilities in Shanghai, China, a wafer fabrication plant in Kansas City, Missouri, engineering, sales, warehouse and logistics offices in Taipei, Taiwan and Hong Kong, and sales and support offices throughout the world. Diodes, Inc. recently acquired Anachip Corporation, a fabless analog IC company in Hsinchu Science Park, Taiwan. It’s product focus is on subminiature surface-mount discrete devices, analog power management ICs and Hall-effect sensors all of which are widely used in end-user equipment.”
Analysts await Diodes Incorporated (NASDAQ:DIOD) to report earnings on February, 21. They expect $0.25 EPS, up 78.57% or $0.11 from last year’s $0.14 per share. DIOD’s profit will be $12.36 million for 24.07 P/E if the $0.25 EPS becomes a reality. After $0.30 actual EPS reported by Diodes Incorporated for the previous quarter, Wall Street now forecasts -16.67% negative EPS growth.
More notable recent Diodes Incorporated (NASDAQ:DIOD) news were published by: Businesswire.com which released: “Diodes Incorporated Completes Acquisition of Pericom Semiconductor” on November 25, 2015, also Businesswire.com with their article: “Quasi-Resonant PWM Controller from Diodes Incorporated Optimizes Efficiency in ..” published on October 11, 2016, Businesswire.com published: “Diodes Incorporated to Present at the Drexel Hamilton Telecom, Media and ..” on August 24, 2016. More interesting news about Diodes Incorporated (NASDAQ:DIOD) were released by: Businesswire.com and their article: “Diodes Incorporated to Announce Third Quarter 2016 Financial Results on November 9” published on October 18, 2016 as well as Businesswire.com‘s news article titled: “Diodes Incorporated Reports Third Quarter 2016 Financial Results” with publication date: November 09, 2016.
Diodes Incorporated, incorporated on July 29, 1968, is a global maker and supplier of application-specific standard products within the discrete, logic, analog and mixed-signal semiconductor markets, serving the consumer electronics, computing, communications, industrial and automotive markets. The Company’s product portfolio addresses the design needs of various electronic equipment, including consumer electronic devices, such as digital media players, smartphones, tablets, notebook computers, flat-panel displays, mobile handsets, digital cameras and set-top boxes. The Company’s products are sold primarily across Asia, North America and Europe. The Company’s design, marketing and engineering centers are located in Plano; Milpitas, California; San Jose, California; Taipei, Taiwan; Taoyuan city, Taiwan; Zhubei City, Taiwan; Jinan, China; Manchester, the United Kingdom, and Neuhaus, Germany. It has assembly and test facilities located in Shanghai, Jinan, Chengdu and Yangzhou, China, as well as assembly and test facilities located in Hong Kong, Neuhaus and in Taipei. The Firm also holds interests in Pericom Semiconductor Corporation (Pericom). Pericom designs, develops and markets integrated circuits (ICs) and frequency control products (FCPs).
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