Insider Filing Note: Is Diodes Incorporated (NASDAQ:DIOD) Stock a Sell after John Stich’s Insider Deal?

November 28, 2016 - By Ruchi Gupta

Insider Filing Note: Is Diodes Incorporated (NASDAQ:DIOD) Stock a Sell after John Stich's Insider Deal?

John Stich Insider Sell

Calculated with average price per share of $24.0, John Stich, the Diodes Inc’s director sold 2,200 shares of Diodes Inc worth approx. $52,796 US Dollars. He also sold 7,800 shares that are worth $177,263 USD in the last 30 days. Dated November 28, 2016 the sale filing is free at your disposal here. John Stich presently holds 62,600 shares which are about 0.13% of the Texas-based company’s total market capitalization.

Diodes Incorporated (NASDAQ:DIOD) Ratings Coverage

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 15.58% above today’s ($23.94) stock price. Diodes has been the topic of 5 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Topeka Capital Markets given on Friday, August 7. Zacks downgraded Diodes Incorporated (NASDAQ:DIOD) on Wednesday, August 12 to “Hold” rating. The stock has “Buy” rating given by Topeka Capital Markets on Friday, November 6. Robert W. Baird upgraded Diodes Incorporated (NASDAQ:DIOD) on Friday, September 4 to “Outperform” rating.

Insitutional Activity: The institutional sentiment increased to 1.76 in 2016 Q2. Its up 0.42, from 1.34 in 2016Q1. The ratio increased, 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.

Capstone Asset Mgmt, a Texas-based fund reported 11,106 shares. Fifth Third Bancorporation has 820 shares for 0% of their US portfolio. Ls Investment Advisors Ltd Liability reported 1,300 shares or 0% of all its holdings. Swiss Natl Bank has 0% invested in the company for 67,400 shares. The New York-based Goldman Sachs has invested 0% in Diodes Incorporated (NASDAQ:DIOD). Springbok Cap Mngmt Limited Liability holds 100 shares or 0% of its portfolio. Alpha Windward Ltd Liability Corp accumulated 0.31% or 22,620 shares. Credit Suisse Ag accumulated 42,371 shares or 0% of the stock. Teachers Retirement Systems Of The State Of Kentucky has 0% invested in the company for 10,800 shares. Sector Pension Board has 26,742 shares for 0.01% of their US portfolio. Vanguard Group has invested 0% of its portfolio in Diodes Incorporated (NASDAQ:DIOD). Ladenburg Thalmann Serv holds 0% or 242 shares in its portfolio. D E Shaw & Co reported 73,043 shares or 0% of all its holdings. Citadel Advsrs Lc holds 24,453 shares or 0% of its portfolio. Legal General Group Inc Public Limited Company holds 0% or 8,126 shares in its portfolio.

Insider Transactions: Since July 1, 2016, the stock had 0 insider buys, and 8 insider sales for $554,537 net activity. 2,750 Diodes Incorporated (NASDAQ:DIOD) shares with value of $46,530 were sold by White Richard Dallas. STICH JOHN M also sold $103,028 worth of Diodes Incorporated (NASDAQ:DIOD) on Thursday, September 1. BELTRAN CLEMENTE sold $3,746 worth of stock. Tang Francis had sold 2,500 shares worth $42,300. $152,060 worth of shares were sold by LU KEH SHEW on Tuesday, July 5. Another trade for 1,750 shares valued at $29,610 was sold by Holland Julie.

About 20,471 shares traded hands. Diodes Incorporated (NASDAQ:DIOD) has risen 30.91% since April 25, 2016 and is uptrending. It has outperformed by 24.90% 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 $1.17 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 122.66 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 $12.22 million for 23.94 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 important 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 published article titled: “Quasi-Resonant PWM Controller from Diodes Incorporated Optimizes Efficiency in ..”, 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) was released by: Businesswire.com and their article: “Diodes Incorporated Reports Third Quarter 2016 Financial Results” with publication date: November 09, 2016.

DIOD Company Profile

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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