The President & CEO of Diodes Inc (NASDAQ: DIOD) is Buying Shares

Today, the President & CEO of Diodes Inc (NASDAQ: DIOD), Keh Shew Lu, bought shares of DIOD for $120.4K.

Over the last month, Keh Shew Lu has reported another 5 Buy trades on DIOD for a total of $3.19M. In addition to Keh Shew Lu, 2 other DIOD executives reported Buy trades in the last month.

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Based on Diodes Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $304 million and quarterly net profit of $25.07 million. In comparison, last year the company earned revenue of $264 million and had a net profit of $13.18 million. DIOD’s market cap is $1.93B and the company has a P/E ratio of 73.04. Currently, Diodes Inc has an average volume of 96.02K.

Starting in October 2017, DIOD received 7 Buy ratings in a row.

In the last 30 days, insiders have sold $2.39M worth of DIOD shares and purchased $1.23M worth of DIOD shares. The insider sentiment on Diodes Inc has been neutral according to 98 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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Diodes, Inc. manufactures and supplies semiconductor products. Its products include diodes, rectifiers, transistors, MOSFETs, protection devices, functional specific arrays, single gate, dual gate and standard logic, amplifiers and comparators, Hall-effect and temperature sensors, power management devices, including LED drivers, AC-DC and DC-DC switching, linear voltage regulators, and voltage references along with special function devices, such as USB power switches, load switches, voltage supervisors, and motor controllers. It operates through the following geographical segments: Asia, North America, and Europe. The company was founded on June 15, 1959 and is headquartered in Plano, TX.