The VP of Diodes Inc (NASDAQ: DIOD) is Selling Shares

Today, the VP of Diodes Inc (DIODResearch Report), Clemente Beltran, sold shares of DIOD for $97.13K.

Following Clemente Beltran’s last DIOD Sell transaction on June 05, 2018, the stock climbed by 6.7%. This is Beltran’s first Sell trade following 4 Buy transactions.

See today’s analyst top recommended stocks >>

Based on Diodes Inc’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $314 million and quarterly net profit of $29.52 million. In comparison, last year the company earned revenue of $268 million and had a GAAP net loss of $30.65 million. DIOD’s market cap is $2.03B and the company has a P/E ratio of 21.17. Currently, Diodes Inc has an average volume of 672.4K.

Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $44.33, reflecting a 2.4% upside.

The insider sentiment on Diodes Inc has been negative according to 73 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.