This is Tang’s first Sell trade following 4 Buy transactions. Following Francis Tang’s last DIOD Sell transaction on August 28, 2018, the stock climbed by 3.4%.
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 $2.05B and the company has a P/E ratio of 20.58. Currently, Diodes Inc has an average volume of 406.2K.
Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $44.33, reflecting a 9.2% upside.
The insider sentiment on Diodes Inc has been negative according to 81 insider trades in the past three months. This sentiment is lower 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.