Diodes Incorporated (NASDAQ:DIOD) Shares Sold by Atria Investments Inc

Atria Investments Inc lowered its stake in Diodes Incorporated (NASDAQ:DIOD) by 17.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,028 shares of the semiconductor company’s stock after selling 843 shares during the quarter. Atria Investments Inc’s holdings in Diodes were worth $258,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. GAMMA Investing LLC boosted its position in shares of Diodes by 66.5% during the second quarter. GAMMA Investing LLC now owns 453 shares of the semiconductor company’s stock worth $33,000 after buying an additional 181 shares during the period. EntryPoint Capital LLC acquired a new position in Diodes in the 1st quarter valued at about $40,000. Innealta Capital LLC purchased a new stake in Diodes during the second quarter worth about $88,000. EMC Capital Management lifted its position in shares of Diodes by 25.8% during the first quarter. EMC Capital Management now owns 1,632 shares of the semiconductor company’s stock worth $115,000 after purchasing an additional 335 shares in the last quarter. Finally, Hantz Financial Services Inc. purchased a new position in shares of Diodes in the second quarter valued at approximately $147,000. Institutional investors and hedge funds own 99.23% of the company’s stock.

Insider Transactions at Diodes

In other news, SVP Emily Yang sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $70.48, for a total transaction of $70,480.00. Following the completion of the sale, the senior vice president now owns 59,820 shares in the company, valued at approximately $4,216,113.60. The trade was a 1.64 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Brett R. Whitmire sold 1,900 shares of the company’s stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $69.99, for a total transaction of $132,981.00. Following the completion of the transaction, the chief financial officer now owns 46,365 shares of the company’s stock, valued at approximately $3,245,086.35. The trade was a 3.94 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,172 shares of company stock valued at $295,249. 2.30% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

DIOD has been the topic of several recent research reports. StockNews.com raised shares of Diodes from a “sell” rating to a “hold” rating in a research note on Monday, November 11th. Benchmark cut their price objective on Diodes from $83.00 to $75.00 and set a “buy” rating on the stock in a research report on Monday, November 11th. Finally, Truist Financial decreased their price objective on Diodes from $69.00 to $62.00 and set a “hold” rating for the company in a research note on Friday, November 8th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $72.80.

Diodes Stock Performance

NASDAQ:DIOD opened at $61.31 on Friday. Diodes Incorporated has a 12 month low of $52.71 and a 12 month high of $86.74. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.58 and a quick ratio of 2.21. The firm has a market capitalization of $2.84 billion, a PE ratio of 46.44 and a beta of 1.32. The business’s fifty day moving average price is $61.47 and its 200 day moving average price is $68.13.

Diodes Company Profile

Diodes Incorporated, together with its subsidiaries, manufactures and supplies application-specific standard products in the broad discrete, logic, analog, and mixed-signal semiconductor markets worldwide. The company offers discrete semiconductor products, such as MOSFETs, SiC MOSFETs; data line protection, power line protection, thyristers, USB Type-C protection, and transient voltage suppressors; Schottky, small signal switching, Zener, and SiC diodes; bridges, super barrier, Schottky, Schottky bridge, and fast/ultra-fast rectifiers; and bipolar, avalanche, gate driver, and pre-bias transistors.