The CFO & Secretary of Diodes Inc (DIOD) is Buying Shares


Today, the CFO & Secretary of Diodes Inc (NASDAQ: DIOD), Richard Dallas White, bought shares of DIOD for $225.8K.

This recent transaction increases Richard Dallas White’s holding in the company by 10.97% to a total of $5.24 million. In addition to Richard Dallas White, 8 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 $1.88B and the company has a P/E ratio of 71.26. Currently, Diodes Inc has an average volume of 46.02K.

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

In the last 30 days, insiders have sold $2.88M worth of DIOD shares and purchased $1.45M worth of DIOD shares. The insider sentiment on Diodes Inc has been positive according to 100 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Richard Dallas White’s trades have generated a -0.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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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.

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