What Did This CEO Just Do with Personal Shares of Diodes Inc (DIOD)?


Today, the President & CEO of Diodes Inc (NASDAQ: DIOD), Keh Shew Lu, sold shares of DIOD for $167K.

Following Keh Shew Lu’s last DIOD Sell transaction on October 10, 2017, the stock climbed by 6.1%. This is Lu’s first Sell trade following 3 Buy transactions.

See today’s analyst top recommended stocks >>

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 $1.89B and the company has a P/E ratio of 71.40. Currently, Diodes Inc has an average volume of 107.5K.

In the last 30 days, insiders have sold $167K worth of DIOD shares and purchased $367.4K worth of DIOD shares. The insider sentiment on Diodes Inc has been neutral according to 94 insider trades in the past three months. This sentiment is slightly higher 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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts