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

Atria Investments Inc reduced its stake in shares of Diodes Incorporated (NASDAQ:DIOD) by 17.3% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 4,028 shares of the semiconductor company’s stock after selling 843 shares during the period. Atria Investments Inc’s holdings in Diodes were worth $258,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Easterly Investment Partners LLC grew its stake in shares of Diodes by 102.7% during the 3rd quarter. Easterly Investment Partners LLC now owns 14,412 shares of the semiconductor company’s stock worth $924,000 after purchasing an additional 7,301 shares during the period. Tributary Capital Management LLC raised its position in shares of Diodes by 9.5% in the third quarter. Tributary Capital Management LLC now owns 291,037 shares of the semiconductor company’s stock worth $18,653,000 after acquiring an additional 25,259 shares during the period. Tectonic Advisors LLC grew its position in shares of Diodes by 5.0% during the 3rd quarter. Tectonic Advisors LLC now owns 10,689 shares of the semiconductor company’s stock valued at $685,000 after acquiring an additional 508 shares during the period. Blue Trust Inc. increased its stake in shares of Diodes by 11.8% in the 3rd quarter. Blue Trust Inc. now owns 4,817 shares of the semiconductor company’s stock valued at $309,000 after purchasing an additional 510 shares in the last quarter. Finally, AlphaMark Advisors LLC raised its stake in shares of Diodes by 15.6% during the 3rd quarter. AlphaMark Advisors LLC now owns 4,997 shares of the semiconductor company’s stock worth $320,000 after buying an additional 674 shares during the period. Hedge funds and other institutional investors own 99.23% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on DIOD shares. Benchmark cut their target price on shares of Diodes from $83.00 to $75.00 and set a “buy” rating for the company in a research note on Monday, November 11th. StockNews.com upgraded Diodes from a “sell” rating to a “hold” rating in a research note on Monday, November 11th. Finally, Truist Financial reduced their target price on Diodes from $69.00 to $62.00 and set a “hold” rating for the company in a report on Friday, November 8th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $72.80.

Diodes Stock Up 3.6 %

Shares of NASDAQ DIOD opened at $61.31 on Friday. The stock has a market cap of $2.84 billion, a PE ratio of 46.44 and a beta of 1.32. The company has a current ratio of 3.58, a quick ratio of 2.21 and a debt-to-equity ratio of 0.01. Diodes Incorporated has a 12-month low of $52.71 and a 12-month high of $86.74. The company has a 50-day moving average of $61.47 and a 200 day moving average of $68.13.

Insider Transactions at Diodes

In other news, CFO Brett R. Whitmire sold 1,900 shares of Diodes stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $69.99, for a total transaction of $132,981.00. Following the transaction, the chief financial officer now owns 46,365 shares in the company, valued at $3,245,086.35. The trade was a 3.94 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Emily Yang sold 1,000 shares of the business’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $70.48, for a total transaction of $70,480.00. Following the transaction, the senior vice president now directly 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 disclosure for this sale can be found here. Insiders have sold a total of 4,172 shares of company stock worth $295,249 in the last ninety days. Insiders own 2.30% of the company’s stock.

Diodes 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.