6 days Ago By ABMN Staff
Alliancebernstein L.P. trimmed its holdings in Diodes Incorporated ( NASDAQ:DIOD – Free Report ) by 1.
3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 58,627 shares of the semiconductor company’s stock after selling 787 shares during the period. Alliancebernstein L.
P.’s holdings in Diodes were worth $3,616,000 as of its most recent SEC filing. Other large investors also recently added to or reduced their stakes in the company.
Smartleaf Asset Management LLC raised its stake in shares of Diodes by 198.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 785 shares of the semiconductor company’s stock valued at $48,000 after acquiring an additional 522 shares in the last quarter.
Quantbot Technologies LP acquired a new position in Diodes during the fourth quarter valued at approximately $79,000. KBC Group NV raised its position in shares of Diodes by 36.7% in the fourth quarter.
KBC Group NV now owns 1,987 shares of the semiconductor company’s stock valued at $123,000 after purchasing an additional 533 shares during the period. Xponance Inc. bought a new position in shares of Diodes in the fourth quarter valued at approximately $203,000.
Finally, Verdence Capital Advisors LLC acquired a new stake in shares of Diodes in the fourth quarter worth $250,000. 99.23% of the stock is owned by institutional investors.
Diodes Stock Up 1.4 % Shares of DIOD stock opened at $36.12 on Tuesday.
Diodes Incorporated has a one year low of $32.93 and a one year high of $86.74.
The company has a debt-to-equity ratio of 0.01, a current ratio of 3.26 and a quick ratio of 1.
99. The stock has a fifty day moving average price of $46.92 and a 200 day moving average price of $56.
72. The stock has a market cap of $1.68 billion, a P/E ratio of 38.
02 and a beta of 1.43. Analysts Set New Price Targets Several research analysts recently commented on DIOD shares.
Truist Financial dropped their target price on shares of Diodes from $63.00 to $53.00 and set a “hold” rating on the stock in a report on Wednesday, February 12th.
Robert W. Baird upgraded Diodes from a “neutral” rating to an “outperform” rating and set a $50.00 price objective on the stock in a research note on Monday, April 7th.
Baird R W upgraded Diodes from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 7th. Finally, Benchmark dropped their price target on Diodes from $74.00 to $65.
00 and set a “buy” rating on the stock in a research report on Wednesday, February 12th. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.
com, Diodes presently has an average rating of “Moderate Buy” and a consensus target price of $56.00. Get Our Latest Research Report on Diodes Insiders Place Their Bets In related news, SVP Emily Yang sold 950 shares of the stock in a transaction dated Tuesday, February 4th.
The shares were sold at an average price of $56.04, for a total transaction of $53,238.00.
Following the completion of the sale, the senior vice president now owns 65,107 shares in the company, valued at $3,648,596.28. This trade represents a 1.
44 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website . Also, CFO Brett R.
Whitmire sold 830 shares of Diodes stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $56.04, for a total transaction of $46,513.
20. Following the transaction, the chief financial officer now directly owns 51,525 shares of the company’s stock, valued at $2,887,461. This represents a 1.
59 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold 4,680 shares of company stock worth $262,267 over the last three months.
2.30% of the stock is currently owned by corporate insiders. Diodes Company Profile ( Free Report ) 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. Featured Stories Want to see what other hedge funds are holding DIOD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Diodes Incorporated ( NASDAQ:DIOD – Free Report ).
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