The Corp. Secretary of Diodes (NASDAQ: DIOD) is Selling Shares

By Carrie Williams

Yesterday, the Corp. Secretary of Diodes (DIODResearch Report), Richard Dallas White, sold shares of DIOD for $1.39M.

Following Richard Dallas White’s last DIOD Sell transaction on May 30, 2019, the stock climbed by 14.7%. In addition to Richard Dallas White, 4 other DIOD executives reported Sell trades in the last month.

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Based on Diodes’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $324 million and quarterly net profit of $38.06 million. In comparison, last year the company earned revenue of $321 million and had a net profit of $30.91 million. The company has a one-year high of $49.36 and a one-year low of $29.88. Currently, Diodes has an average volume of 402.59K.

In the last 30 days, insiders have sold $2.19M worth of DIOD shares and purchased $578.4K worth of DIOD shares. The insider sentiment on Diodes has been negative according to 66 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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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.