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

By Carrie Williams

Today, the President & CEO of Diodes Inc (NASDAQ: DIOD), Keh Shew Lu, sold shares of DIOD for $1.85M.

Over the last month, Keh Shew Lu has reported another 3 Sell trades on DIOD for a total of $1.07M. Following Keh Shew Lu’s last DIOD Sell transaction on August 15, 2018, the stock climbed by 1.8%.

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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 $1.94B and the company has a P/E ratio of 73.40. Currently, Diodes Inc has an average volume of 103.1K.

In the last 30 days, insiders have sold $2.11M worth of DIOD shares and purchased $1.11M worth of DIOD shares. The insider sentiment on Diodes Inc has been neutral according to 97 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

Keh Shew Lu’s trades have generated a 12.4% 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.