In a report released yesterday, Tristan Gerra from Robert W. Baird maintained a Hold rating on Diodes (DIOD – Research Report), with a price target of $56.00. The company’s shares closed yesterday at $66.76.
Gerra covers the Technology sector, focusing on stocks such as Intel, Advanced Micro Devices, and Broadcom. According to TipRanks, Gerra has an average return of 5.9% and a 50.00% success rate on recommended stocks.
Currently, the analyst consensus on Diodes is a Moderate Buy with an average price target of $74.50.
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The company has a one-year high of $97.45 and a one-year low of $62.81. Currently, Diodes has an average volume of 315.3K.
Based on the recent corporate insider activity of 91 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DIOD in relation to earlier this year.
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 (DIOD) Company Description:
Diodes, Inc. manufactures and supplies semiconductor products. It offers diodes, rectifiers, transistors, MOSFETs, protection devices, functional specific arrays, single gate, dual gate and standard logic, amplifiers and comparators, Hall-effect and temperature sensors. The firm operates through the following geographical segments: Asia, North America, and Europe. It also provides 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. The company was founded on June 15, 1959 and is headquartered in Plano, TX.
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