Diodes, Inc’s filing revealed that its SVP Worldwide Sales/Marketing Yang Emily unloaded Company’s shares for reported $70484.0 on Aug 30 ’24. In the deal valued at $70.48 per share,1,000 shares were sold. As a result of this transaction, Yang Emily now holds 59,820 shares worth roughly $3.56 million.
Then, Whitmire Brett R sold 1,900 shares, generating $132,974 in total proceeds. Upon selling the shares at $69.99, the CFO now owns 46,365 shares.
Before that, Yang Emily bought 1,000 shares. Diodes, Inc shares valued at $70,484 were divested by the Officer at a price of $70.48 per share.
TD Cowen reiterated its Diodes, Inc [DIOD] rating to an Outperform in a research note published on February 07, 2024; the price target was $85. A number of analysts have revised their coverage, including Truist’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Hold”. Robert W. Baird also remained covering DIOD and has decreased its forecast on October 31, 2023 with a “Neutral” recommendation from previously “an Outperform” rating.
Price Performance Review of DIOD
On Tuesday, Diodes, Inc [NASDAQ:DIOD] saw its stock jump 0.19% to $59.44. Over the last five days, the stock has lost -9.58%. Diodes, Inc shares have fallen nearly -3.62% since the year began. Nevertheless, the stocks have fallen -19.00% over the past one year. While a 52-week high of $86.74 was reached on 01/06/25, a 52-week low of $52.71 was recorded on 01/14/25. SMA at 50 days reached $61.73, while 200 days put it at $67.56.
Levels Of Support And Resistance For DIOD Stock
The 24-hour chart illustrates a support level at 58.85, which if violated will result in even more drops to 58.26. On the upside, there is a resistance level at 60.29. A further resistance level may holdings at 61.14. The Relative Strength Index (RSI) on the 14-day chart is 41.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.90%. Stochastics %K at 12.49% indicates the stock is a buying.
How much short interest is there in Diodes, Inc?
A steep rise in short interest was recorded in Diodes, Inc stocks on 2024-12-31, growing by 0.3 million shares to a total of 2.69 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 2.39 million shares. There was a rise of 11.0%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 06, 2021 when Cowen resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $110.
