Published on 1 Mar 2024 on GuruFocus.com via Yahoo Finance
Diodes Inc (DIOD) CFO Brett Whitmire Sells 3,400 Shares
Diodes Incorporated (NASDAQ:DIOD) recently disclosed in an SEC filing that the company's Chief Financial Officer, Brett Whitmire, sold 3,400 shares of the company's stock on February 28, 2024. The transaction was executed at an average price of $67.3 per share, resulting in a total sale amount of $228,820.Brett Whitmire has been active in the market over the past year, selling a total of 6,049 shares and making no purchases of the company's stock during that period.Diodes Inc is a manufacturer and supplier of high-quality semiconductor products to the electronics industry. The company's offerings include diodes, rectifiers, transistors, MOSFETs, protection devices, functional specific arrays, single gate logic, amplifiers and comparators, Hall-effect and temperature sensors, power management devices, including LED drivers, AC-DC converters and controllers, among others. Diodes Inc serves the consumer electronics, computing, communications, industrial, and automotive markets.The insider transaction history for Diodes Inc shows a pattern of insider sales, with 24 insider sells and no insider buys over the past year.
On the valuation front, Diodes Inc's shares were trading at $67.3 on the day of the insider's recent sale, giving the company a market capitalization of $3.123 billion. The price-earnings ratio stands at 13.85, which is below both the industry median of 29.62 and the company's historical median price-earnings ratio.With the current share price and a GuruFocus Value of $75.66, Diodes Inc has a price-to-GF-Value ratio of 0.89, indicating that the stock is modestly undervalued according to GuruFocus's intrinsic value estimate.