Diodes Incorporated (NASDAQ:DIOD), saw an insider continue to increase his position with the company. SVP of Operations, Joseph Liu, acquired 16,875 shares of common stock at an average price of $8.1422 per share.
Following this transaction, Liu now directly holds 183,453 shares in the company. In addition, this isn’t Liu’s first transaction of this sort. Since May of this year, Liu has bought over 8,000 shares of stock in Diodes Incorporated (NASDAQ:DIOD), the $1.34 billion market cap global manufacturer and supplier of application specific standard products within the discrete, logic and analog semiconductor markets, serving the consumer electronics, computing, communications, industrial and automotive markets.
As well, there are two hedge funds with very large holdings in the company. Chuck Royce‘s Royce & Associates holds 1,838,850 shares worth about $48 million; while Pena Investment Management, the hedge fund run by Richard S. Pzena, reported a 15% increase in activity last quarter, now holding 1,645,500 shares worth approximately $43 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.