Connor Clark & Lunn Investment Management Ltd. Buys Shares of 98,146 Diodes Incorporated $DIOD

Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Diodes Incorporated (NASDAQ:DIOD) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 98,146 shares of the semiconductor company’s stock, valued at approximately $10,741,000. Connor Clark & Lunn Investment Management Ltd. owned about 0.21% of Diodes as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. AQR Capital Management LLC boosted its holdings in Diodes by 12.4% during the 1st quarter. AQR Capital Management LLC now owns 6,028 shares of the semiconductor company’s stock valued at $260,000 after acquiring an additional 663 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Diodes by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,148 shares of the semiconductor company’s stock worth $1,172,000 after purchasing an additional 1,186 shares during the period. Goldman Sachs Group Inc. increased its stake in Diodes by 13.8% in the first quarter. Goldman Sachs Group Inc. now owns 391,005 shares of the semiconductor company’s stock worth $16,880,000 after purchasing an additional 47,500 shares during the period. Woodline Partners LP bought a new stake in shares of Diodes during the first quarter worth $559,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Diodes by 6.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 104,719 shares of the semiconductor company’s stock worth $4,521,000 after purchasing an additional 6,708 shares during the last quarter. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

Diodes Price Performance

DIOD opened at $90.54 on Thursday. The company has a market capitalization of $4.17 billion, a price-to-earnings ratio of 48.94 and a beta of 1.91. The company has a current ratio of 3.17, a quick ratio of 1.99 and a debt-to-equity ratio of 0.01. Diodes Incorporated has a 12-month low of $42.28 and a 12-month high of $125.99. The business’s fifty day simple moving average is $96.89 and its 200-day simple moving average is $89.74.

Diodes (NASDAQ:DIOD) last released its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.07. Diodes had a return on equity of 4.33% and a net margin of 5.27%.The firm had revenue of $445.53 million during the quarter, compared to the consensus estimate of $436.60 million. During the same period in the previous year, the company posted $0.32 earnings per share. The firm’s quarterly revenue was up 21.7% on a year-over-year basis. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. On average, equities research analysts anticipate that Diodes Incorporated will post 3.15 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

DIOD has been the topic of a number of research analyst reports. Robert W. Baird set a $192.00 price target on shares of Diodes in a report on Thursday, August 6th. Wall Street Zen raised shares of Diodes from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 15th. Zacks Research upgraded shares of Diodes from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Diodes in a research report on Wednesday, July 15th. Finally, Truist Financial decreased their price target on shares of Diodes from $139.00 to $133.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $135.00.

Insider Transactions at Diodes

In other news, CTO Francis Tang sold 15,330 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $112.04, for a total value of $1,717,573.20. Following the completion of the sale, the chief technology officer owned 71,438 shares of the company’s stock, valued at approximately $8,003,913.52. This represents a 17.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Richard Dallas White sold 3,000 shares of the stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $106.17, for a total transaction of $318,510.00. Following the transaction, the insider owned 8,071 shares in the company, valued at approximately $856,898.07. This represents a 27.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 1.70% of the company’s stock.

Diodes Profile

Diodes Incorporated (NASDAQ: DIOD) is a global manufacturer and supplier of high‐performance discrete, logic, analog and mixed‐signal semiconductor products. Headquartered in Plano, Texas, the company designs and develops a broad range of discrete components, standard logic functions, power management circuits, interface products and array products. Its portfolio includes rectifiers, MOSFETs, general‐purpose diodes, voltage regulators, comparators, buffers and other building blocks for electronic systems.

Diodes Incorporated serves a variety of end markets such as automotive, computing, communications, consumer electronics, industrial and lighting.