Jupiter Topco LLC Purchases Shares of 64,530 Diodes Incorporated $DIOD

Jupiter Topco LLC acquired a new stake in shares of Diodes Incorporated (NASDAQ:DIOD) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 64,530 shares of the semiconductor company’s stock, valued at approximately $7,062,000.

A number of other hedge funds have also modified their holdings of the stock. Andar Capital Management HK Ltd acquired a new stake in shares of Diodes during the second quarter worth $80,000,000. BlackRock Inc. acquired a new position in shares of Diodes in the 2nd quarter valued at $803,920,000. Vanguard Group Inc. boosted its position in shares of Diodes by 2.8% in the 4th quarter. Vanguard Group Inc. now owns 6,154,859 shares of the semiconductor company’s stock valued at $303,681,000 after purchasing an additional 166,603 shares during the period. Dimensional Fund Advisors LP increased its stake in Diodes by 2.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,436,359 shares of the semiconductor company’s stock worth $166,294,000 after purchasing an additional 53,934 shares in the last quarter. Finally, William Blair Investment Management LLC purchased a new position in Diodes in the 2nd quarter worth about $184,153,000. 99.23% of the stock is currently owned by institutional investors and hedge funds.

Diodes Price Performance

Shares of Diodes stock opened at $88.00 on Monday. The stock has a 50-day moving average price of $95.68 and a 200 day moving average price of $90.14. The company has a market cap of $4.05 billion, a P/E ratio of 47.57 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 1 year low of $42.28 and a 1 year high of $125.99.

Diodes (NASDAQ:DIOD) last released its earnings results 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. The company had revenue of $445.53 million for the quarter, compared to analysts’ expectations of $436.60 million. Diodes had a return on equity of 4.33% and a net margin of 5.27%.The business’s revenue for the quarter was up 21.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.32 EPS. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. As a group, analysts expect that Diodes Incorporated will post 3.15 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

DIOD has been the subject of a number of analyst reports. Zacks Research raised shares of Diodes from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. Wall Street Zen raised shares of Diodes from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 15th. Weiss Ratings restated a “hold (c)” rating on shares of Diodes in a report on Wednesday, July 15th. Robert W. Baird set a $192.00 price target on shares of Diodes in a research report on Thursday, August 6th. Finally, Truist Financial decreased their price objective 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 equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $135.00.

Diodes Company 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.