Connable Office Inc. bought a new stake in Diodes Incorporated (NASDAQ:DIOD – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 5,300 shares of the semiconductor company’s stock, valued at approximately $262,000.
A number of other institutional investors also recently modified their holdings of DIOD. Vanguard Group Inc. raised its stake in Diodes by 2.8% during the fourth quarter. Vanguard Group Inc. now owns 6,154,859 shares of the semiconductor company’s stock worth $303,681,000 after acquiring an additional 166,603 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Diodes in the 3rd quarter valued at approximately $37,519,000. Invesco Ltd. boosted its stake in shares of Diodes by 183.0% in the 3rd quarter. Invesco Ltd. now owns 519,013 shares of the semiconductor company’s stock valued at $27,617,000 after purchasing an additional 335,644 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Diodes by 49.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 464,429 shares of the semiconductor company’s stock valued at $24,712,000 after purchasing an additional 153,905 shares during the last quarter. Finally, Bank of America Corp DE increased its position in Diodes by 17.2% during the 2nd quarter. Bank of America Corp DE now owns 417,448 shares of the semiconductor company’s stock worth $22,079,000 after purchasing an additional 61,177 shares in the last quarter. Institutional investors and hedge funds own 99.23% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts have recently commented on the company. Wall Street Zen upgraded Diodes from a “hold” rating to a “buy” rating in a research note on Saturday, February 14th. Truist Financial boosted their price objective on Diodes from $98.00 to $139.00 and gave the stock a “buy” rating in a research report on Friday. Weiss Ratings raised Diodes from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, January 21st. Zacks Research upgraded Diodes from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Finally, Benchmark upped their price objective on Diodes from $62.00 to $80.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Diodes has a consensus rating of “Moderate Buy” and a consensus target price of $113.00.
Diodes Trading Down 1.0%
DIOD opened at $111.41 on Friday. The company has a fifty day moving average price of $79.33 and a two-hundred day moving average price of $63.17. Diodes Incorporated has a 1-year low of $41.51 and a 1-year high of $117.80. The company has a market cap of $5.13 billion, a P/E ratio of 60.55 and a beta of 1.93. The company has a current ratio of 3.32, a quick ratio of 2.08 and a debt-to-equity ratio of 0.01.
Diodes (NASDAQ:DIOD – Get Free Report) last posted its earnings results on Thursday, May 7th. The semiconductor company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.08. The company had revenue of $405.47 million for the quarter, compared to analyst estimates of $396.33 million. Diodes had a net margin of 5.50% and a return on equity of 3.49%. The firm’s revenue was up 22.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.19 EPS. Analysts predict that Diodes Incorporated will post 2.45 EPS for the current fiscal year.
More Diodes News
Here are the key news stories impacting Diodes this week:
- Positive Sentiment: Truist Financial raised its price target on Diodes from $98 to $139 and reiterated a buy rating, signaling confidence in additional upside for the stock. Benzinga
- Positive Sentiment: Diodes reported Q1 revenue of $405.5 million, above analyst expectations, and EPS of $0.43, topping estimates of $0.35, reflecting stronger-than-expected demand. Diodes Incorporated Reports First Quarter 2026 Financial Results
- Positive Sentiment: The company guided Q2 revenue to $422 million-$448.1 million, roughly in line to above consensus, and said demand is being supported by automotive, industrial and AI server markets, which points to improving near-term momentum. Seeking Alpha
- Neutral Sentiment: Investors are also parsing the earnings call transcript and snapshot reports for details on margin trends and the sustainability of the recent rebound. Motley Fool
Insider Transactions at Diodes
In other news, Director Keh Shew Lu sold 111,000 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $67.76, for a total value of $7,521,360.00. Following the completion of the sale, the director owned 180,131 shares in the company, valued at $12,205,676.56. This represents a 38.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.70% of the stock is owned by corporate insiders.
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.
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