Oliver Luxxe Assets LLC Has $2.65 Million Stock Position in Diodes Incorporated $DIOD

Oliver Luxxe Assets LLC lessened its stake in shares of Diodes Incorporated (NASDAQ:DIOD) by 21.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,258 shares of the semiconductor company’s stock after selling 6,679 shares during the quarter. Oliver Luxxe Assets LLC owned about 0.05% of Diodes worth $2,655,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in DIOD. GAMMA Investing LLC increased its position in Diodes by 8.9% in the 2nd quarter. GAMMA Investing LLC now owns 3,495 shares of the semiconductor company’s stock valued at $382,000 after buying an additional 287 shares in the last quarter. Pacific Excel Wealth Advisors Inc. acquired a new position in Diodes during the 2nd quarter worth approximately $231,000. Integrated Investment Consultants LLC bought a new position in Diodes in the first quarter worth approximately $216,000. Prospect Capital Advisors LLC bought a new position in Diodes in the first quarter worth approximately $2,853,000. Finally, Bank of America Corp DE grew its stake in Diodes by 11.3% in the first quarter. Bank of America Corp DE now owns 390,807 shares of the semiconductor company’s stock valued at $26,676,000 after acquiring an additional 39,668 shares during the period. 99.23% of the stock is currently owned by institutional investors and hedge funds.

Diodes Stock Performance

Shares of DIOD opened at $105.17 on Friday. The firm has a market capitalization of $4.84 billion, a P/E ratio of 56.85 and a beta of 1.91. Diodes Incorporated has a 52 week low of $42.28 and a 52 week high of $125.99. The stock has a 50 day moving average price of $99.50 and a two-hundred day moving average price of $85.96. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.97 and a current ratio of 3.17.

Diodes (NASDAQ:DIOD) last posted its earnings results on Wednesday, August 5th. The semiconductor company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.07. The company had revenue of $445.53 million for the quarter, compared to analyst estimates of $436.60 million. Diodes had a return on equity of 4.33% and a net margin of 5.27%.The company’s revenue for the quarter was up 21.7% on a year-over-year basis. During the same quarter last year, the company earned $0.32 earnings per share. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. Equities analysts forecast that Diodes Incorporated will post 3.15 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on DIOD. Zacks Research downgraded Diodes from a “strong-buy” rating to a “hold” rating in a report on Monday, June 15th. Robert W. Baird set a $192.00 target price on Diodes in a report on Thursday. Truist Financial reduced their price target on shares of Diodes from $139.00 to $133.00 and set a “buy” rating for the company in a research report on Thursday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Diodes in a research note on Wednesday, July 15th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $135.00.

Insider Buying and Selling at Diodes

In other Diodes news, SVP Emily Yang sold 3,000 shares of Diodes stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $110.08, for a total transaction of $330,240.00. Following the transaction, the senior vice president directly owned 61,878 shares of the company’s stock, valued at $6,811,530.24. The trade was a 4.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Francis Tang sold 15,330 shares of the company’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $112.04, for a total transaction 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. The trade was a 17.67% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 70,981 shares of company stock worth $7,616,906. 1.70% of the stock is currently owned by 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.