Diodes (NASDAQ:DIOD) Upgraded at Wall Street Zen

by · The Cerbat Gem

Wall Street Zen upgraded shares of Diodes (NASDAQ:DIOD – Free Report) from a hold rating to a buy rating in a report released on Sunday morning.

Other research analysts have also recently issued research reports about the stock. Benchmark reiterated a “buy” rating and set a $62.00 price objective (up previously from $55.00) on shares of Diodes in a research report on Friday, June 13th. Zacks Research upgraded shares of Diodes to a “strong sell” rating in a report on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $55.00.

Read Our Latest Stock Analysis on Diodes

Diodes Trading Down 2.3%

DIOD stock opened at $53.20 on Friday. The company has a quick ratio of 2.04, a current ratio of 3.33 and a debt-to-equity ratio of 0.01. Diodes has a twelve month low of $32.93 and a twelve month high of $68.36. The stock has a market capitalization of $2.47 billion, a price-to-earnings ratio of 38.83 and a beta of 1.55. The firm’s fifty day simple moving average is $53.56 and its two-hundred day simple moving average is $48.04.

Diodes (NASDAQ:DIOD – Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.08. Diodes had a net margin of 4.59% and a return on equity of 2.98%. The business had revenue of $366.20 million for the quarter, compared to analysts’ expectations of $352.08 million. During the same quarter in the previous year, the business posted $0.33 earnings per share. The business’s revenue was up 14.5% compared to the same quarter last year. Diodes has set its Q3 2025 guidance at EPS. As a group, analysts anticipate that Diodes will post 1.82 earnings per share for the current year.

Diodes announced that its board has authorized a share buyback program on Thursday, May 8th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the semiconductor company to repurchase up to 5.4% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.

Insider Transactions at Diodes

In other Diodes news, CFO Brett R. Whitmire sold 2,000 shares of the stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $55.90, for a total transaction of $111,800.00. Following the completion of the sale, the chief financial officer directly owned 48,777 shares of the company’s stock, valued at approximately $2,726,634.30. This represents a 3.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Emily Yang sold 1,000 shares of the stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $56.36, for a total transaction of $56,360.00. Following the sale, the senior vice president directly owned 59,479 shares of the company’s stock, valued at approximately $3,352,236.44. The trade was a 1.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.30% of the stock is owned by corporate insiders.

Institutional Trading of Diodes

Hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC lifted its position in shares of Diodes by 77.4% during the second quarter. EverSource Wealth Advisors LLC now owns 470 shares of the semiconductor company’s stock valued at $25,000 after buying an additional 205 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in shares of Diodes by 283.1% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 544 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 402 shares during the last quarter. Geneos Wealth Management Inc. purchased a new position in shares of Diodes in the 2nd quarter valued at approximately $30,000. Signaturefd LLC raised its position in shares of Diodes by 170.1% in the 1st quarter. Signaturefd LLC now owns 597 shares of the semiconductor company’s stock valued at $26,000 after purchasing an additional 376 shares during the last quarter. Finally, Fifth Third Bancorp raised its position in shares of Diodes by 85.8% in the 2nd quarter. Fifth Third Bancorp now owns 628 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 290 shares during the last quarter. 99.23% of the stock is owned by hedge funds and other institutional investors.

About Diodes

(Get Free Report)

Diodes Incorporated, together with its subsidiaries, manufactures and supplies application-specific standard products in the broad discrete, logic, analog, and mixed-signal semiconductor markets worldwide. The company offers discrete semiconductor products, such as MOSFETs, SiC MOSFETs; data line protection, power line protection, thyristers, USB Type-C protection, and transient voltage suppressors; Schottky, small signal switching, Zener, and SiC diodes; bridges, super barrier, Schottky, Schottky bridge, and fast/ultra-fast rectifiers; and bipolar, avalanche, gate driver, and pre-bias transistors.

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