Diodes (NASDAQ:DIOD) Upgraded to “Strong-Buy” at Wall Street Zen

by · The Cerbat Gem

Wall Street Zen upgraded shares of Diodes (NASDAQ:DIOD – Free Report) from a buy rating to a strong-buy rating in a research report report published on Saturday.

Other equities research analysts have also recently issued research reports about the company. Robert W. Baird set a $192.00 target price on Diodes in a research note on Thursday, August 6th. Zacks Research raised Diodes from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. Truist Financial cut their price target on Diodes from $139.00 to $133.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Diodes in a research report on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $135.00.

Check Out Our Latest Stock Report on DIOD

Diodes Stock Performance

Shares of DIOD opened at $103.48 on Friday. The company has a current ratio of 3.17, a quick ratio of 1.99 and a debt-to-equity ratio of 0.01. The firm’s fifty day simple moving average is $98.82 and its two-hundred day simple moving average is $87.53. Diodes has a 12 month low of $42.28 and a 12 month high of $125.99. The stock has a market capitalization of $4.77 billion, a P/E ratio of 55.94 and a beta of 1.91.

Diodes (NASDAQ:DIOD – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.07. The firm had revenue of $445.53 million during 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 business’s quarterly revenue was up 21.7% on a year-over-year basis. During the same period last year, the company posted $0.32 EPS. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. As a group, analysts predict that Diodes will post 3.15 EPS for the current year.

Insider Activity at Diodes

In other news, SVP Emily Yang sold 3,000 shares of the stock in a transaction dated 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 owned 61,878 shares of the company’s stock, valued at $6,811,530.24. This represents a 4.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Gary Yu sold 3,632 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $110.08, for a total value of $399,810.56. Following the transaction, the chief executive officer directly owned 108,147 shares in the company, valued at approximately $11,904,821.76. This trade represents a 3.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 43,370 shares of company stock worth $4,735,391. 1.70% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Diodes

A number of institutional investors have recently modified their holdings of the company. Captrust Financial Advisors lifted its holdings in shares of Diodes by 3.1% in the 4th quarter. Captrust Financial Advisors now owns 4,882 shares of the semiconductor company’s stock worth $241,000 after purchasing an additional 145 shares in the last quarter. Verdence Capital Advisors LLC increased its stake in Diodes by 2.3% during the 4th quarter. Verdence Capital Advisors LLC now owns 8,430 shares of the semiconductor company’s stock valued at $416,000 after purchasing an additional 186 shares in the last quarter. Strs Ohio raised its holdings in Diodes by 2.2% during the fourth quarter. Strs Ohio now owns 9,100 shares of the semiconductor company’s stock worth $449,000 after buying an additional 200 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in Diodes by 51.4% during the fourth quarter. Farther Finance Advisors LLC now owns 589 shares of the semiconductor company’s stock worth $29,000 after buying an additional 200 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in Diodes by 77.4% during the second quarter. EverSource Wealth Advisors LLC now owns 470 shares of the semiconductor company’s stock worth $25,000 after buying an additional 205 shares during the last quarter. 99.23% of the stock is owned by institutional investors and hedge funds.

About Diodes

(Get Free Report)

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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