J. Goldman & Co LP Invests $2.91 Million in Diodes Incorporated $DIOD

J. Goldman & Co LP purchased a new stake in shares of Diodes Incorporated (NASDAQ:DIOD) during the second quarter, Holdings Channel reports. The institutional investor purchased 26,573 shares of the semiconductor company’s stock, valued at approximately $2,908,000.

A number of other hedge funds have also bought and sold shares of the business. AQR Capital Management LLC boosted its holdings in shares of Diodes by 12.4% in the first quarter. AQR Capital Management LLC now owns 6,028 shares of the semiconductor company’s stock worth $260,000 after acquiring an additional 663 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Diodes by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,148 shares of the semiconductor company’s stock worth $1,172,000 after purchasing an additional 1,186 shares during the period. Goldman Sachs Group Inc. grew its holdings in Diodes by 13.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 391,005 shares of the semiconductor company’s stock valued at $16,880,000 after buying an additional 47,500 shares in the last quarter. Woodline Partners LP purchased a new position in Diodes during the 1st quarter valued at about $559,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Diodes by 6.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 104,719 shares of the semiconductor company’s stock valued at $4,521,000 after buying an additional 6,708 shares during the period. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

Diodes Price Performance

Shares of Diodes stock opened at $92.95 on Wednesday. The company’s fifty day simple moving average is $97.25 and its two-hundred day simple moving average is $89.52. Diodes Incorporated has a 12-month low of $42.28 and a 12-month high of $125.99. The firm has a market cap of $4.28 billion, a PE ratio of 50.24 and a beta of 1.91. The company has a quick ratio of 1.99, a current ratio of 3.17 and a debt-to-equity ratio of 0.01.

Diodes (NASDAQ:DIOD) last issued its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.63 by $0.07. The firm had revenue of $445.53 million during the quarter, compared to the consensus estimate of $436.60 million. Diodes had a net margin of 5.27% and a return on equity of 4.33%. The company’s quarterly revenue was up 21.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.32 earnings per share. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. As a group, equities analysts expect that Diodes Incorporated will post 3.15 EPS for the current year.

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In other news, insider Richard Dallas White sold 3,000 shares of Diodes stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $106.17, for a total transaction of $318,510.00. Following the sale, the insider owned 8,071 shares of the company’s stock, valued at approximately $856,898.07. The trade was a 27.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CTO Francis Tang sold 15,330 shares of the stock in a transaction dated 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 transaction, the chief technology officer directly 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.70% of the stock is currently owned by company insiders.

Diodes 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.