Oppenheimer Asset Management Inc. Takes $1.75 Million Position in Diodes Incorporated $DIOD

Oppenheimer Asset Management Inc. bought a new position in shares of Diodes Incorporated (NASDAQ:DIOD) during the second quarter, Holdings Channel.com reports. The fund bought 15,959 shares of the semiconductor company’s stock, valued at approximately $1,747,000.

A number of other large investors also recently modified their holdings of DIOD. California State Teachers Retirement System increased its stake in Diodes by 23.8% during the 1st quarter. California State Teachers Retirement System now owns 54,987 shares of the semiconductor company’s stock valued at $3,753,000 after purchasing an additional 10,579 shares in the last quarter. Evergreen Capital Management LLC bought a new position in shares of Diodes in the fourth quarter valued at $476,000. Bessemer Group Inc. lifted its stake in shares of Diodes by 14.5% in the fourth quarter. Bessemer Group Inc. now owns 419,648 shares of the semiconductor company’s stock valued at $20,707,000 after buying an additional 53,039 shares in the last quarter. Tributary Capital Management LLC grew its holdings in shares of Diodes by 7.1% during the fourth quarter. Tributary Capital Management LLC now owns 346,023 shares of the semiconductor company’s stock valued at $17,073,000 after buying an additional 22,903 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Diodes by 2.8% during the fourth quarter. Vanguard Group Inc. now owns 6,154,859 shares of the semiconductor company’s stock valued at $303,681,000 after buying an additional 166,603 shares during the last quarter. 99.23% of the stock is currently owned by institutional investors.

Diodes Price Performance

DIOD opened at $103.48 on Monday. Diodes Incorporated has a 1 year low of $42.28 and a 1 year high of $125.99. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.17 and a quick ratio of 1.99. The company has a market capitalization of $4.77 billion, a price-to-earnings ratio of 55.94 and a beta of 1.91. The firm’s fifty day moving average price is $98.82 and its two-hundred day moving average price is $87.74.

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

Wall Street Analyst Weigh In

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

Insiders Place Their Bets

In other Diodes news, SVP Andy Tsong sold 1,582 shares of Diodes stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $106.95, for a total transaction of $169,194.90. Following the transaction, the senior vice president owned 48,170 shares of the company’s stock, valued at $5,151,781.50. This trade represents a 3.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Gary Yu sold 3,632 shares of the business’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 completion of the transaction, the chief executive officer owned 108,147 shares in the company, valued at $11,904,821.76. The trade was a 3.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 43,370 shares of company stock worth $4,735,391 in the last ninety days. 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.