Diodes Incorporated (NASDAQ:DIOD) Shares Purchased by Bridge City Capital LLC

Share on StockTwits

Bridge City Capital LLC grew its stake in shares of Diodes Incorporated (NASDAQ:DIOD) by 0.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,430 shares of the semiconductor company’s stock after acquiring an additional 243 shares during the quarter. Bridge City Capital LLC owned about 0.10% of Diodes worth $1,798,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Oregon Public Employees Retirement Fund increased its holdings in Diodes by 2.0% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 15,666 shares of the semiconductor company’s stock worth $570,000 after buying an additional 300 shares during the period. Louisiana State Employees Retirement System increased its holdings in Diodes by 2.5% in the 1st quarter. Louisiana State Employees Retirement System now owns 15,300 shares of the semiconductor company’s stock worth $531,000 after buying an additional 370 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in Diodes by 3.1% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,029 shares of the semiconductor company’s stock worth $487,000 after buying an additional 425 shares during the period. State of Alaska Department of Revenue increased its holdings in Diodes by 3.8% in the 1st quarter. State of Alaska Department of Revenue now owns 13,777 shares of the semiconductor company’s stock worth $478,000 after buying an additional 510 shares during the period. Finally, Advisors Asset Management Inc. increased its holdings in Diodes by 72.8% in the 1st quarter. Advisors Asset Management Inc. now owns 1,731 shares of the semiconductor company’s stock worth $60,000 after buying an additional 729 shares during the period. Hedge funds and other institutional investors own 80.82% of the company’s stock.

Shares of NASDAQ:DIOD opened at $38.37 on Tuesday. Diodes Incorporated has a twelve month low of $27.38 and a twelve month high of $44.27. The stock has a 50 day simple moving average of $37.47. The company has a current ratio of 3.05, a quick ratio of 2.20 and a debt-to-equity ratio of 0.18. The firm has a market cap of $2.01 billion, a P/E ratio of 15.28 and a beta of 1.22.

Diodes (NASDAQ:DIOD) last released its quarterly earnings data on Monday, August 5th. The semiconductor company reported $0.77 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.74 by $0.03. Diodes had a return on equity of 13.69% and a net margin of 9.44%. The business had revenue of $322.00 million for the quarter, compared to analyst estimates of $320.20 million. During the same quarter in the prior year, the firm posted $0.58 EPS. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. On average, research analysts anticipate that Diodes Incorporated will post 2.8 EPS for the current year.

In other Diodes news, insider Richard Dallas White sold 13,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of $31.73, for a total value of $412,490.00. Following the sale, the insider now owns 79,806 shares in the company, valued at approximately $2,532,244.38. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP Francis Tang sold 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of $31.73, for a total value of $190,380.00. Following the completion of the sale, the vice president now owns 86,217 shares in the company, valued at approximately $2,735,665.41. The disclosure for this sale can be found here. In the last 90 days, insiders sold 23,830 shares of company stock worth $812,975. Insiders own 5.30% of the company’s stock.

Several equities analysts recently weighed in on the stock. ValuEngine downgraded shares of Diodes from a “buy” rating to a “hold” rating in a report on Friday. Zacks Investment Research downgraded shares of Diodes from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 9th. Longbow Research downgraded shares of Diodes from a “buy” rating to a “neutral” rating in a report on Wednesday, April 17th. Finally, BidaskClub upgraded shares of Diodes from a “buy” rating to a “strong-buy” rating in a report on Friday. Four research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $43.00.

Diodes Company Profile

Diodes Incorporated, together with its subsidiaries, designs, manufactures, and supplies application-specific standard products in the discrete, logic, and analog and mixed-signal semiconductor markets in Asia, North America, and Europe. It primarily focuses on low pin count semiconductor devices with one or more active or passive components.

See Also: Are FAANG stocks a good investment?

Institutional Ownership by Quarter for Diodes (NASDAQ:DIOD)

Receive News & Ratings for Diodes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diodes and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

HCA Healthcare Inc  Shares Sold by Bridgeworth LLC
HCA Healthcare Inc Shares Sold by Bridgeworth LLC
Bridge City Capital LLC Raises Stock Position in Dorman Products Inc.
Bridge City Capital LLC Raises Stock Position in Dorman Products Inc.
Diodes Incorporated  Shares Purchased by Bridge City Capital LLC
Diodes Incorporated Shares Purchased by Bridge City Capital LLC
Bridgeworth LLC Reduces Stock Position in Vanguard Total International Stock ETF
Bridgeworth LLC Reduces Stock Position in Vanguard Total International Stock ETF
Quaker Chemical Corp  Shares Purchased by Bridge City Capital LLC
Quaker Chemical Corp Shares Purchased by Bridge City Capital LLC
Bridge City Capital LLC Has $1.96 Million Stock Position in Anixter International Inc.
Bridge City Capital LLC Has $1.96 Million Stock Position in Anixter International Inc.


© 2006-2019 Ticker Report