Diodes (NASDAQ:DIOD) Shares Gap Down – Should You Sell?

Diodes Incorporated (NASDAQ:DIOD) gapped down prior to trading on Thursday . The stock had previously closed at $107.04, but opened at $101.55. Diodes shares last traded at $102.0250, with a volume of 61,389 shares trading hands.

Wall Street Analyst Weigh In

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

Diodes Stock Up 6.5%

The stock has a market capitalization of $4.77 billion, a P/E ratio of 55.94 and a beta of 1.91. 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 moving average is $98.82 and its 200-day moving average is $87.53.

Diodes (NASDAQ:DIOD) last issued 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 for the quarter, compared to analysts’ expectations 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 earned $0.32 earnings per share. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. As a group, equities research analysts predict that Diodes Incorporated will post 3.15 earnings per share for the current year.

Insider Buying and Selling at Diodes

In related news, CEO Gary Yu sold 3,632 shares of the stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $110.08, for a total transaction of $399,810.56. Following the sale, the chief executive officer directly owned 108,147 shares in the company, valued at $11,904,821.76. This represents a 3.25% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Richard Dallas White sold 3,000 shares of the firm’s stock in a transaction on Friday, May 29th. The shares were sold at an average price of $106.17, for a total value of $318,510.00. Following the sale, the insider directly owned 8,071 shares of the company’s stock, valued at $856,898.07. This represents a 27.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 43,370 shares of company stock worth $4,735,391 over the last 90 days. Company insiders own 1.70% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. AQR Capital Management LLC lifted its position in shares of Diodes by 12.4% during the first quarter. AQR Capital Management LLC now owns 6,028 shares of the semiconductor company’s stock worth $260,000 after purchasing an additional 663 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Diodes by 4.6% during the first 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. increased its stake in shares of Diodes by 13.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 391,005 shares of the semiconductor company’s stock valued at $16,880,000 after acquiring an additional 47,500 shares during the last quarter. Woodline Partners LP bought a new stake in Diodes in the first quarter valued at approximately $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% in the 1st 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 in the last quarter. Institutional investors and hedge funds own 99.23% of the company’s stock.

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.