17,815 Shares in Diodes Incorporated $DIOD Bought by Capital Fund Management S.A.

Key Points

• Capital Fund Management S.A. purchased 17,815 shares of Diodes Incorporated for approximately $769,000 in the first quarter, indicating growing institutional interest in the semiconductor company.
• A number of institutional investors, including First Trust Advisors LP and Tower Research Capital LLC, have significantly increased their positions in Diodes, reflecting confidence in the company's performance and growth potential.
• Diodes recently reported quarterly earnings that surpassed expectations, showing a 14.5% increase in revenue year-over-year, alongside a new share repurchase plan of up to $100 million to buy back shares, which signals the management's belief in the stock's undervaluation.

Capital Fund Management S.A. bought a new position in shares of Diodes Incorporated (NASDAQ:DIOD - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 17,815 shares of the semiconductor company's stock, valued at approximately $769,000.

A number of other institutional investors have also bought and sold shares of DIOD. First Trust Advisors LP boosted its position in Diodes by 45.8% during the fourth quarter. First Trust Advisors LP now owns 57,028 shares of the semiconductor company's stock valued at $3,517,000 after acquiring an additional 17,913 shares during the last quarter. MetLife Investment Management LLC boosted its position in Diodes by 4.2% during the fourth quarter. MetLife Investment Management LLC now owns 27,433 shares of the semiconductor company's stock valued at $1,692,000 after acquiring an additional 1,117 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in Diodes by 75.1% during the fourth quarter. Tower Research Capital LLC TRC now owns 5,296 shares of the semiconductor company's stock valued at $327,000 after acquiring an additional 2,271 shares during the last quarter. Northern Trust Corp boosted its position in Diodes by 9.5% during the fourth quarter. Northern Trust Corp now owns 570,564 shares of the semiconductor company's stock valued at $35,187,000 after acquiring an additional 49,377 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC bought a new stake in Diodes during the fourth quarter valued at $499,000. Institutional investors own 99.23% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have commented on DIOD. Zacks Research raised shares of Diodes to a "strong sell" rating in a research report on Friday, August 8th. Wall Street Zen cut shares of Diodes from a "buy" rating to a "hold" rating in a research report on Saturday. Finally, Benchmark reaffirmed a "buy" rating and issued a $62.00 price target (up from $55.00) on shares of Diodes in a research note on Friday, June 13th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Diodes has a consensus rating of "Moderate Buy" and an average price target of $55.00.

Diodes Trading Up 0.1%

DIOD opened at $55.31 on Wednesday. Diodes Incorporated has a 1-year low of $32.93 and a 1-year high of $70.98. The company has a market cap of $2.57 billion, a P/E ratio of 40.37 and a beta of 1.47. The company has a fifty day moving average price of $53.20 and a two-hundred day moving average price of $47.96. The company has a current ratio of 3.33, a quick ratio of 2.04 and a debt-to-equity ratio of 0.01.

Diodes (NASDAQ:DIOD - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.32 earnings per share for the quarter, beating analysts' consensus estimates of $0.24 by $0.08. Diodes had a net margin of 4.59% and a return on equity of 2.98%. The firm had revenue of $366.20 million for the quarter, compared to analyst estimates of $352.08 million. During the same period last year, the firm earned $0.33 earnings per share. The business's quarterly revenue was up 14.5% compared to the same quarter last year. Diodes has set its Q3 2025 guidance at EPS. Analysts predict that Diodes Incorporated will post 1.82 EPS for the current fiscal year.

Diodes declared that its board has authorized a share repurchase plan on Thursday, May 8th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the semiconductor company to repurchase up to 5.4% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's management believes its shares are undervalued.

Diodes Company Profile

Diodes Incorporated, together with its subsidiaries, manufactures and supplies application-specific standard products in the broad discrete, logic, analog, and mixed-signal semiconductor markets worldwide. The company offers discrete semiconductor products, such as MOSFETs, SiC MOSFETs; data line protection, power line protection, thyristers, USB Type-C protection, and transient voltage suppressors; Schottky, small signal switching, Zener, and SiC diodes; bridges, super barrier, Schottky, Schottky bridge, and fast/ultra-fast rectifiers; and bipolar, avalanche, gate driver, and pre-bias transistors.

Want to see what other hedge funds are holding DIOD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Diodes Incorporated (NASDAQ:DIOD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.