Algert Global LLC Grows Position in Diodes Incorporated $DIOD

Key Points

• Algert Global increased its Diodes stake by 73.7% in the second quarter, bringing its holdings to 44,470 shares worth about $4.87 million. Institutional investors collectively own 99.23% of the company.
• Diodes beat quarterly expectations with $0.70 in EPS and $445.5 million in revenue, while revenue rose 21.7% year over year. The company issued third-quarter EPS guidance of $0.95–$1.15.
• Analyst sentiment is broadly positive: Diodes has a consensus “Buy” rating and a $135 price target, despite the stock opening at $90.86 and trading below its 50-day moving average.

Algert Global LLC grew its stake in shares of Diodes Incorporated (NASDAQ:DIOD - Free Report) by 73.7% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 44,470 shares of the semiconductor company's stock after purchasing an additional 18,870 shares during the period. Algert Global LLC owned approximately 0.10% of Diodes worth $4,867,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. EverSource Wealth Advisors LLC increased its position in shares of Diodes by 77.4% in the second quarter. EverSource Wealth Advisors LLC now owns 470 shares of the semiconductor company's stock valued at $25,000 after buying an additional 205 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in Diodes by 51.4% during the 4th quarter. Farther Finance Advisors LLC now owns 589 shares of the semiconductor company's stock valued at $29,000 after buying an additional 200 shares during the last quarter. Geneos Wealth Management Inc. acquired a new position in shares of Diodes in the second quarter worth $30,000. Quarry LP acquired a new stake in shares of Diodes during the third quarter valued at $39,000. Finally, Global Retirement Partners LLC lifted its holdings in Diodes by 563.1% in the 4th quarter. Global Retirement Partners LLC now owns 809 shares of the semiconductor company's stock valued at $40,000 after purchasing an additional 687 shares in the last quarter. Hedge funds and other institutional investors own 99.23% of the company's stock.

Diodes Stock Up 0.4%

DIOD stock opened at $90.86 on Friday. The company has a market capitalization of $4.18 billion, a P/E ratio of 49.11 and a beta of 1.91. The firm has a 50 day simple moving average of $96.31 and a 200-day simple moving average of $89.95. The company has a current ratio of 3.17, a quick ratio of 1.99 and a debt-to-equity ratio of 0.01. Diodes Incorporated has a twelve month low of $42.28 and a twelve month high of $125.99.

Diodes (NASDAQ:DIOD - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $0.70 EPS for the quarter, topping analysts' consensus estimates of $0.63 by $0.07. Diodes had a return on equity of 4.33% and a net margin of 5.27%.The business had revenue of $445.53 million during the quarter, compared to the consensus estimate of $436.60 million. During the same period last year, the firm earned $0.32 earnings per share. The company's revenue for the quarter was up 21.7% compared to the same quarter last year. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. On average, equities research analysts predict that Diodes Incorporated will post 3.15 earnings per share for the current fiscal year.

Analyst Ratings Changes

DIOD has been the subject of several analyst reports. Weiss Ratings reiterated a "hold (c)" rating on shares of Diodes in a report on Wednesday, July 15th. Truist Financial lowered their price objective on shares of Diodes from $139.00 to $133.00 and set a "buy" rating for the company in a research note on Thursday, August 6th. Zacks Research raised Diodes from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 7th. Wall Street Zen upgraded shares of Diodes from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 15th. Finally, Robert W. Baird set a $192.00 price target on Diodes in a report on Thursday, August 6th. 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 stock. According to data from MarketBeat, Diodes presently has a consensus rating of "Buy" and a consensus price target of $135.00.

About Diodes

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.

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