Andar Capital Management HK Ltd Invests $80 Million in Diodes Incorporated $DIOD

Key Points

• Andar Capital Management HK Ltd acquired 8.76 million Diodes shares worth approximately $80 million in the second quarter, representing about 19.06% of the semiconductor company and making it the investor’s ninth-largest holding.
• Diodes exceeded quarterly expectations, reporting $0.70 in EPS versus a $0.63 consensus estimate and $445.53 million in revenue, up 21.7% year over year. The company issued third-quarter EPS guidance of $0.95–$1.15.
• Analysts maintain a generally positive view, with an average rating of “Buy” and a consensus price target of $135, although insiders sold 43,370 shares worth approximately $4.74 million over the past 90 days.

Andar Capital Management HK Ltd acquired a new position in Diodes Incorporated (NASDAQ:DIOD - Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 8,755,200 shares of the semiconductor company's stock, valued at approximately $80,000,000. Diodes makes up approximately 0.2% of Andar Capital Management HK Ltd's investment portfolio, making the stock its 9th biggest holding. Andar Capital Management HK Ltd owned approximately 19.06% of Diodes at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC increased its holdings in shares of Diodes by 77.4% during the second quarter. EverSource Wealth Advisors LLC now owns 470 shares of the semiconductor company's stock valued at $25,000 after acquiring an additional 205 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in Diodes by 51.4% in the 4th quarter. Farther Finance Advisors LLC now owns 589 shares of the semiconductor company's stock worth $29,000 after purchasing an additional 200 shares in the last quarter. Geneos Wealth Management Inc. bought a new position in Diodes in the 2nd quarter worth about $30,000. Quarry LP purchased a new stake in Diodes during the 3rd quarter valued at about $39,000. Finally, Global Retirement Partners LLC increased its stake in Diodes by 563.1% during 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.

Insider Buying and Selling

In other Diodes news, CEO Gary Yu sold 3,632 shares of the company's stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $110.08, for a total transaction of $399,810.56. Following the completion of the sale, the chief executive officer directly owned 108,147 shares of the company's stock, valued at approximately $11,904,821.76. This represents a 3.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jin Zhao sold 3,689 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $106.86, for a total transaction of $394,206.54. Following the completion of the transaction, the insider owned 43,531 shares in the company, valued at $4,651,722.66. The trade was a 7.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 43,370 shares of company stock valued at $4,735,391 in the last 90 days. 1.70% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Zacks Research upgraded shares of Diodes from a "hold" rating to a "strong-buy" rating in a report on Friday, August 7th. Truist Financial decreased their price objective on shares of Diodes from $139.00 to $133.00 and set a "buy" rating for the company in a report on Thursday, August 6th. Wall Street Zen raised Diodes from a "buy" rating to a "strong-buy" rating in a research report on Saturday. Robert W. Baird set a $192.00 target price on Diodes in a research note on Thursday, August 6th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Diodes in a report on Wednesday, July 15th. One investment 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 company. Based on data from MarketBeat.com, Diodes presently has an average rating of "Buy" and a consensus price target of $135.00.

Diodes Price Performance

Shares of DIOD opened at $103.48 on Friday. The firm has a fifty day simple moving average of $98.82 and a two-hundred day simple moving average of $87.53. The firm has a market cap of $4.77 billion, a PE 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. Diodes Incorporated has a 1-year low of $42.28 and a 1-year high of $125.99.

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

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.

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