Andar Capital Management HK Ltd Takes $8.76 Million Position in Diodes Incorporated $DIOD

Andar Capital Management HK Ltd bought a new position in shares of Diodes Incorporated (NASDAQ:DIOD - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 80,000 shares of the semiconductor company's stock, valued at approximately $8,755,000. Diodes makes up about 3.9% of Andar Capital Management HK Ltd's holdings, making the stock its 8th largest holding. Andar Capital Management HK Ltd owned about 0.17% of Diodes as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in DIOD. EverSource Wealth Advisors LLC raised its position 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 worth $25,000 after purchasing an additional 205 shares during the period. Farther Finance Advisors LLC lifted its position in shares of Diodes by 51.4% in the 4th quarter. Farther Finance Advisors LLC now owns 589 shares of the semiconductor company's stock valued at $29,000 after acquiring an additional 200 shares in the last quarter. Geneos Wealth Management Inc. acquired a new position in Diodes during the second quarter valued at $30,000. Quarry LP purchased a new stake in Diodes in the 3rd quarter worth about $39,000. Finally, Global Retirement Partners LLC boosted its position in Diodes by 563.1% during the 4th quarter. Global Retirement Partners LLC now owns 809 shares of the semiconductor company's stock worth $40,000 after acquiring an additional 687 shares during the period. Institutional investors and hedge funds own 99.23% of the company's stock.

Diodes Price Performance

NASDAQ DIOD opened at $103.48 on Monday. The stock has a 50-day simple moving average of $98.82 and a 200 day simple moving average of $87.74. Diodes Incorporated has a twelve month low of $42.28 and a twelve month high of $125.99. The stock has a market capitalization of $4.77 billion, a PE ratio of 55.94 and a beta of 1.91. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.99 and a current ratio of 3.17.

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

Wall Street Analyst Weigh In

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

Insider Activity

In other news, insider Jin Zhao sold 3,689 shares of the stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $106.86, for a total value of $394,206.54. Following the completion of the transaction, the insider owned 43,531 shares in the company, valued at approximately $4,651,722.66. This represents a 7.81% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CTO Francis Tang sold 15,330 shares of the firm's stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $112.04, for a total transaction of $1,717,573.20. Following the transaction, the chief technology officer directly owned 71,438 shares of the company's stock, valued at $8,003,913.52. The trade was a 17.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 43,370 shares of company stock valued at $4,735,391. Corporate insiders own 1.70% of the company's stock.

Diodes 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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