BlackRock Inc. Buys Shares of 7,345,758 Diodes Incorporated $DIOD

Key Points

• BlackRock acquired 7.35 million Diodes shares during the second quarter, valued at approximately $803.9 million, giving it a 15.99% stake. Institutional investors now own 99.23% of the semiconductor company.
• Diodes exceeded quarterly expectations, reporting $0.70 in EPS versus the $0.63 consensus and $445.5 million in revenue, up 21.7% year over year. The company issued third-quarter 2026 EPS guidance of $0.95 to $1.15.
• Analysts maintain a generally positive view, with a consensus “Buy” rating and an average price target of $135, compared with the stock’s reported price of $94.04.

BlackRock Inc. purchased a new position in shares of Diodes Incorporated (NASDAQ:DIOD - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 7,345,758 shares of the semiconductor company's stock, valued at approximately $803,920,000. BlackRock Inc. owned about 15.99% of Diodes as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Deutsche Bank AG bought a new stake in shares of Diodes in the second quarter worth $5,352,000. Andar Capital Management HK Ltd bought a new position in Diodes in the second quarter valued at $8,755,000. Global Retirement Partners LLC acquired a new stake in Diodes in the 2nd quarter valued at $118,000. Bank of New York Mellon Corp acquired a new stake in Diodes in the 2nd quarter valued at $41,421,000. Finally, State of Wyoming bought a new stake in Diodes during the 2nd quarter worth about $110,000. 99.23% of the stock is owned by institutional investors.

Diodes Stock Up 3.6%

Shares of DIOD opened at $94.04 on Friday. Diodes Incorporated has a 52 week low of $42.28 and a 52 week high of $125.99. The firm has a market cap of $4.33 billion, a P/E ratio of 50.83 and a beta of 1.91. The firm's 50-day simple moving average is $98.05 and its 200 day simple moving average is $88.87. 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 posted its earnings results on Wednesday, August 5th. The semiconductor company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.63 by $0.07. The company had revenue of $445.53 million for the quarter, compared to the consensus estimate of $436.60 million. Diodes had a return on equity of 4.33% and a net margin of 5.27%.The firm's revenue for the quarter was up 21.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.32 earnings per share. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. On average, analysts forecast that Diodes Incorporated will post 3.15 earnings per share for the current year.

Insider Activity

In other news, insider Jin Zhao sold 3,689 shares of Diodes stock in a transaction 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 sale, the insider owned 43,531 shares of the company's stock, valued at approximately $4,651,722.66. This trade represents a 7.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Emily Yang sold 3,000 shares of the business's stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $110.08, for a total transaction of $330,240.00. Following the completion of the sale, the senior vice president directly owned 61,878 shares of the company's stock, valued at approximately $6,811,530.24. The trade was a 4.62% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 41,370 shares of company stock worth $4,541,771. Corporate insiders own 1.70% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Robert W. Baird set a $192.00 price objective on Diodes in a report on Thursday, August 6th. Zacks Research upgraded Diodes from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 7th. Truist Financial dropped their price objective on Diodes from $139.00 to $133.00 and set a "buy" rating on the stock in a research note on Thursday, August 6th. Weiss Ratings reissued a "hold (c)" rating on shares of Diodes in a report on Wednesday, July 15th. Finally, Wall Street Zen raised shares of Diodes from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 15th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $135.00.

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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