California State Teachers Retirement System Purchases 10,579 Shares of Diodes Incorporated $DIOD

Key Points

• California State Teachers Retirement System increased its Diodes stake by 23.8%, purchasing 10,579 additional shares to own 54,987 shares worth approximately $3.75 million. Institutional investors collectively hold 99.23% of the semiconductor company.
• Diodes reported quarterly EPS of $0.70, exceeding the $0.63 consensus estimate, while revenue rose 21.7% year over year to $445.53 million. The company issued third-quarter 2026 EPS guidance of $0.95 to $1.15.
• Analyst sentiment remains positive overall, with a consensus “Moderate Buy” rating and a $135 price target, although insiders sold 70,981 shares worth about $7.6 million over the past 90 days.

California State Teachers Retirement System boosted its position in Diodes Incorporated (NASDAQ:DIOD - Free Report) by 23.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 54,987 shares of the semiconductor company's stock after acquiring an additional 10,579 shares during the period. California State Teachers Retirement System owned 0.12% of Diodes worth $3,753,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in DIOD. Vanguard Group Inc. lifted its stake in shares of Diodes by 2.8% in the fourth quarter. Vanguard Group Inc. now owns 6,154,859 shares of the semiconductor company's stock valued at $303,681,000 after buying an additional 166,603 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Diodes by 2.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,436,359 shares of the semiconductor company's stock worth $166,294,000 after acquiring an additional 53,934 shares during the last quarter. Geode Capital Management LLC lifted its position in Diodes by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 1,350,436 shares of the semiconductor company's stock valued at $66,640,000 after acquiring an additional 11,799 shares in the last quarter. Global Alpha Capital Management Ltd. lifted its position in Diodes by 1.6% in the 4th quarter. Global Alpha Capital Management Ltd. now owns 855,090 shares of the semiconductor company's stock valued at $42,190,000 after acquiring an additional 13,420 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in Diodes by 2.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 797,316 shares of the semiconductor company's stock valued at $39,340,000 after purchasing an additional 17,506 shares during the last quarter. Institutional investors and hedge funds own 99.23% of the company's stock.

Diodes Trading Up 6.5%

NASDAQ:DIOD opened at $105.17 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.97 and a current ratio of 3.17. The firm has a market cap of $4.84 billion, a price-to-earnings ratio of 56.85 and a beta of 1.91. Diodes Incorporated has a 52 week low of $42.28 and a 52 week high of $125.99. The firm has a 50-day moving average price of $99.50 and a two-hundred day moving average price of $85.96.

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, topping the consensus estimate of $0.63 by $0.07. The firm had revenue of $445.53 million for the quarter, compared to analysts' expectations of $436.60 million. Diodes had a net margin of 5.27% and a return on equity of 4.33%. The company's quarterly revenue was up 21.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.32 EPS. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. On average, equities analysts expect that Diodes Incorporated will post 3.15 earnings per share for the current fiscal year.

Insider Buying and Selling at Diodes

In other news, CTO Francis Tang sold 15,330 shares of Diodes stock in a transaction on 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 sale, the chief technology officer directly owned 71,438 shares in the company, valued at $8,003,913.52. The trade was a 17.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Emily Yang sold 3,000 shares of the 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 transaction, the senior vice president 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. Insiders sold a total of 70,981 shares of company stock valued at $7,616,906 in the last ninety days. 1.70% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

DIOD has been the subject of a number of recent research reports. Zacks Research lowered Diodes from a "strong-buy" rating to a "hold" rating in a report on Monday, June 15th. Robert W. Baird set a $192.00 target price on Diodes in a research report on Thursday. Weiss Ratings reiterated a "hold (c)" rating on shares of Diodes in a report on Wednesday, July 15th. Finally, 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. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, Diodes presently has a consensus rating of "Moderate 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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