Campbell & CO Investment Adviser LLC Buys 35,293 Shares of Diodes Incorporated $DIOD

Key Points

• Campbell & CO Investment Adviser LLC increased its stake in Diodes Incorporated by 508.3% during the first quarter, purchasing an additional 35,293 shares to own a total of 42,236 shares valued at approximately $1.8 million.
• The company reported $0.32 earnings per share for the last quarter, exceeding analyst expectations and showcasing a 14.5% year-over-year revenue growth to $366.20 million.
• Diodes has initiated a $100 million share buyback program, indicating the board's belief that its stock is currently undervalued.

Campbell & CO Investment Adviser LLC grew its stake in shares of Diodes Incorporated (NASDAQ:DIOD - Free Report) by 508.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 42,236 shares of the semiconductor company's stock after purchasing an additional 35,293 shares during the quarter. Campbell & CO Investment Adviser LLC owned approximately 0.09% of Diodes worth $1,823,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in DIOD. Charles Schwab Investment Management Inc. grew its holdings in Diodes by 5.3% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 723,733 shares of the semiconductor company's stock worth $31,244,000 after buying an additional 36,488 shares in the last quarter. Northern Trust Corp grew its holdings in Diodes by 9.5% in the 4th quarter. Northern Trust Corp now owns 570,564 shares of the semiconductor company's stock worth $35,187,000 after buying an additional 49,377 shares in the last quarter. Frontier Capital Management Co. LLC grew its holdings in Diodes by 14.2% in the 4th quarter. Frontier Capital Management Co. LLC now owns 552,054 shares of the semiconductor company's stock worth $34,045,000 after buying an additional 68,823 shares in the last quarter. Global Alpha Capital Management Ltd. grew its holdings in Diodes by 107.6% in the 1st quarter. Global Alpha Capital Management Ltd. now owns 539,170 shares of the semiconductor company's stock worth $23,276,000 after buying an additional 279,400 shares in the last quarter. Finally, Tributary Capital Management LLC grew its holdings in Diodes by 26.0% in the 1st quarter. Tributary Capital Management LLC now owns 367,306 shares of the semiconductor company's stock worth $15,857,000 after buying an additional 75,682 shares in the last quarter. 99.23% of the stock is owned by institutional investors.

Diodes Price Performance

Shares of DIOD traded down $0.37 during trading hours on Thursday, hitting $55.82. 546,872 shares of the company were exchanged, compared to its average volume of 488,546. The company has a market capitalization of $2.59 billion, a PE ratio of 40.74 and a beta of 1.47. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.33 and a quick ratio of 2.04. The firm has a fifty day simple moving average of $53.43 and a 200-day simple moving average of $48.04. Diodes Incorporated has a one year low of $32.93 and a one year high of $70.98.

Diodes (NASDAQ:DIOD - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.08. The business had revenue of $366.20 million during the quarter, compared to analyst estimates of $352.08 million. Diodes had a return on equity of 2.98% and a net margin of 4.59%.The company's revenue was up 14.5% compared to the same quarter last year. During the same period last year, the company posted $0.33 EPS. Diodes has set its Q3 2025 guidance at EPS. As a group, sell-side analysts predict that Diodes Incorporated will post 1.82 earnings per share for the current year.

Diodes announced that its Board of Directors has approved a stock buyback program on Thursday, May 8th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the semiconductor company to buy up to 5.4% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

Insider Buying and Selling at Diodes

In other news, CFO Brett R. Whitmire sold 2,000 shares of the firm's stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $55.90, for a total value of $111,800.00. Following the completion of the sale, the chief financial officer owned 48,777 shares of the company's stock, valued at $2,726,634.30. This trade represents a 3.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Emily Yang sold 1,000 shares of the firm's stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $56.36, for a total value of $56,360.00. Following the completion of the sale, the senior vice president directly owned 59,479 shares of the company's stock, valued at approximately $3,352,236.44. This trade represents a 1.65% decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.90% of the company's stock.

Wall Street Analysts Forecast Growth

DIOD has been the subject of a number of recent analyst reports. Zacks Research raised Diodes to a "strong sell" rating in a report on Friday, August 8th. Benchmark reaffirmed a "buy" rating and set a $62.00 price target (up from $55.00) on shares of Diodes in a research note on Friday, June 13th. Finally, Wall Street Zen lowered Diodes from a "buy" rating to a "hold" rating in a research note on Saturday, August 23rd. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Diodes currently has an average rating of "Moderate Buy" and an average price target of $55.00.

Diodes Profile

Diodes Incorporated, together with its subsidiaries, manufactures and supplies application-specific standard products in the broad discrete, logic, analog, and mixed-signal semiconductor markets worldwide. The company offers discrete semiconductor products, such as MOSFETs, SiC MOSFETs; data line protection, power line protection, thyristers, USB Type-C protection, and transient voltage suppressors; Schottky, small signal switching, Zener, and SiC diodes; bridges, super barrier, Schottky, Schottky bridge, and fast/ultra-fast rectifiers; and bipolar, avalanche, gate driver, and pre-bias transistors.