Caxton Associates LLP Invests $930,000 in Diodes Incorporated $DIOD

Key Points

• Caxton Associates LLP has taken a new position in Diodes Incorporated, acquiring 21,546 shares valued at approximately $930,000 during the first quarter.
• Multiple hedge funds have increased their stakes in Diodes, with Goldman Sachs growing its holdings by 13.8%, bringing its total to 391,005 shares worth about $16.88 million.
• Analysts have varied opinions on Diodes, with one upgrade from a "hold" to a "buy" rating and a revised price target of $62.00 reflected in recent reports.

Caxton Associates LLP acquired a new position in Diodes Incorporated (NASDAQ:DIOD - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 21,546 shares of the semiconductor company's stock, valued at approximately $930,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Signaturefd LLC raised its stake in shares of Diodes by 170.1% in the first quarter. Signaturefd LLC now owns 597 shares of the semiconductor company's stock worth $26,000 after buying an additional 376 shares during the period. Caitong International Asset Management Co. Ltd purchased a new position in Diodes during the first quarter valued at $70,000. AlphaQuest LLC bought a new stake in shares of Diodes in the first quarter worth about $154,000. Y Intercept Hong Kong Ltd bought a new position in Diodes during the first quarter valued at approximately $212,000. Finally, Integrated Investment Consultants LLC purchased a new position in Diodes during the 1st quarter valued at approximately $227,000. 99.23% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on DIOD shares. Benchmark reissued a "buy" rating and issued a $62.00 price objective (up from $55.00) on shares of Diodes in a research note on Friday, June 13th. Zacks Research upgraded Diodes to a "strong sell" rating in a research report on Friday, August 8th. Finally, Wall Street Zen raised Diodes from a "hold" rating to a "buy" rating in a research note on Sunday, August 31st. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $55.00.

Insider Buying and Selling at Diodes

In related news, CFO Brett R. Whitmire sold 2,000 shares of the firm's stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $55.90, for a total value of $111,800.00. Following the transaction, 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 position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Emily Yang sold 1,000 shares of the business's stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $56.36, for a total transaction 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 ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.90% of the company's stock.

Diodes Trading Down 3.1%

Diodes stock traded down $1.70 during midday trading on Friday, reaching $52.62. The stock had a trading volume of 345,665 shares, compared to its average volume of 423,724. The company has a quick ratio of 2.04, a current ratio of 3.33 and a debt-to-equity ratio of 0.01. The firm has a market cap of $2.44 billion, a price-to-earnings ratio of 38.41 and a beta of 1.55. Diodes Incorporated has a 52-week low of $32.93 and a 52-week high of $67.40. The company has a fifty day moving average of $53.31 and a 200 day moving average of $47.97.

Diodes (NASDAQ:DIOD - Get Free Report) last announced its earnings results on Thursday, August 7th. The semiconductor company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.08. Diodes had a return on equity of 2.98% and a net margin of 4.59%.The business had revenue of $366.20 million during the quarter, compared to analyst estimates of $352.08 million. During the same quarter in the previous year, the business earned $0.33 earnings per share. The company's revenue for the quarter was up 14.5% compared to the same quarter last year. Diodes has set its Q3 2025 guidance at EPS. On average, analysts anticipate that Diodes Incorporated will post 1.82 earnings per share for the current fiscal year.

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.