Charles Schwab Investment Management Inc. Raises Holdings in Diodes Incorporated $DIOD

Key Points

• Charles Schwab Investment Management Inc. has increased its holdings in Diodes Incorporated by 5.3%, now owning approximately 1.56% of the company, valued at $31.24 million.
• Diodes' recent earnings report showed an EPS of $0.32, exceeding estimates and demonstrating a revenue growth of 14.5% year-over-year.
• The company has approved a $100 million share repurchase program, signaling confidence in its stock valuation amidst a market capitalization of $2.46 billion.

Charles Schwab Investment Management Inc. increased its holdings in shares of Diodes Incorporated (NASDAQ:DIOD - Free Report) by 5.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 723,733 shares of the semiconductor company's stock after buying an additional 36,488 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.56% of Diodes worth $31,244,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Nisa Investment Advisors LLC grew its stake in Diodes by 1.9% during the 1st quarter. Nisa Investment Advisors LLC now owns 15,696 shares of the semiconductor company's stock worth $678,000 after buying an additional 297 shares during the last quarter. QRG Capital Management Inc. grew its stake in Diodes by 5.4% during the 1st quarter. QRG Capital Management Inc. now owns 6,290 shares of the semiconductor company's stock worth $272,000 after buying an additional 323 shares during the last quarter. Signaturefd LLC grew its stake in Diodes by 170.1% during the 1st quarter. Signaturefd LLC now owns 597 shares of the semiconductor company's stock worth $26,000 after buying an additional 376 shares during the last quarter. Bank of Montreal Can grew its stake in Diodes by 8.5% during the 4th quarter. Bank of Montreal Can now owns 6,100 shares of the semiconductor company's stock worth $376,000 after buying an additional 476 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Diodes by 7.2% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,725 shares of the semiconductor company's stock worth $549,000 after buying an additional 856 shares during the last quarter. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

Diodes Stock Performance

Diodes stock traded down $0.98 during trading hours on Monday, hitting $55.26. 392,845 shares of the stock traded hands, compared to its average volume of 499,988. 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's 50 day moving average price is $53.09 and its 200-day moving average price is $47.91. The stock has a market capitalization of $2.57 billion, a price-to-earnings ratio of 40.34 and a beta of 1.47. Diodes Incorporated has a 1 year low of $32.93 and a 1 year high of $72.76.

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

Diodes announced that its board has authorized a stock buyback plan on Thursday, May 8th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the semiconductor company to reacquire up to 5.4% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its shares are undervalued.

Analysts Set New Price Targets

Several brokerages recently weighed in on DIOD. Wall Street Zen downgraded Diodes from a "buy" rating to a "hold" rating in a research note on Saturday. Zacks Research upgraded Diodes to a "strong sell" rating in a research note on Friday, August 8th. Finally, Benchmark restated a "buy" rating and set a $62.00 target price (up from $55.00) on shares of Diodes in a research note on Friday, June 13th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Diodes has an average rating of "Moderate Buy" and an average target price 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.