Corient Private Wealth LP Purchases New Holdings in Diodes Incorporated $DIOD

Key Points

• Corient Private Wealth purchased 11,895 shares of Diodes, valued at approximately $1.3 million, while other institutional investors also increased their positions. Institutions and hedge funds now own 99.23% of DIOD’s outstanding shares.
• Analyst sentiment is broadly positive: Diodes has an average “Buy” rating and a consensus price target of $135, with several firms recently upgrading the stock to “Strong Buy.”
• Diodes beat quarterly expectations with $0.70 in EPS versus $0.63 expected and revenue of $445.5 million, up 21.7% year over year. Shares opened at $91.79, compared with a 52-week range of $42.28 to $125.99.

Corient Private Wealth LP acquired a new stake in shares of Diodes Incorporated (NASDAQ:DIOD - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 11,895 shares of the semiconductor company's stock, valued at approximately $1,302,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. AQR Capital Management LLC raised its holdings in Diodes by 12.4% in the first quarter. AQR Capital Management LLC now owns 6,028 shares of the semiconductor company's stock valued at $260,000 after acquiring an additional 663 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Diodes by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,148 shares of the semiconductor company's stock valued at $1,172,000 after purchasing an additional 1,186 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Diodes by 13.8% during the first quarter. Goldman Sachs Group Inc. now owns 391,005 shares of the semiconductor company's stock worth $16,880,000 after purchasing an additional 47,500 shares during the last quarter. Woodline Partners LP acquired a new position in Diodes in the first quarter worth about $559,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Diodes by 6.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 104,719 shares of the semiconductor company's stock valued at $4,521,000 after buying an additional 6,708 shares during the last quarter. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Robert W. Baird set a $192.00 price objective on Diodes 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. Truist Financial lowered their price target on shares of Diodes from $139.00 to $133.00 and set a "buy" rating for the company in a research report on Thursday, August 6th. Wall Street Zen raised shares of Diodes from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 15th. Finally, Zacks Research upgraded shares of Diodes from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 7th. One equities 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 stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of $135.00.

Diodes Stock Performance

Shares of DIOD opened at $91.79 on Friday. The company has a 50-day moving average of $93.33 and a two-hundred day moving average of $90.68. The stock has a market cap of $4.23 billion, a price-to-earnings ratio of 49.62 and a beta of 1.89. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.17 and a quick ratio of 1.99. Diodes Incorporated has a one year low of $42.28 and a one year high of $125.99.

Diodes (NASDAQ:DIOD - Get Free Report) last issued its quarterly 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. Diodes had a net margin of 5.27% and a return on equity of 4.33%. The business had revenue of $445.53 million during the quarter, compared to the consensus estimate of $436.60 million. During the same quarter in the prior year, the firm earned $0.32 EPS. The firm's quarterly revenue was up 21.7% on a year-over-year basis. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. On average, equities research analysts expect that Diodes Incorporated will post 3.15 earnings per share for the current year.

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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