Deutsche Bank AG Sells 7,361 Shares of Diodes Incorporated $DIOD

Key Points

• Deutsche Bank AG has reduced its stake in Diodes Incorporated by 16.6%, selling 7,361 shares and now owning approximately 0.08% of the company valued at $1,595,000.
• Diodes reported better-than-expected earnings of $0.32 per share for the last quarter, surpassing analysts' estimates and showing a 14.5% increase in revenue year-over-year, amounting to $366.20 million.
• The company has authorized a $100 million stock repurchase plan, indicating management's belief that its stock is undervalued, as they plan to buy up to 5.4% of outstanding shares.

Deutsche Bank AG trimmed its stake in Diodes Incorporated (NASDAQ:DIOD - Free Report) by 16.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 36,953 shares of the semiconductor company's stock after selling 7,361 shares during the period. Deutsche Bank AG owned 0.08% of Diodes worth $1,595,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of DIOD. Dimensional Fund Advisors LP lifted its position in shares of Diodes by 8.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,238,567 shares of the semiconductor company's stock worth $138,053,000 after purchasing an additional 168,545 shares during the period. Tributary Capital Management LLC lifted its position in shares of 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 purchasing an additional 75,682 shares during the period. Frontier Capital Management Co. LLC lifted its position in shares of 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 purchasing an additional 68,823 shares during the period. Northern Trust Corp lifted its position in shares of 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 purchasing an additional 49,377 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Diodes in the 1st quarter worth about $2,026,000. 99.23% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently commented on DIOD shares. Zacks Research raised shares of Diodes to a "strong sell" rating in a research report on Friday, August 8th. Benchmark reaffirmed a "buy" rating and issued a $62.00 target price (up from $55.00) on shares of Diodes in a research report on Friday, June 13th. Finally, Wall Street Zen lowered shares of Diodes from a "buy" rating to a "hold" rating in a research note on Saturday, August 23rd. One investment 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 given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $55.00.

Diodes Stock Down 0.7%

Shares of Diodes stock traded down $0.37 during trading on Thursday, hitting $55.82. The company's stock had a trading volume of 546,872 shares, compared to its average volume of 488,546. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.04 and a current ratio of 3.33. The company has a fifty day simple moving average of $53.43 and a two-hundred day simple moving average of $48.04. The company has a market capitalization of $2.59 billion, a PE ratio of 40.74 and a beta of 1.47. Diodes Incorporated has a 52 week low of $32.93 and a 52 week high of $70.98.

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

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

Insider Transactions at Diodes

In other Diodes 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 transaction of $111,800.00. Following the completion of the sale, the chief financial officer directly owned 48,777 shares in the company, valued at approximately $2,726,634.30. This trade represents a 3.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Emily Yang sold 1,000 shares of the firm'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 sale, the senior vice president owned 59,479 shares of the company's stock, valued at approximately $3,352,236.44. This represents a 1.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.90% of the stock is currently owned by company insiders.

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.