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 reduced its position in shares of Diodes Incorporated (NASDAQ:DIOD - Free Report) by 16.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,953 shares of the semiconductor company's stock after selling 7,361 shares during the period. Deutsche Bank AG owned about 0.08% of Diodes worth $1,595,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its holdings 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 acquiring an additional 168,545 shares during the period. Earnest Partners LLC grew its holdings in Diodes by 0.4% during the fourth quarter. Earnest Partners LLC now owns 2,119,097 shares of the semiconductor company's stock worth $130,685,000 after acquiring an additional 7,552 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of 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 purchasing an additional 36,488 shares during the last quarter. Northern Trust Corp increased its holdings in shares of Diodes by 9.5% in the fourth quarter. Northern Trust Corp now owns 570,564 shares of the semiconductor company's stock valued at $35,187,000 after buying an additional 49,377 shares in the last quarter. Finally, Frontier Capital Management Co. LLC boosted 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 valued at $34,045,000 after purchasing an additional 68,823 shares during the period. 99.23% of the stock is currently owned by institutional investors and hedge funds.

Diodes Trading Down 1.7%

Shares of NASDAQ:DIOD traded down $0.98 during mid-day trading on Monday, reaching $55.26. The stock had a trading volume of 392,845 shares, compared to its average volume of 499,988. The firm has a market cap of $2.57 billion, a PE ratio of 46.48 and a beta of 1.47. The firm has a 50 day simple moving average of $53.00 and a two-hundred day simple moving average of $47.91. The company has a current ratio of 3.33, a quick ratio of 2.04 and a debt-to-equity ratio of 0.01. Diodes Incorporated has a twelve month low of $32.93 and a twelve month high of $72.76.

Diodes (NASDAQ:DIOD - Get Free Report) last posted its earnings results 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. Diodes had a net margin of 4.59% and a return on equity of 2.98%. The company had revenue of $366.20 million for the quarter, compared to analyst estimates of $352.08 million. During the same period last year, the business posted $0.33 earnings per share. The business'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, research analysts predict that Diodes Incorporated will post 1.82 EPS for the current fiscal year.

Diodes announced that its board has approved a share buyback program on Thursday, May 8th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the semiconductor company to reacquire up to 5.4% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board of directors believes its stock is undervalued.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Wall Street Zen downgraded Diodes from a "buy" rating to a "hold" rating in a research note on Saturday. 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. Finally, Zacks Research upgraded Diodes to a "strong sell" rating in a research note on Friday, August 8th. 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 assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $55.00.

Diodes Company 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.