California State Teachers Retirement System Has $5.85 Million Stake in Diodes Incorporated $DIOD

Key Points

• California State Teachers Retirement System reduced its Diodes stake by 2.8% in the second quarter, retaining 53,444 shares worth approximately $5.85 million. Institutional investors collectively own 99.23% of the semiconductor company.
• Diodes reported quarterly EPS of $0.70, beating estimates of $0.63, while revenue reached $445.53 million and rose 21.7% year over year. The company issued third-quarter 2026 EPS guidance of $0.95 to $1.15.
• Shares recently traded at $89.61, down 0.8%, while analysts maintained a consensus “Buy” rating with an average price target of $135.00.

California State Teachers Retirement System cut its holdings in shares of Diodes Incorporated (NASDAQ:DIOD - Free Report) by 2.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 53,444 shares of the semiconductor company's stock after selling 1,543 shares during the period. California State Teachers Retirement System owned approximately 0.12% of Diodes worth $5,848,911 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Nykredit A S bought a new position in shares of Diodes in the second quarter worth approximately $135,000. Alyeska Investment Group L.P. purchased a new position in Diodes in the second quarter valued at $18,844,000. Hsbc Holdings PLC purchased a new stake in Diodes in the 2nd quarter valued at $707,000. Wellington Management Group LLP acquired a new stake in Diodes during the 2nd quarter worth approximately $10,112,000. Finally, Papamarkou Wellner Asset Management inc. purchased a new position in Diodes during the 2nd quarter worth approximately $268,000. Institutional investors own 99.23% of the company's stock.

Diodes Stock Down 0.8%

Shares of NASDAQ:DIOD traded down $0.69 on Tuesday, hitting $89.61. 222,031 shares of the company's stock were exchanged, compared to its average volume of 570,045. The firm's 50-day moving average is $92.15 and its 200 day moving average is $91.81. Diodes Incorporated has a 1-year low of $42.28 and a 1-year high of $125.99. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.99 and a current ratio of 3.17. The company has a market capitalization of $4.13 billion, a PE ratio of 48.55 and a beta of 1.89.

Diodes (NASDAQ:DIOD - Get Free Report) last issued its earnings results on Wednesday, August 5th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.63 by $0.07. The business had revenue of $445.53 million during the quarter, compared to analysts' expectations of $436.60 million. Diodes had a return on equity of 4.33% and a net margin of 5.27%.The company's revenue for the quarter was up 21.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.32 EPS. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. Sell-side analysts predict that Diodes Incorporated will post 3.15 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have issued reports on DIOD. Robert W. Baird set a $192.00 target price on Diodes in a research report on Thursday, August 6th. Wall Street Zen raised Diodes from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 15th. Zacks Research raised shares of Diodes from a "hold" rating to a "strong-buy" rating in a report on Friday, August 7th. Truist Financial reduced their target price on shares of Diodes from $139.00 to $133.00 and set a "buy" rating for the company in a research note on Thursday, August 6th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Diodes in a research report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Diodes presently has a consensus rating of "Buy" and a consensus price target of $135.00.

About Diodes

Diodes Incorporated is a semiconductor manufacturer that develops, manufactures and sells discrete, analog, mixed-signal and logic products. Its portfolio includes rectifiers, diodes, transistors, power-management devices, voltage regulators, load switches, signal-integrity components, timing products and automotive-qualified semiconductor solutions.

The company's products are used in power conversion, protection, switching, connectivity and signal-processing applications across the automotive, industrial, consumer electronics, computing, communications and healthcare markets.

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