Raymond James Financial Inc. Sells 4,856 Shares of Diodes Incorporated $DIOD

Key Points

• Raymond James Financial Inc. has reduced its stake in Diodes Incorporated by 4.2%, now holding 109,670 shares valued at approximately $4.7 million.
• Multiple institutional investors have increased their positions in Diodes, with notable growth from Signaturefd LLC at 170.1% in the 1st quarter.
• Analyst ratings for Diodes vary, with Zacks recommending a "strong sell" while others, including Wall Street Zen, upgraded the stock from "hold" to "buy".

Raymond James Financial Inc. decreased its position in shares of Diodes Incorporated (NASDAQ:DIOD - Free Report) by 4.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 109,670 shares of the semiconductor company's stock after selling 4,856 shares during the period. Raymond James Financial Inc. owned about 0.24% of Diodes worth $4,735,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Signaturefd LLC increased its holdings in shares of Diodes by 170.1% during the first quarter. Signaturefd LLC now owns 597 shares of the semiconductor company's stock worth $26,000 after buying an additional 376 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Diodes during the first quarter worth approximately $70,000. Y Intercept Hong Kong Ltd acquired a new stake in shares of Diodes in the first quarter valued at approximately $212,000. Integrated Investment Consultants LLC acquired a new stake in shares of Diodes in the first quarter valued at approximately $227,000. Finally, First National Advisers LLC acquired a new stake in shares of Diodes in the first quarter valued at approximately $236,000. Institutional investors and hedge funds own 99.23% of the company's stock.

Analyst Upgrades and Downgrades

DIOD has been the subject of a number of research reports. Zacks Research raised shares of Diodes to a "strong sell" rating in a report on Friday, August 8th. Benchmark reissued a "buy" rating and issued a $62.00 price target (up previously from $55.00) on shares of Diodes in a report on Friday, June 13th. Finally, Wall Street Zen raised shares of Diodes from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. 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 stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $55.00.

Insiders Place Their Bets

In other news, CFO Brett R. Whitmire sold 2,000 shares of Diodes stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $55.90, for a total transaction of $111,800.00. Following the transaction, the chief financial officer directly owned 48,777 shares of the company's stock, valued at $2,726,634.30. This trade represents a 3.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Emily Yang sold 1,000 shares of Diodes stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $56.36, for a total transaction of $56,360.00. Following the transaction, the senior vice president directly owned 59,479 shares in the company, 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. Company insiders own 1.90% of the company's stock.

Diodes Trading Up 3.4%

DIOD traded up $1.79 during trading on Thursday, reaching $54.32. 430,060 shares of the company's stock were exchanged, compared to its average volume of 418,829. The company's fifty day moving average price is $53.40 and its 200-day moving average price is $47.98. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.04 and a current ratio of 3.33. Diodes Incorporated has a fifty-two week low of $32.93 and a fifty-two week high of $67.40. The firm has a market capitalization of $2.52 billion, a PE ratio of 39.65 and a beta of 1.55.

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

About Diodes

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.