Jump Financial LLC Raises Holdings in Diodes Incorporated $DIOD

Key Points

• Jump Financial LLC increased its holdings in Diodes Incorporated by 200.7% in Q1, owning approximately 55,079 shares valued at $2.38 million after acquiring additional shares during the period.
• Diodes Incorporated reported $0.32 EPS for the last quarter, surpassing analysts' expectations of $0.24, and recorded a 14.5% year-over-year revenue growth.
• The company's Board of Directors approved a $100 million share buyback program, suggesting confidence in the stock's value among the board members.

Jump Financial LLC lifted its position in shares of Diodes Incorporated (NASDAQ:DIOD - Free Report) by 200.7% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 55,079 shares of the semiconductor company's stock after acquiring an additional 36,765 shares during the quarter. Jump Financial LLC owned approximately 0.12% of Diodes worth $2,378,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in DIOD. Nisa Investment Advisors LLC boosted its position in Diodes by 1.9% during the first quarter. Nisa Investment Advisors LLC now owns 15,696 shares of the semiconductor company's stock worth $678,000 after purchasing an additional 297 shares during the period. QRG Capital Management Inc. lifted its stake in shares of Diodes by 5.4% during the 1st quarter. QRG Capital Management Inc. now owns 6,290 shares of the semiconductor company's stock valued at $272,000 after buying an additional 323 shares in the last quarter. Signaturefd LLC boosted its holdings in Diodes by 170.1% in the 1st quarter. Signaturefd LLC now owns 597 shares of the semiconductor company's stock worth $26,000 after buying an additional 376 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Diodes by 7.2% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 12,725 shares of the semiconductor company's stock worth $549,000 after buying an additional 856 shares during the period. Finally, Hsbc Holdings PLC grew its stake in Diodes by 13.1% in the 1st quarter. Hsbc Holdings PLC now owns 8,094 shares of the semiconductor company's stock valued at $344,000 after buying an additional 935 shares in the last quarter. 99.23% of the stock is currently owned by institutional investors.

Diodes Price Performance

Shares of NASDAQ DIOD opened at $55.31 on Wednesday. The stock's 50-day simple moving average is $53.20 and its two-hundred day simple moving average is $47.96. Diodes Incorporated has a twelve month low of $32.93 and a twelve month high of $70.98. The firm has a market capitalization of $2.57 billion, a P/E ratio of 40.37 and a beta of 1.47. The company has a quick ratio of 2.04, a current ratio of 3.33 and a debt-to-equity ratio of 0.01.

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, beating analysts' consensus estimates of $0.24 by $0.08. The firm had revenue of $366.20 million during the quarter, compared to the consensus estimate of $352.08 million. Diodes had a return on equity of 2.98% and a net margin of 4.59%.The company's revenue for the quarter was up 14.5% on a year-over-year basis. During the same quarter last year, the company posted $0.33 EPS. Diodes has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Diodes Incorporated will post 1.82 EPS for the current fiscal year.

Diodes declared that its Board of Directors has approved a share buyback program on Thursday, May 8th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the semiconductor company to buy up to 5.4% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Benchmark restated a "buy" rating and set a $62.00 target price (up previously from $55.00) on shares of Diodes in a research report on Friday, June 13th. Wall Street Zen cut Diodes from a "buy" rating to a "hold" rating in a report on Saturday. Finally, Zacks Research upgraded Diodes to a "strong sell" rating in a research note on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average 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.

Want to see what other hedge funds are holding DIOD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Diodes Incorporated (NASDAQ:DIOD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.