PDT Partners LLC Takes Position in Diodes Incorporated $DIOD

Key Points

• PDT Partners acquired 46,218 shares of Diodes worth approximately $5.1 million, representing about 0.10% of the company. Institutional investors collectively own 99.23% of Diodes.
• Diodes exceeded quarterly expectations, reporting $0.70 in EPS versus the $0.63 consensus and revenue of $445.5 million, up 21.7% year over year. The company issued third-quarter 2026 EPS guidance of $0.95 to $1.15.
• Shares opened at $92.95, while analysts maintain a consensus “Buy” rating and a $135 price target. However, two insiders recently sold shares, reducing their respective positions.

PDT Partners LLC bought a new stake in Diodes Incorporated (NASDAQ:DIOD - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 46,218 shares of the semiconductor company's stock, valued at approximately $5,058,000. PDT Partners LLC owned approximately 0.10% of Diodes at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of DIOD. California State Teachers Retirement System increased its stake in Diodes by 23.8% in the first quarter. California State Teachers Retirement System now owns 54,987 shares of the semiconductor company's stock valued at $3,753,000 after acquiring an additional 10,579 shares during the period. Bessemer Group Inc. lifted its stake in Diodes by 14.5% during the fourth quarter. Bessemer Group Inc. now owns 419,648 shares of the semiconductor company's stock worth $20,707,000 after purchasing an additional 53,039 shares during the period. Vanguard Group Inc. lifted its stake in Diodes by 2.8% during the fourth quarter. Vanguard Group Inc. now owns 6,154,859 shares of the semiconductor company's stock worth $303,681,000 after purchasing an additional 166,603 shares during the period. Geode Capital Management LLC boosted its holdings in Diodes by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 1,350,436 shares of the semiconductor company's stock valued at $66,640,000 after purchasing an additional 11,799 shares in the last quarter. Finally, Calamos Advisors LLC acquired a new stake in Diodes during the first quarter valued at approximately $1,798,000. Institutional investors and hedge funds own 99.23% of the company's stock.

Insider Transactions at Diodes

In other Diodes news, insider Richard Dallas White sold 3,000 shares of Diodes stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $106.17, for a total value of $318,510.00. Following the sale, the insider owned 8,071 shares of the company's stock, valued at $856,898.07. This trade represents a 27.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CTO Francis Tang sold 15,330 shares of the business's stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $112.04, for a total value of $1,717,573.20. Following the completion of the sale, the chief technology officer owned 71,438 shares in the company, valued at approximately $8,003,913.52. This trade represents a 17.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.70% of the stock is currently owned by corporate insiders.

Diodes Price Performance

Shares of DIOD stock opened at $92.95 on Wednesday. Diodes Incorporated has a 12-month low of $42.28 and a 12-month high of $125.99. The company has a quick ratio of 1.99, a current ratio of 3.17 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $4.28 billion, a price-to-earnings ratio of 50.24 and a beta of 1.91. The firm has a fifty day moving average of $97.25 and a 200-day moving average of $89.52.

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

Analyst Ratings Changes

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

Diodes Company Profile

Diodes Incorporated NASDAQ: DIOD is a global manufacturer and supplier of high‐performance discrete, logic, analog and mixed‐signal semiconductor products. Headquartered in Plano, Texas, the company designs and develops a broad range of discrete components, standard logic functions, power management circuits, interface products and array products. Its portfolio includes rectifiers, MOSFETs, general‐purpose diodes, voltage regulators, comparators, buffers and other building blocks for electronic systems.

Diodes Incorporated serves a variety of end markets such as automotive, computing, communications, consumer electronics, industrial and lighting.

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