Petrus Trust Company LTA Makes New $298,000 Investment in Diodes Incorporated $DIOD

Key Points

• Petrus Trust Company LTA invested approximately $298,000 in Diodes Incorporated by purchasing 6,910 shares during the first quarter.
• Significant holdings were also increased by other investors, including Charles Schwab and Global Alpha Capital Management, with institutional investors now owning 99.23% of the stock.
• Diodes reported a quarterly earnings surprise with $0.32 EPS, surpassing estimates, and has a current price target uplifted to $62.00 by analysts.

Petrus Trust Company LTA purchased a new position in shares of Diodes Incorporated (NASDAQ:DIOD - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 6,910 shares of the semiconductor company's stock, valued at approximately $298,000.

Several other large investors have also recently made changes to their positions in the business. Ameriprise Financial Inc. grew its holdings in shares of Diodes by 3.4% in the fourth quarter. Ameriprise Financial Inc. now owns 170,226 shares of the semiconductor company's stock worth $10,498,000 after purchasing an additional 5,660 shares during the last quarter. Brevan Howard Capital Management LP bought a new position in shares of Diodes in the fourth quarter worth approximately $251,000. Deutsche Bank AG grew its holdings in shares of Diodes by 40.1% in the fourth quarter. Deutsche Bank AG now owns 44,314 shares of the semiconductor company's stock worth $2,733,000 after purchasing an additional 12,683 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Diodes by 4.0% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,962 shares of the semiconductor company's stock worth $1,601,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Numerai GP LLC bought a new position in shares of Diodes in the fourth quarter worth approximately $539,000. 99.23% of the stock is owned by hedge funds and other institutional investors.

Diodes Stock Down 3.1%

Shares of DIOD stock traded down $1.70 during mid-day trading on Friday, reaching $52.62. 345,665 shares of the company's stock traded hands, compared to its average volume of 423,724. Diodes Incorporated has a 12 month low of $32.93 and a 12 month high of $67.40. The company has a market cap of $2.44 billion, a P/E ratio of 38.41 and a beta of 1.55. The company has a quick ratio of 2.04, a current ratio of 3.33 and a debt-to-equity ratio of 0.01. The company's 50-day moving average price is $53.31 and its 200-day moving average price is $47.97.

Diodes (NASDAQ:DIOD - Get Free Report) last announced its earnings results on Thursday, August 7th. The semiconductor company reported $0.32 EPS for the quarter, beating 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 for the quarter, compared to analysts' expectations of $352.08 million. During the same quarter in the previous year, the business posted $0.33 EPS. The company's quarterly revenue was up 14.5% on a year-over-year basis. Diodes has set its Q3 2025 guidance at EPS. On average, equities analysts expect that Diodes Incorporated will post 1.82 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Benchmark reiterated 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. Wall Street Zen upgraded shares of Diodes from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. Finally, Zacks Research upgraded shares of Diodes to a "strong sell" rating in a report on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $55.00.

Insiders Place Their Bets

In other news, SVP Emily Yang sold 1,000 shares of the business's stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $56.36, for a total transaction of $56,360.00. Following the sale, the senior vice president owned 59,479 shares in the company, valued at approximately $3,352,236.44. The trade was a 1.65% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Brett R. Whitmire sold 2,000 shares of Diodes stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $55.90, for a total value of $111,800.00. Following the completion of the transaction, the chief financial officer directly owned 48,777 shares of the company's stock, valued at approximately $2,726,634.30. This represents a 3.94% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.90% of the company's stock.

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.