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

Other large investors have also modified their holdings of the company. Principal Financial Group Inc. boosted its position in shares of Diodes by 2.6% during the first quarter. Principal Financial Group Inc. now owns 230,728 shares of the semiconductor company's stock valued at $9,961,000 after buying an additional 5,931 shares during the period. Oppenheimer Asset Management Inc. boosted its position in shares of Diodes by 19.7% during the first quarter. Oppenheimer Asset Management Inc. now owns 18,768 shares of the semiconductor company's stock valued at $810,000 after buying an additional 3,092 shares during the period. GAMMA Investing LLC boosted its position in shares of Diodes by 4,211.7% during the first quarter. GAMMA Investing LLC now owns 35,313 shares of the semiconductor company's stock valued at $1,524,000 after buying an additional 34,494 shares during the period. SG Americas Securities LLC purchased a new position in shares of Diodes during the first quarter valued at approximately $952,000. Finally, QRG Capital Management Inc. boosted its position in shares of Diodes by 5.4% during the first 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 during the period. Hedge funds and other institutional investors own 99.23% of the company's stock.

Diodes Stock Down 3.1%

Diodes stock traded down $1.70 during mid-day trading on Friday, reaching $52.62. 345,665 shares of the company were exchanged, compared to its average volume of 418,387. The business has a fifty day moving average of $53.31 and a 200 day moving average of $47.91. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.04 and a current ratio of 3.33. The firm has a market cap of $2.44 billion, a P/E ratio of 38.41 and a beta of 1.54. Diodes Incorporated has a 12-month low of $32.93 and a 12-month high of $67.40.

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

Analysts Set New Price Targets

A number of brokerages recently issued reports on DIOD. Wall Street Zen upgraded Diodes from a "hold" rating to a "buy" rating in a report on Sunday, August 31st. 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. Finally, Zacks Research upgraded Diodes to a "strong sell" rating in a report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Diodes presently has an average rating of "Moderate Buy" and a consensus target price of $55.00.

Insiders Place Their Bets

In other Diodes news, SVP Emily Yang sold 1,000 shares of the company's 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 completion of the sale, the senior vice president owned 59,479 shares in the company, valued at $3,352,236.44. This represents a 1.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Brett R. Whitmire sold 2,000 shares of the company's stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $55.90, for a total value of $111,800.00. Following the sale, the chief financial officer 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. 2.30% of the stock is owned by corporate insiders.

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.