Quantbot Technologies LP Grows Holdings in Diodes Incorporated $DIOD

Key Points

• Quantbot Technologies LP significantly increased its stake in Diodes Incorporated by 5,672.1%, owning 73,594 shares worth approximately $3.18 million as of the latest SEC filing.
• Diodes reported a quarterly earnings beat with $0.32 earnings per share, exceeding expectations of $0.24, and revenue of $366.20 million, up 14.5% year-over-year.
• The company's stock buyback plan authorizes $100 million to repurchase shares, indicating a belief that the stock is undervalued according to its management.

Quantbot Technologies LP lifted its holdings in shares of Diodes Incorporated (NASDAQ:DIOD - Free Report) by 5,672.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 73,594 shares of the semiconductor company's stock after acquiring an additional 72,319 shares during the period. Quantbot Technologies LP owned 0.16% of Diodes worth $3,177,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Principal Financial Group Inc. grew 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 worth $9,961,000 after acquiring an additional 5,931 shares during the last quarter. Oppenheimer Asset Management Inc. grew its position in Diodes by 19.7% in the 1st 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 last quarter. GAMMA Investing LLC grew its position in Diodes by 4,211.7% in the 1st 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 last quarter. SG Americas Securities LLC purchased a new position in Diodes in the 1st quarter valued at $952,000. Finally, QRG Capital Management Inc. grew its position in Diodes by 5.4% in 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 during the last quarter. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DIOD has been the topic of a number of analyst reports. Benchmark reiterated a "buy" rating and issued a $62.00 price objective (up from $55.00) on shares of Diodes in a research report on Friday, June 13th. Wall Street Zen lowered shares of Diodes from a "buy" rating to a "hold" rating in a research report on Saturday. Finally, Zacks Research raised Diodes to a "strong sell" rating in a research note on Friday, August 8th. One research 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 given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $55.00.

Diodes Price Performance

Shares of Diodes stock traded down $0.5450 on Monday, hitting $55.6950. The company's stock had a trading volume of 45,988 shares, compared to its average volume of 509,055. Diodes Incorporated has a 52-week low of $32.93 and a 52-week high of $72.76. 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 firm has a fifty day moving average price of $53.00 and a 200-day moving average price of $47.91. The company has a market capitalization of $2.59 billion, a P/E ratio of 40.78 and a beta of 1.47.

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

Diodes announced that its Board of Directors has approved a share repurchase plan on Thursday, May 8th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the semiconductor company to reacquire up to 5.4% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its shares are undervalued.

Diodes 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.