Summit Global Investments Makes New $1.37 Million Investment in Diodes Incorporated $DIOD

Key Points

• Summit Global Investments purchased 12,530 shares of Diodes, valued at approximately $1.37 million, while institutional investors collectively own 99.23% of the company.
• Diodes reported quarterly EPS of $0.70, exceeding estimates by $0.07, while revenue rose 21.7% year over year to $445.53 million. The company guided for third-quarter 2026 EPS of $0.95–$1.15.
• Analyst sentiment is broadly positive, with a consensus “Buy” rating and an average price target of $135; however, company insiders sold 43,370 shares worth about $4.74 million during the latest quarter.

Summit Global Investments purchased a new position in shares of Diodes Incorporated (NASDAQ:DIOD - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 12,530 shares of the semiconductor company's stock, valued at approximately $1,371,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Captrust Financial Advisors grew its stake in Diodes by 3.1% during the 4th quarter. Captrust Financial Advisors now owns 4,882 shares of the semiconductor company's stock worth $241,000 after buying an additional 145 shares during the last quarter. Verdence Capital Advisors LLC increased its position in Diodes by 2.3% during the 4th quarter. Verdence Capital Advisors LLC now owns 8,430 shares of the semiconductor company's stock valued at $416,000 after buying an additional 186 shares in the last quarter. Strs Ohio raised its stake in Diodes by 2.2% in the fourth quarter. Strs Ohio now owns 9,100 shares of the semiconductor company's stock valued at $449,000 after buying an additional 200 shares during the last quarter. Farther Finance Advisors LLC raised its stake in Diodes by 51.4% in the fourth quarter. Farther Finance Advisors LLC now owns 589 shares of the semiconductor company's stock valued at $29,000 after buying an additional 200 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in Diodes by 77.4% in the second quarter. EverSource Wealth Advisors LLC now owns 470 shares of the semiconductor company's stock worth $25,000 after acquiring an additional 205 shares in the last quarter. Hedge funds and other institutional investors own 99.23% of the company's stock.

Insider Buying and Selling

In other news, CEO Gary Yu sold 3,632 shares of the company's stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $110.08, for a total value of $399,810.56. Following the sale, the chief executive officer directly owned 108,147 shares of the company's stock, valued at $11,904,821.76. This represents a 3.25% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Francis Tang sold 15,330 shares of the company's stock in a transaction on Friday, May 29th. The shares were sold at an average price of $112.04, for a total transaction of $1,717,573.20. Following the completion of the sale, the chief technology officer directly owned 71,438 shares in the company, valued at $8,003,913.52. This trade represents a 17.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 43,370 shares of company stock worth $4,735,391 in the last quarter. 1.70% of the stock is currently owned by corporate insiders.

Diodes Stock Up 6.5%

Diodes stock opened at $103.48 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.99 and a current ratio of 3.17. The business's 50-day simple moving average is $98.82 and its two-hundred day simple moving average is $87.53. The company has a market cap of $4.77 billion, a PE ratio of 55.94 and a beta of 1.91. Diodes Incorporated has a fifty-two week low of $42.28 and a fifty-two week high of $125.99.

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

Analyst Upgrades and Downgrades

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

About Diodes

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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