Vanguard Group Inc. Lowers Stock Holdings in Diodes Incorporated $DIOD

Key Points

• Vanguard Group Inc. reduced its stake in Diodes Incorporated by 0.3%, holding approximately 12.68% of the company worth $254.32 million after selling 19,571 shares in the 1st quarter.
• Several institutional investors increased their positions in Diodes, highlighting significant interest in the company, with over 99% of its stock owned by institutional investors and hedge funds.
• Diodes reported a quarterly revenue of $366.20 million, exceeding analysts' expectations, and announced a $100 million share buyback program, indicating the board's belief in the stock's value.

Vanguard Group Inc. lowered its position in shares of Diodes Incorporated (NASDAQ:DIOD - Free Report) by 0.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,891,195 shares of the semiconductor company's stock after selling 19,571 shares during the period. Vanguard Group Inc. owned approximately 12.68% of Diodes worth $254,323,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. increased its holdings in shares of Diodes by 2.6% in the 1st quarter. Principal Financial Group Inc. now owns 230,728 shares of the semiconductor company's stock worth $9,961,000 after purchasing an additional 5,931 shares in the last quarter. 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 last quarter. GAMMA Investing LLC increased its holdings in Diodes by 4,211.7% in the 1st quarter. GAMMA Investing LLC now owns 35,313 shares of the semiconductor company's stock worth $1,524,000 after buying an additional 34,494 shares in the last quarter. SG Americas Securities LLC purchased a new position in Diodes in the 1st quarter worth about $952,000. Finally, QRG Capital Management Inc. lifted its stake in Diodes by 5.4% during the 1st quarter. QRG Capital Management Inc. now owns 6,290 shares of the semiconductor company's stock valued at $272,000 after acquiring an additional 323 shares during the period. 99.23% of the stock is owned by institutional investors.

Analyst Ratings Changes

DIOD has been the subject of a number of research analyst reports. Zacks Research upgraded shares of Diodes to a "strong sell" rating in a research note on Friday, August 8th. Benchmark reaffirmed a "buy" rating and issued a $62.00 target price (up previously from $55.00) on shares of Diodes in a research report on Friday, June 13th. Finally, Wall Street Zen cut Diodes from a "buy" rating to a "hold" rating in a report on Saturday. One 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 assigned a Sell rating to the company's stock. According to data from MarketBeat, Diodes has an average rating of "Moderate Buy" and a consensus target price of $55.00.

Diodes Stock Performance

Shares of Diodes stock traded up $3.03 on Friday, hitting $56.24. 411,248 shares of the company's stock were exchanged, compared to its average volume of 494,857. Diodes Incorporated has a 1 year low of $32.93 and a 1 year high of $72.76. The company has a 50-day simple moving average of $53.00 and a 200-day simple moving average of $47.97. 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 stock has a market capitalization of $2.61 billion, a PE ratio of 41.05 and a beta of 1.47.

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, topping analysts' consensus estimates of $0.24 by $0.08. The company had revenue of $366.20 million for the quarter, compared to analysts' expectations of $352.08 million. Diodes had a return on equity of 2.98% and a net margin of 4.59%.Diodes's revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period last year, the firm earned $0.33 EPS. Diodes has set its Q3 2025 guidance at EPS. As a group, equities analysts anticipate that Diodes Incorporated will post 1.82 EPS for the current year.

Diodes announced that its board has initiated a stock buyback program on Thursday, May 8th that permits the company to repurchase $100.00 million in shares. This repurchase authorization permits the semiconductor company to purchase up to 5.4% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's management believes its stock is undervalued.

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.