Diodes (NASDAQ:DIOD) Raised to Strong-Buy at Wall Street Zen

Diodes (NASDAQ:DIOD) was upgraded by research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report issued on Saturday.

A number of other equities analysts have also issued reports on the company. Robert W. Baird set a $192.00 price target on Diodes in a research note on Thursday, August 6th. Weiss Ratings restated a “hold (c)” rating on shares of Diodes in a report on Wednesday, July 15th. Truist Financial decreased their target price on Diodes from $139.00 to $133.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Finally, Zacks Research raised Diodes from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $135.00.

Diodes Price Performance

NASDAQ:DIOD opened at $103.48 on Friday. The company has a market capitalization of $4.77 billion, a price-to-earnings ratio of 55.94 and a beta of 1.91. Diodes has a one year low of $42.28 and a one year high of $125.99. The stock has a 50-day simple moving average of $98.82 and a 200 day simple moving average of $87.74. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.99 and a current ratio of 3.17.

Diodes (NASDAQ:DIOD) 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. The business had revenue of $445.53 million during the quarter, compared to the consensus estimate of $436.60 million. Diodes had a net margin of 5.27% and a return on equity of 4.33%. The company’s revenue for the quarter was up 21.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.32 EPS. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. Sell-side analysts predict that Diodes will post 3.15 EPS for the current fiscal year.

Insider Transactions at Diodes

In related news, CEO Gary Yu sold 3,632 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $110.08, for a total value of $399,810.56. Following the transaction, the chief executive officer directly owned 108,147 shares of the company’s stock, valued at approximately $11,904,821.76. This trade represents a 3.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Emily Yang sold 3,000 shares of the business’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $110.08, for a total transaction of $330,240.00. Following the completion of the sale, the senior vice president owned 61,878 shares of the company’s stock, valued at $6,811,530.24. The trade was a 4.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 43,370 shares of company stock valued at $4,735,391 in the last ninety days. 1.70% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Diodes

Hedge funds and other institutional investors have recently modified their holdings of the stock. Andar Capital Management HK Ltd bought a new stake in Diodes in the second quarter valued at about $80,000,000. BlackRock Inc. bought a new position in Diodes during the second quarter worth about $803,920,000. Vanguard Group Inc. boosted its holdings in Diodes by 2.8% during the fourth quarter. Vanguard Group Inc. now owns 6,154,859 shares of the semiconductor company’s stock valued at $303,681,000 after purchasing an additional 166,603 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Diodes by 2.3% during the first quarter. Dimensional Fund Advisors LP now owns 2,436,359 shares of the semiconductor company’s stock valued at $166,294,000 after purchasing an additional 53,934 shares in the last quarter. Finally, William Blair Investment Management LLC bought a new stake in shares of Diodes in the 2nd quarter valued at approximately $184,153,000. Institutional investors and hedge funds own 99.23% of the company’s stock.

Diodes Company Profile

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.