Campbell & CO Investment Adviser LLC bought a new position in Diodes Incorporated (NASDAQ:DIOD) in the 1st quarter, according to its most recent disclosure with the SEC. The firm bought 6,748 shares of the semiconductor company’s stock, valued at approximately $234,000.

Several other large investors also recently bought and sold shares of DIOD. Morgan Stanley increased its holdings in shares of Diodes by 36.4% during the third quarter. Morgan Stanley now owns 191,709 shares of the semiconductor company’s stock worth $6,383,000 after purchasing an additional 51,157 shares during the period. Arizona State Retirement System increased its holdings in shares of Diodes by 6.4% during the fourth quarter. Arizona State Retirement System now owns 61,098 shares of the semiconductor company’s stock worth $1,971,000 after purchasing an additional 3,697 shares during the period. Advisors Asset Management Inc. bought a new position in shares of Diodes during the fourth quarter worth approximately $32,000. Rhumbline Advisers increased its holdings in shares of Diodes by 21.8% during the fourth quarter. Rhumbline Advisers now owns 117,093 shares of the semiconductor company’s stock worth $3,777,000 after purchasing an additional 20,928 shares during the period. Finally, State Board of Administration of Florida Retirement System increased its stake in Diodes by 26.7% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 48,783 shares of the semiconductor company’s stock valued at $1,574,000 after acquiring an additional 10,292 shares during the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

In other Diodes news, VP Francis Tang sold 6,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 29th. The shares were sold at an average price of $31.73, for a total value of $190,380.00. Following the sale, the vice president now owns 86,217 shares in the company, valued at $2,735,665.41. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Richard Dallas White sold 13,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 29th. The shares were sold at an average price of $31.73, for a total transaction of $412,490.00. Following the completion of the sale, the insider now owns 79,806 shares in the company, valued at approximately $2,532,244.38. The disclosure for this sale can be found here. Company insiders own 5.30% of the company’s stock.

Shares of NASDAQ:DIOD opened at $33.66 on Tuesday. The company has a market capitalization of $1.67 billion, a P/E ratio of 14.14 and a beta of 1.16. The company has a current ratio of 3.05, a quick ratio of 2.20 and a debt-to-equity ratio of 0.18. Diodes Incorporated has a 1 year low of $27.38 and a 1 year high of $44.27.

Diodes (NASDAQ:DIOD) last announced its quarterly earnings data on Tuesday, May 7th. The semiconductor company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.09. The business had revenue of $302.29 million for the quarter, compared to analysts’ expectations of $301.60 million. Diodes had a net margin of 9.44% and a return on equity of 13.69%. The firm’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same period last year, the firm posted $0.48 earnings per share. As a group, equities analysts predict that Diodes Incorporated will post 2.8 EPS for the current fiscal year.

DIOD has been the topic of a number of recent analyst reports. BidaskClub cut shares of Diodes from a “buy” rating to a “hold” rating in a research note on Friday, March 1st. Longbow Research cut shares of Diodes from a “buy” rating to a “neutral” rating in a research note on Wednesday, April 17th. ValuEngine raised shares of Diodes from a “hold” rating to a “buy” rating in a research note on Monday, February 25th. Robert W. Baird cut shares of Diodes from an “outperform” rating to a “neutral” rating in a research note on Wednesday, February 27th. Finally, Zacks Investment Research raised shares of Diodes from a “hold” rating to a “strong-buy” rating and set a $43.00 price objective on the stock in a research note on Friday, May 10th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $42.50.

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Diodes Profile

Diodes Incorporated, together with its subsidiaries, designs, manufactures, and supplies application-specific standard products in the discrete, logic, and analog and mixed-signal semiconductor markets in Asia, North America, and Europe. It primarily focuses on low pin count semiconductor devices with one or more active or passive components.

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Institutional Ownership by Quarter for Diodes (NASDAQ:DIOD)

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