15,959 Shares in Diodes Incorporated $DIOD Bought by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. acquired a new stake in Diodes Incorporated (NASDAQ:DIOD) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,959 shares of the semiconductor company’s stock, valued at approximately $1,747,000.

Several other large investors have also bought and sold shares of DIOD. Wedge Capital Management L L P NC grew its position in shares of Diodes by 179.2% in the 2nd quarter. Wedge Capital Management L L P NC now owns 75,885 shares of the semiconductor company’s stock valued at $8,305,000 after buying an additional 48,701 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Diodes by 8.9% in the second quarter. GAMMA Investing LLC now owns 3,495 shares of the semiconductor company’s stock valued at $382,000 after buying an additional 287 shares during the period. Pacific Excel Wealth Advisors Inc. bought a new position in shares of Diodes during the second quarter worth about $231,000. Integrated Investment Consultants LLC bought a new position in shares of Diodes during the first quarter worth about $216,000. Finally, Prospect Capital Advisors LLC acquired a new position in shares of Diodes in the first quarter worth approximately $2,853,000. 99.23% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Diodes news, CEO Gary Yu sold 3,632 shares of Diodes 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 completion of the sale, the chief executive officer directly owned 108,147 shares of the company’s stock, valued at approximately $11,904,821.76. The trade was a 3.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CTO Francis Tang sold 15,330 shares of the company’s stock in a transaction dated 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 transaction, the chief technology officer owned 71,438 shares in the company, valued at $8,003,913.52. This represents a 17.67% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 43,370 shares of company stock valued at $4,735,391. 1.70% of the stock is currently owned by corporate insiders.

Diodes Price Performance

Shares of Diodes stock opened at $103.48 on Monday. The stock’s 50-day moving average is $98.82 and its 200 day moving average is $87.74. Diodes Incorporated has a one year low of $42.28 and a one year high of $125.99. The firm has a market cap of $4.77 billion, a price-to-earnings ratio of 55.94 and a beta of 1.91. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.17 and a quick ratio of 1.99.

Diodes (NASDAQ:DIOD) last announced its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.63 by $0.07. Diodes had a net margin of 5.27% and a return on equity of 4.33%. The company had revenue of $445.53 million during the quarter, compared to the consensus estimate of $436.60 million. During the same quarter last year, the firm posted $0.32 EPS. The company’s quarterly 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 research analysts anticipate that Diodes Incorporated will post 3.15 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently commented on DIOD. Zacks Research upgraded Diodes from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Wall Street Zen upgraded shares of Diodes from a “buy” rating to a “strong-buy” rating in a report on Saturday. Robert W. Baird set a $192.00 price target on shares of Diodes in a research report on Thursday, August 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Diodes in a research note on Wednesday, July 15th. Finally, Truist Financial decreased their price objective on shares of Diodes from $139.00 to $133.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. One equities research 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 stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price 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.