Diodes Incorporated (NASDAQ:DIOD) Given Average Recommendation of “Buy” by Brokerages

Shares of Diodes Incorporated (NASDAQ:DIOD) have received a consensus recommendation of “Buy” from the five analysts that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $135.00.

A number of equities research analysts have recently issued reports on DIOD shares. Zacks Research upgraded shares of Diodes from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. Wall Street Zen upgraded Diodes from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. Truist Financial lowered their price objective on Diodes from $139.00 to $133.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Weiss Ratings restated a “hold (c)” rating on shares of Diodes in a research note on Wednesday, July 15th. Finally, Robert W. Baird set a $192.00 target price on Diodes in a report on Thursday, August 6th.

Diodes Stock Down 4.6%

DIOD stock opened at $89.75 on Tuesday. The company has a current ratio of 3.17, a quick ratio of 1.99 and a debt-to-equity ratio of 0.01. The firm has a 50 day simple moving average of $97.58 and a 200-day simple moving average of $89.29. The company has a market capitalization of $4.13 billion, a P/E ratio of 48.51 and a beta of 1.91. Diodes has a twelve month low of $42.28 and a twelve month high of $125.99.

Diodes (NASDAQ:DIOD) last posted its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.07. The firm had revenue of $445.53 million for the quarter, compared to analysts’ expectations of $436.60 million. Diodes had a net margin of 5.27% and a return on equity of 4.33%. The firm’s quarterly revenue was up 21.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.32 earnings per share. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. On average, equities research analysts predict that Diodes will post 3.15 earnings per share for the current fiscal year.

Insider Transactions at Diodes

In other Diodes news, SVP Emily Yang sold 3,000 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $110.08, for a total transaction of $330,240.00. Following the sale, the senior vice president directly owned 61,878 shares of the company’s stock, valued at approximately $6,811,530.24. This represents a 4.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CTO Francis Tang sold 15,330 shares of the firm’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $112.04, for a total transaction of $1,717,573.20. Following the completion of the transaction, the chief technology officer owned 71,438 shares in the company, valued at approximately $8,003,913.52. The trade was a 17.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 29,962 shares of company stock valued at $3,316,534. 1.70% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Diodes

Several institutional investors and hedge funds have recently bought and sold shares of DIOD. Andar Capital Management HK Ltd acquired a new position in Diodes in the second quarter valued at approximately $80,000,000. BlackRock Inc. acquired a new stake in shares of Diodes during the 2nd quarter worth approximately $803,920,000. California State Teachers Retirement System lifted its holdings in shares of Diodes by 10,536.9% in the 2nd quarter. California State Teachers Retirement System now owns 5,848,911 shares of the semiconductor company’s stock worth $640,105,000 after purchasing an additional 5,793,924 shares during the last quarter. William Blair Investment Management LLC bought a new stake in shares of Diodes in the 2nd quarter worth approximately $184,153,000. Finally, Arrowstreet Capital Limited Partnership acquired a new position in Diodes during the 3rd quarter valued at approximately $37,519,000. Institutional investors and hedge funds own 99.23% of the company’s stock.

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.