Man Group plc Purchases Shares of 17,123 Diodes Incorporated $DIOD

Man Group plc acquired a new stake in shares of Diodes Incorporated (NASDAQ:DIOD) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 17,123 shares of the semiconductor company’s stock, valued at approximately $1,874,000.

Several other institutional investors and hedge funds also recently made changes to their positions in DIOD. EverSource Wealth Advisors LLC lifted its holdings in Diodes by 77.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 470 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 205 shares during the last quarter. Geneos Wealth Management Inc. acquired a new stake in shares of Diodes during the second quarter worth approximately $30,000. Farther Finance Advisors LLC increased its holdings in shares of Diodes by 51.4% during the fourth quarter. Farther Finance Advisors LLC now owns 589 shares of the semiconductor company’s stock worth $29,000 after buying an additional 200 shares in the last quarter. Quarry LP bought a new position in shares of Diodes in the third quarter valued at approximately $39,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of Diodes in the 4th quarter worth approximately $40,000. Institutional investors and hedge funds own 99.23% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Robert W. Baird set a $192.00 price target on Diodes in a research report on Thursday, August 6th. Wall Street Zen raised Diodes from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. Zacks Research upgraded Diodes from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Weiss Ratings restated a “hold (c)” rating on shares of Diodes in a research note on Wednesday, July 15th. Finally, Truist Financial reduced their price target on shares of Diodes from $139.00 to $133.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $135.00.

Diodes Trading Down 4.0%

Shares of NASDAQ DIOD opened at $87.13 on Wednesday. Diodes Incorporated has a fifty-two week low of $42.28 and a fifty-two week high of $125.99. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.17 and a quick ratio of 1.99. The firm has a market capitalization of $4.01 billion, a P/E ratio of 47.10 and a beta of 1.89. The company’s 50 day simple moving average is $94.54 and its 200 day simple moving average is $90.41.

Diodes (NASDAQ:DIOD) last issued its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.07. The firm had revenue of $445.53 million during 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 business’s revenue for the quarter was up 21.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.32 earnings per share. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. On average, analysts predict that Diodes Incorporated will post 3.15 EPS for the current year.

Diodes 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.