11,895 Shares in Diodes Incorporated $DIOD Acquired by Corient Private Wealth LP

Corient Private Wealth LP acquired a new stake in shares of Diodes Incorporated (NASDAQ:DIOD) during the second quarter, Holdings Channel.com reports. The fund acquired 11,895 shares of the semiconductor company’s stock, valued at approximately $1,302,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DIOD. EverSource Wealth Advisors LLC grew its holdings in shares of 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 acquiring an additional 205 shares in the last quarter. Farther Finance Advisors LLC raised 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 acquiring an additional 200 shares in the last quarter. Geneos Wealth Management Inc. acquired a new stake in Diodes during the second quarter valued at $30,000. Quarry LP purchased a new position in Diodes in the third quarter valued at about $39,000. Finally, Global Retirement Partners LLC grew its stake in Diodes by 563.1% in the fourth quarter. Global Retirement Partners LLC now owns 809 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 687 shares in the last quarter. Hedge funds and other institutional investors own 99.23% of the company’s stock.

Analyst Ratings Changes

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

Diodes Stock Up 2.1%

Shares of Diodes stock opened at $91.79 on Friday. Diodes Incorporated has a 12-month low of $42.28 and a 12-month high of $125.99. The company has a quick ratio of 1.99, a current ratio of 3.17 and a debt-to-equity ratio of 0.01. The stock has a 50 day moving average price of $93.33 and a two-hundred day moving average price of $90.68. The stock has a market capitalization of $4.23 billion, a P/E ratio of 49.62 and a beta of 1.89.

Diodes (NASDAQ:DIOD) last released its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $436.60 million. During the same quarter last year, the firm posted $0.32 earnings per share. The company’s quarterly revenue was up 21.7% compared to the same quarter last year. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. Equities analysts expect that Diodes Incorporated will post 3.15 earnings per share for the current year.

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.