Diodes (NASDAQ:DIOD) Stock Rating Upgraded by Wall Street Zen

Diodes (NASDAQ:DIOD) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Sunday.

DIOD has been the subject of a number of other research reports. Zacks Research raised shares of Diodes to a “strong sell” rating in a research report on Friday, August 8th. Benchmark reissued a “buy” rating and set a $62.00 target price (up previously from $55.00) on shares of Diodes in a report on Friday, June 13th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Diodes presently has an average rating of “Moderate Buy” and a consensus target price of $55.00.

Diodes Price Performance

NASDAQ DIOD opened at $54.44 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.04 and a current ratio of 3.33. The firm’s 50 day moving average price is $53.50 and its 200-day moving average price is $48.03. Diodes has a 52-week low of $32.93 and a 52-week high of $70.98. The company has a market cap of $2.53 billion, a PE ratio of 39.74 and a beta of 1.47.

Diodes (NASDAQ:DIOD) last released its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.08. Diodes had a net margin of 4.59% and a return on equity of 2.98%. The firm had revenue of $366.20 million for the quarter, compared to the consensus estimate of $352.08 million. During the same period last year, the firm earned $0.33 earnings per share. The company’s quarterly revenue was up 14.5% on a year-over-year basis. Diodes has set its Q3 2025 guidance at EPS. Sell-side analysts forecast that Diodes will post 1.82 EPS for the current fiscal year.

Diodes declared that its Board of Directors has authorized a share repurchase plan on Thursday, May 8th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the semiconductor company to buy up to 5.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

Insider Activity at Diodes

In other Diodes news, CFO Brett R. Whitmire sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $55.90, for a total transaction of $111,800.00. Following the completion of the transaction, the chief financial officer owned 48,777 shares in the company, valued at $2,726,634.30. The trade was a 3.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Emily Yang sold 1,000 shares of the company’s stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $56.36, for a total transaction of $56,360.00. Following the completion of the transaction, the senior vice president owned 59,479 shares of the company’s stock, valued at approximately $3,352,236.44. The trade was a 1.65% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.90% of the company’s stock.

Institutional Trading of Diodes

Several institutional investors and hedge funds have recently bought and sold shares of the business. Geneos Wealth Management Inc. purchased a new stake in shares of Diodes in the second quarter valued at about $30,000. Public Sector Pension Investment Board lifted its position in shares of Diodes by 7.7% during the second quarter. Public Sector Pension Investment Board now owns 158,171 shares of the semiconductor company’s stock worth $8,366,000 after purchasing an additional 11,245 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in Diodes by 431.7% in the second quarter. Tower Research Capital LLC TRC now owns 5,508 shares of the semiconductor company’s stock valued at $291,000 after acquiring an additional 4,472 shares in the last quarter. Man Group plc acquired a new stake in Diodes in the second quarter valued at $787,000. Finally, Lazard Asset Management LLC acquired a new stake in Diodes in the second quarter valued at $1,514,000. Hedge funds and other institutional investors own 99.23% of the company’s stock.

Diodes Company Profile

Diodes Incorporated, together with its subsidiaries, manufactures and supplies application-specific standard products in the broad discrete, logic, analog, and mixed-signal semiconductor markets worldwide. The company offers discrete semiconductor products, such as MOSFETs, SiC MOSFETs; data line protection, power line protection, thyristers, USB Type-C protection, and transient voltage suppressors; Schottky, small signal switching, Zener, and SiC diodes; bridges, super barrier, Schottky, Schottky bridge, and fast/ultra-fast rectifiers; and bipolar, avalanche, gate driver, and pre-bias transistors.