Diodes Incorporated $DIOD Shares Bought by Northern Trust Corp

Northern Trust Corp lifted its position in shares of Diodes Incorporated (NASDAQ:DIOD) by 0.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 570,900 shares of the semiconductor company’s stock after buying an additional 336 shares during the quarter. Northern Trust Corp owned approximately 1.23% of Diodes worth $24,646,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Boston Partners grew its holdings in shares of Diodes by 23.4% during the first quarter. Boston Partners now owns 16,465 shares of the semiconductor company’s stock worth $711,000 after buying an additional 3,121 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Diodes during the first quarter worth about $70,000. Russell Investments Group Ltd. grew its holdings in shares of Diodes by 10.8% during the first quarter. Russell Investments Group Ltd. now owns 73,277 shares of the semiconductor company’s stock worth $3,163,000 after buying an additional 7,114 shares in the last quarter. Public Sector Pension Investment Board grew its holdings in shares of Diodes by 27.2% during the first quarter. Public Sector Pension Investment Board now owns 146,926 shares of the semiconductor company’s stock worth $6,343,000 after buying an additional 31,443 shares in the last quarter. Finally, Nuveen LLC purchased a new stake in shares of Diodes during the first quarter worth about $5,593,000. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

Diodes Price Performance

DIOD opened at $54.44 on Monday. Diodes Incorporated has a 1 year low of $32.93 and a 1 year high of $70.98. The company’s 50 day simple moving average is $53.50 and its 200 day simple moving average is $48.00. 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 stock has a market capitalization of $2.53 billion, a PE ratio of 39.74 and a beta of 1.54.

Diodes (NASDAQ:DIOD) last posted its quarterly earnings results on Thursday, August 7th. The semiconductor company reported $0.32 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $352.08 million. During the same quarter last year, the firm posted $0.33 earnings per share. Diodes’s revenue for the quarter was up 14.5% compared to the same quarter last year. Diodes has set its Q3 2025 guidance at EPS. As a group, sell-side analysts expect that Diodes Incorporated will post 1.82 EPS for the current year.

Diodes declared that its Board of Directors has approved a share buyback plan on Thursday, May 8th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the semiconductor company to reacquire up to 5.4% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s management believes its stock is undervalued.

Insiders Place Their Bets

In other news, CFO Brett R. Whitmire sold 2,000 shares of the firm’s stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $55.90, for a total value of $111,800.00. Following the transaction, the chief financial officer owned 48,777 shares of the company’s stock, valued at approximately $2,726,634.30. This trade represents a 3.94% decrease in their position. The sale 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 firm’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 directly owned 59,479 shares in the company, valued at approximately $3,352,236.44. This represents a 1.65% decrease in their position. The disclosure for this sale can be found here. Company insiders own 2.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Wall Street Zen upgraded shares of Diodes from a “hold” rating to a “buy” rating in a report on Sunday. Zacks Research raised shares of Diodes to a “strong sell” rating in a research report on Friday, August 8th. Finally, Benchmark reissued a “buy” rating and issued a $62.00 target price (up from $55.00) on shares of Diodes in a research report on Friday, June 13th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $55.00.

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.