Brokerages Set Diodes Incorporated (NASDAQ:DIOD) Price Target at $55.00

Diodes Incorporated (NASDAQ:DIOD) has been given an average recommendation of “Moderate Buy” by the five brokerages that are covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among analysts that have covered the stock in the last year is $55.00.

DIOD has been the topic of a number of recent research reports. Zacks Research raised Diodes to a “strong sell” rating in a report on Friday, August 8th. Benchmark reaffirmed a “buy” rating and set a $62.00 price target (up previously from $55.00) on shares of Diodes in a research report on Friday, June 13th. Finally, Wall Street Zen raised shares of Diodes from a “hold” rating to a “buy” rating in a report on Sunday, August 31st.

Diodes Stock Performance

Shares of NASDAQ DIOD opened at $54.32 on Tuesday. The firm’s 50-day moving average price is $53.40 and its 200-day moving average price is $47.98. The company has a quick ratio of 2.04, a current ratio of 3.33 and a debt-to-equity ratio of 0.01. The company has a market cap of $2.52 billion, a PE ratio of 39.65 and a beta of 1.55. Diodes has a 52-week low of $32.93 and a 52-week high of $67.40.

Diodes (NASDAQ:DIOD) last issued its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.32 earnings per share 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 company had revenue of $366.20 million for the quarter, compared to the consensus estimate of $352.08 million. During the same quarter in the prior year, the firm earned $0.33 earnings per share. The firm’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, analysts anticipate that Diodes will post 1.82 EPS for the current year.

Insider Buying and Selling

In related news, SVP Emily Yang sold 1,000 shares of Diodes 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 transaction, the senior vice president owned 59,479 shares in the company, valued at approximately $3,352,236.44. The trade was a 1.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Brett R. Whitmire sold 2,000 shares of the company’s stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $55.90, for a total value of $111,800.00. Following the completion of the transaction, the chief financial officer directly 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 disclosure for this sale can be found here. 1.90% of the stock is currently owned by company insiders.

Institutional Trading of Diodes

Several hedge funds have recently made changes to their positions in DIOD. EverSource Wealth Advisors LLC boosted its holdings in Diodes by 77.4% in the second 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 during the last quarter. Verdence Capital Advisors LLC lifted its position in Diodes by 2.8% during the 2nd quarter. Verdence Capital Advisors LLC now owns 7,764 shares of the semiconductor company’s stock valued at $411,000 after purchasing an additional 213 shares during the period. Parallel Advisors LLC lifted its position in Diodes by 52.0% during the 2nd quarter. Parallel Advisors LLC now owns 757 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 259 shares during the period. Fifth Third Bancorp boosted its stake in shares of Diodes by 85.8% in the 2nd quarter. Fifth Third Bancorp now owns 628 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 290 shares during the last quarter. Finally, Nisa Investment Advisors LLC grew its position in shares of Diodes by 1.9% during the 1st quarter. Nisa Investment Advisors LLC now owns 15,696 shares of the semiconductor company’s stock worth $678,000 after buying an additional 297 shares during the period. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

About Diodes

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.