Voya Investment Management LLC Lowers Position in Diodes Incorporated $DIOD

Voya Investment Management LLC cut its holdings in shares of Diodes Incorporated (NASDAQ:DIOD) by 6.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,855 shares of the semiconductor company’s stock after selling 879 shares during the quarter. Voya Investment Management LLC’s holdings in Diodes were worth $555,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of DIOD. Charles Schwab Investment Management Inc. boosted its stake in Diodes by 5.3% during the first quarter. Charles Schwab Investment Management Inc. now owns 723,733 shares of the semiconductor company’s stock worth $31,244,000 after buying an additional 36,488 shares during the period. Global Alpha Capital Management Ltd. boosted its position in shares of Diodes by 107.6% during the 1st quarter. Global Alpha Capital Management Ltd. now owns 539,170 shares of the semiconductor company’s stock worth $23,276,000 after purchasing an additional 279,400 shares during the period. Royal Bank of Canada boosted its position in shares of Diodes by 12.3% during the 1st quarter. Royal Bank of Canada now owns 494,235 shares of the semiconductor company’s stock worth $21,336,000 after purchasing an additional 54,309 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Diodes by 13.8% during the first quarter. Goldman Sachs Group Inc. now owns 391,005 shares of the semiconductor company’s stock worth $16,880,000 after buying an additional 47,500 shares during the period. Finally, Tributary Capital Management LLC boosted its position in shares of Diodes by 26.0% during the first quarter. Tributary Capital Management LLC now owns 367,306 shares of the semiconductor company’s stock worth $15,857,000 after buying an additional 75,682 shares during the period. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have recently commented on DIOD. Zacks Research upgraded Diodes to a “strong sell” rating in a research report on Friday, August 8th. Wall Street Zen upgraded Diodes from a “hold” rating to a “buy” rating in a report on Sunday, August 31st. Finally, Benchmark reissued a “buy” rating and issued a $62.00 price objective (up previously from $55.00) on shares of Diodes in a research note on Friday, June 13th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $55.00.

Insider Buying and Selling at Diodes

In other 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 completion of the sale, the senior vice president directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Brett R. Whitmire sold 2,000 shares of Diodes stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $55.90, for a total transaction of $111,800.00. Following the sale, 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 ownership of the stock. The disclosure for this sale can be found here. 1.90% of the stock is currently owned by insiders.

Diodes Stock Performance

Shares of DIOD opened at $53.10 on Friday. Diodes Incorporated has a 1 year low of $32.93 and a 1 year high of $67.40. The stock has a 50-day simple moving average of $52.98 and a 200-day simple moving average of $48.35. 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 $2.47 billion, a PE ratio of 38.76 and a beta of 1.55.

Diodes (NASDAQ:DIOD) last issued its quarterly earnings results on Thursday, August 7th. The semiconductor company reported $0.32 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $352.08 million. During the same quarter in the previous year, the firm earned $0.33 earnings per share. The firm’s quarterly revenue was up 14.5% on a year-over-year basis. Diodes has set its Q3 2025 guidance at EPS. On average, analysts predict that Diodes Incorporated will post 1.82 earnings per share for the current fiscal year.

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.