Diodes Incorporated $DIOD Position Increased by Fifth Third Bancorp

Fifth Third Bancorp raised its position in shares of Diodes Incorporated (NASDAQ:DIODFree Report) by 85.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 628 shares of the semiconductor company’s stock after buying an additional 290 shares during the quarter. Fifth Third Bancorp’s holdings in Diodes were worth $33,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB lifted its position in shares of Diodes by 283.1% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 544 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 402 shares in the last quarter. Signaturefd LLC lifted its position in shares of Diodes by 170.1% in the first quarter. Signaturefd LLC now owns 597 shares of the semiconductor company’s stock worth $26,000 after purchasing an additional 376 shares in the last quarter. Parallel Advisors LLC lifted its position in shares of Diodes by 52.0% in the second quarter. Parallel Advisors LLC now owns 757 shares of the semiconductor company’s stock worth $40,000 after purchasing an additional 259 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Diodes in the first quarter worth approximately $70,000. Finally, GAMMA Investing LLC lifted its position in shares of Diodes by 299.1% in the second quarter. GAMMA Investing LLC now owns 3,265 shares of the semiconductor company’s stock worth $173,000 after purchasing an additional 2,447 shares in the last quarter. 99.23% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Diodes

In other Diodes news, CFO Brett R. Whitmire sold 2,000 shares of Diodes stock in a transaction 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 sale, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Emily Yang sold 1,000 shares of Diodes stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $56.36, for a total transaction of $56,360.00. Following the sale, the senior vice president owned 59,479 shares in the company, valued at $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 1.90% of the company’s stock.

Diodes Trading Down 0.1%

Shares of Diodes stock opened at $52.58 on Friday. The company’s fifty day simple moving average is $52.97 and its 200-day simple moving average is $48.56. The company has a market cap of $2.44 billion, a price-to-earnings ratio of 38.38 and a beta of 1.63. The company has a current ratio of 3.33, a quick ratio of 2.04 and a debt-to-equity ratio of 0.01. Diodes Incorporated has a 1 year low of $32.93 and a 1 year high of $67.40.

Diodes (NASDAQ:DIODGet Free Report) last announced its quarterly earnings data on Thursday, August 7th. The semiconductor company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.08. The business had revenue of $366.20 million for the quarter, compared to the consensus estimate of $352.08 million. Diodes had a net margin of 4.59% and a return on equity of 2.98%. Diodes’s quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter last year, the company posted $0.33 earnings per share. 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.

Analysts Set New Price Targets

DIOD has been the subject of a number of research analyst reports. Benchmark reissued a “buy” rating and issued a $62.00 price target (up from $55.00) on shares of Diodes in a research report on Friday, June 13th. Weiss Ratings reissued a “hold (c-)” rating on shares of Diodes in a research report on Saturday, September 27th. Wall Street Zen raised shares of Diodes from a “hold” rating to a “buy” rating in a research report on Sunday, August 31st. Finally, Zacks Research raised shares of Diodes to a “strong sell” rating in a research report on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $55.00.

View Our Latest Research Report on DIOD

Diodes Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Diodes (NASDAQ:DIOD)

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