State of Alaska Department of Revenue Has $1.46 Million Position in Diodes Incorporated $DIOD

State of Alaska Department of Revenue grew its stake in shares of Diodes Incorporated (NASDAQ:DIOD) by 7.7% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 27,640 shares of the semiconductor company’s stock after buying an additional 1,966 shares during the period. State of Alaska Department of Revenue owned approximately 0.06% of Diodes worth $1,461,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. raised its position in Diodes by 2.6% in the first quarter. Principal Financial Group Inc. now owns 230,728 shares of the semiconductor company’s stock worth $9,961,000 after purchasing an additional 5,931 shares in the last quarter. Oppenheimer Asset Management Inc. raised its position in Diodes by 19.7% in the first quarter. Oppenheimer Asset Management Inc. now owns 18,768 shares of the semiconductor company’s stock worth $810,000 after purchasing an additional 3,092 shares in the last quarter. GAMMA Investing LLC raised its position in Diodes by 4,211.7% in the first quarter. GAMMA Investing LLC now owns 35,313 shares of the semiconductor company’s stock worth $1,524,000 after purchasing an additional 34,494 shares in the last quarter. SG Americas Securities LLC acquired a new position in Diodes in the first quarter worth about $952,000. Finally, QRG Capital Management Inc. raised its position in Diodes by 5.4% in the first quarter. QRG Capital Management Inc. now owns 6,290 shares of the semiconductor company’s stock worth $272,000 after purchasing an additional 323 shares in the last quarter. Institutional investors and hedge funds own 99.23% of the company’s stock.

Diodes Trading Down 0.1%

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

Diodes (NASDAQ:DIOD) last announced its quarterly earnings results on Thursday, August 7th. The semiconductor company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.08. The company had revenue of $366.20 million for the quarter, compared to analysts’ expectations of $352.08 million. Diodes had a net margin of 4.59% and a return on equity of 2.98%. The business’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period last year, the firm posted $0.33 earnings per share. Diodes has set its Q3 2025 guidance at EPS. Equities research analysts predict that Diodes Incorporated will post 1.82 EPS for the current year.

Insider Buying and Selling at Diodes

In related news, SVP Emily Yang sold 1,000 shares of the business’s stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $56.36, for a total value of $56,360.00. Following 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 legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Brett R. Whitmire sold 2,000 shares of the business’s 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 completion of the sale, the chief financial officer directly owned 48,777 shares in the company, valued at $2,726,634.30. This represents a 3.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.90% of the company’s stock.

Wall Street Analyst Weigh In

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

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.