Great Lakes Advisors LLC Takes $4.11 Million Position in Diodes Incorporated $DIOD

Great Lakes Advisors LLC bought a new stake in shares of Diodes Incorporated (NASDAQ:DIOD) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 37,584 shares of the semiconductor company’s stock, valued at approximately $4,113,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC grew 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 worth $25,000 after purchasing an additional 205 shares during the period. Farther Finance Advisors LLC grew its stake in shares of Diodes by 51.4% in the fourth quarter. Farther Finance Advisors LLC now owns 589 shares of the semiconductor company’s stock worth $29,000 after acquiring an additional 200 shares during the period. Geneos Wealth Management Inc. purchased a new stake in Diodes during the 2nd quarter valued at $30,000. Quarry LP purchased a new stake in Diodes during the third quarter valued at $39,000. Finally, Global Retirement Partners LLC increased its position in shares of Diodes by 563.1% during the 4th quarter. Global Retirement Partners LLC now owns 809 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 687 shares during the last quarter. 99.23% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently commented on DIOD shares. Wall Street Zen upgraded shares of Diodes from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 15th. Robert W. Baird set a $192.00 target price on Diodes in a research report on Thursday, August 6th. Weiss Ratings reissued a “hold (c)” rating on shares of Diodes in a research note on Wednesday, July 15th. Truist Financial lowered their target price on shares of Diodes from $139.00 to $133.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Finally, Zacks Research raised Diodes from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Diodes has a consensus rating of “Buy” and an average price target of $135.00.

Diodes Trading Down 3.8%

Shares of NASDAQ:DIOD opened at $90.74 on Friday. The business’s 50-day moving average is $98.34 and its 200 day moving average is $88.83. The firm has a market capitalization of $4.18 billion, a P/E ratio of 49.05 and a beta of 1.91. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.17 and a quick ratio of 1.99. Diodes Incorporated has a 1 year low of $42.28 and a 1 year high of $125.99.

Diodes (NASDAQ:DIOD) last posted its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.07. Diodes had a return on equity of 4.33% and a net margin of 5.27%.The business had revenue of $445.53 million for the quarter, compared to the consensus estimate of $436.60 million. During the same quarter in the previous year, the business earned $0.32 EPS. The company’s quarterly revenue was up 21.7% compared to the same quarter last year. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. On average, research analysts predict that Diodes Incorporated will post 3.15 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Gary Yu sold 3,632 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $110.08, for a total transaction of $399,810.56. Following the sale, the chief executive officer directly owned 108,147 shares in the company, valued at $11,904,821.76. This trade represents a 3.25% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Emily Yang sold 3,000 shares of the business’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $110.08, for a total transaction of $330,240.00. Following the completion of the sale, the senior vice president directly owned 61,878 shares of the company’s stock, valued at approximately $6,811,530.24. The trade was a 4.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 41,370 shares of company stock valued at $4,541,771. Insiders own 1.70% of the company’s stock.

About Diodes

Diodes Incorporated (NASDAQ: DIOD) is a global manufacturer and supplier of high‐performance discrete, logic, analog and mixed‐signal semiconductor products. Headquartered in Plano, Texas, the company designs and develops a broad range of discrete components, standard logic functions, power management circuits, interface products and array products. Its portfolio includes rectifiers, MOSFETs, general‐purpose diodes, voltage regulators, comparators, buffers and other building blocks for electronic systems.

Diodes Incorporated serves a variety of end markets such as automotive, computing, communications, consumer electronics, industrial and lighting.