Diodes (NASDAQ:DIOD) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Diodes (NASDAQ:DIOD) from a buy rating to a strong-buy rating in a research report sent to investors on Saturday.

DIOD has been the topic of a number of other research reports. Zacks Research upgraded Diodes from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 7th. Truist Financial decreased their price objective on shares of Diodes from $139.00 to $133.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Robert W. Baird set a $192.00 target price on shares of Diodes in a research note on Thursday, August 6th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Diodes in a research report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $135.00.

Diodes Price Performance

NASDAQ:DIOD opened at $107.56 on Friday. Diodes has a one year low of $42.28 and a one year high of $125.99. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.99 and a current ratio of 3.17. The firm has a market cap of $4.95 billion, a price-to-earnings ratio of 58.14 and a beta of 1.91. The firm’s fifty day moving average is $98.88 and its two-hundred day moving average is $88.09.

Diodes (NASDAQ:DIOD) last issued its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.07. The business had revenue of $445.53 million for the quarter, compared to analysts’ expectations of $436.60 million. Diodes had a net margin of 5.27% and a return on equity of 4.33%. The business’s revenue was up 21.7% on a year-over-year basis. During the same quarter last year, the company earned $0.32 EPS. Diodes has set its Q3 2026 guidance at 0.950-1.150 EPS. Research analysts expect that Diodes will post 3.15 EPS for the current year.

Insider Buying and Selling

In other Diodes news, SVP Andy Tsong sold 1,582 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $106.95, for a total value of $169,194.90. Following the transaction, the senior vice president directly owned 48,170 shares in the company, valued at $5,151,781.50. The trade was a 3.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CTO Francis Tang sold 15,330 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $112.04, for a total transaction of $1,717,573.20. Following the sale, the chief technology officer owned 71,438 shares of the company’s stock, valued at $8,003,913.52. This represents a 17.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 43,370 shares of company stock worth $4,735,391 over the last quarter. Corporate insiders own 1.70% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Public Employees Retirement System of Ohio purchased a new position in shares of Diodes during the 2nd quarter worth approximately $142,000. Corient Private Wealth LP purchased a new stake in Diodes during the 2nd quarter worth approximately $1,302,000. Bank of America Corp DE acquired a new stake in shares of Diodes in the second quarter valued at $21,374,000. Freestone Grove Partners LP purchased a new position in Diodes in the second quarter worth approximately $354,000. Finally, Odyssean LLC acquired a new position in shares of Diodes during the 2nd quarter worth about $342,000. 99.23% of the stock is currently owned by institutional investors and hedge funds.

Diodes Company Profile

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.