Boston Partners Has $823,000 Position in Diodes Incorporated (NASDAQ:DIOD)

Boston Partners reduced its stake in shares of Diodes Incorporated (NASDAQ:DIOD) by 55.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,344 shares of the semiconductor company’s stock after selling 16,573 shares during the quarter. Boston Partners’ holdings in Diodes were worth $823,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of DIOD. Truvestments Capital LLC acquired a new position in shares of Diodes during the 3rd quarter worth about $29,000. Smartleaf Asset Management LLC grew its position in shares of Diodes by 198.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 785 shares of the semiconductor company’s stock valued at $48,000 after purchasing an additional 522 shares during the period. KBC Group NV grew its position in shares of Diodes by 33.9% in the 3rd quarter. KBC Group NV now owns 1,454 shares of the semiconductor company’s stock valued at $93,000 after purchasing an additional 368 shares during the period. Quest Partners LLC acquired a new position in shares of Diodes in the 3rd quarter valued at approximately $184,000. Finally, Verdence Capital Advisors LLC acquired a new position in shares of Diodes in the 4th quarter valued at approximately $250,000. 99.23% of the stock is currently owned by institutional investors and hedge funds.

Diodes Trading Down 0.8 %

NASDAQ DIOD opened at $45.30 on Friday. The stock has a market capitalization of $2.10 billion, a price-to-earnings ratio of 47.68 and a beta of 1.31. The stock’s 50 day moving average price is $53.93 and its two-hundred day moving average price is $59.33. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.99 and a current ratio of 3.26. Diodes Incorporated has a 52 week low of $44.24 and a 52 week high of $86.74.

Diodes (NASDAQ:DIOD) last released its earnings results on Tuesday, February 11th. The semiconductor company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.54 by ($0.27). Diodes had a net margin of 3.36% and a return on equity of 3.28%. As a group, analysts anticipate that Diodes Incorporated will post 1.82 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on DIOD shares. Benchmark decreased their price objective on Diodes from $74.00 to $65.00 and set a “buy” rating for the company in a research report on Wednesday, February 12th. Truist Financial decreased their price objective on Diodes from $63.00 to $53.00 and set a “hold” rating for the company in a research report on Wednesday, February 12th.

Insider Buying and Selling at Diodes

In other news, CFO Brett R. Whitmire sold 830 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $56.04, for a total transaction of $46,513.20. Following the sale, the chief financial officer now owns 51,525 shares in the company, valued at $2,887,461. This represents a 1.59 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, President Gary Yu sold 2,900 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $56.04, for a total value of $162,516.00. Following the sale, the president now owns 79,697 shares in the company, valued at approximately $4,466,219.88. This represents a 3.51 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 4,680 shares of company stock worth $262,267. Corporate insiders own 2.30% of the company’s stock.

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.