Man Group plc Takes $1.87 Million Position in Diodes Incorporated $DIOD

Man Group plc bought a new position in shares of Diodes Incorporated (NASDAQ:DIOD) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 17,123 shares of the semiconductor company’s stock, valued at approximately $1,874,000.

Other hedge funds have also made changes to their positions in the company. Andar Capital Management HK Ltd purchased a new stake in Diodes during the 2nd quarter worth $80,000,000. BlackRock Inc. acquired a new position in shares of Diodes in the second quarter worth about $803,920,000. Vanguard Group Inc. boosted its holdings in Diodes by 2.8% in the fourth quarter. Vanguard Group Inc. now owns 6,154,859 shares of the semiconductor company’s stock valued at $303,681,000 after purchasing an additional 166,603 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in Diodes by 2.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,436,359 shares of the semiconductor company’s stock valued at $166,294,000 after purchasing an additional 53,934 shares in the last quarter. Finally, William Blair Investment Management LLC purchased a new stake in Diodes during the 2nd quarter worth approximately $184,153,000. Hedge funds and other institutional investors own 99.23% of the company’s stock.

Analysts Set New Price Targets

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

Diodes Stock Down 4.0%

DIOD stock opened at $87.13 on Wednesday. Diodes Incorporated has a 1 year low of $42.28 and a 1 year high of $125.99. The company has a fifty day simple moving average of $94.54 and a 200 day simple moving average of $90.41. The firm has a market cap of $4.01 billion, a PE ratio of 47.10 and a beta of 1.89. The company has a current ratio of 3.17, a quick ratio of 1.99 and a debt-to-equity ratio of 0.01.

Diodes (NASDAQ:DIOD) last posted its earnings results on Wednesday, August 5th. The semiconductor company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.07. Diodes had a net margin of 5.27% and a return on equity of 4.33%. The business had revenue of $445.53 million for the quarter, compared to analyst estimates of $436.60 million. During the same period last year, the business posted $0.32 EPS. Diodes’s 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. Sell-side analysts anticipate that Diodes Incorporated will post 3.15 EPS for the current fiscal year.

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.