Yousif Capital Management LLC Has $1.08 Million Stock Holdings in Diodes Incorporated (NASDAQ:DIOD)

Yousif Capital Management LLC lowered its stake in Diodes Incorporated (NASDAQ:DIOD) by 2.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 17,567 shares of the semiconductor company’s stock after selling 420 shares during the quarter. Yousif Capital Management LLC’s holdings in Diodes were worth $1,083,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. GAMMA Investing LLC lifted its stake in shares of Diodes by 68.9% in the 3rd quarter. GAMMA Investing LLC now owns 765 shares of the semiconductor company’s stock valued at $49,000 after purchasing an additional 312 shares during the period. KBC Group NV lifted its stake 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. Truvestments Capital LLC acquired a new position in shares of Diodes in the 3rd quarter valued at $29,000. Tectonic Advisors LLC lifted its stake in shares of Diodes by 5.0% in the 3rd quarter. Tectonic Advisors LLC now owns 10,689 shares of the semiconductor company’s stock valued at $685,000 after purchasing an additional 508 shares during the period. Finally, Blue Trust Inc. lifted its stake in shares of Diodes by 11.8% in the 3rd quarter. Blue Trust Inc. now owns 4,817 shares of the semiconductor company’s stock valued at $309,000 after purchasing an additional 510 shares during the period. Institutional investors and hedge funds own 99.23% of the company’s stock.

Diodes Price Performance

Shares of NASDAQ DIOD opened at $53.47 on Friday. The stock has a market capitalization of $2.48 billion, a price-to-earnings ratio of 40.51 and a beta of 1.31. The business has a 50-day moving average of $60.68 and a 200-day moving average of $62.42. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.58 and a quick ratio of 2.21. Diodes Incorporated has a fifty-two week low of $50.26 and a fifty-two week high of $86.74.

Diodes (NASDAQ:DIOD) last announced its quarterly earnings data on Tuesday, February 11th. The semiconductor company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.27). Diodes had a net margin of 4.72% and a return on equity of 3.90%. As a group, sell-side analysts predict that Diodes Incorporated will post 1.35 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. StockNews.com upgraded shares of Diodes from a “sell” rating to a “hold” rating in a research report on Monday, November 11th. Truist Financial lowered their target price on Diodes from $63.00 to $53.00 and set a “hold” rating for the company in a report on Wednesday. Finally, Benchmark decreased their price objective on Diodes from $74.00 to $65.00 and set a “buy” rating for the company in a report on Wednesday.

Insider Activity at Diodes

In related news, SVP Emily Yang sold 950 shares of the firm’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $56.04, for a total value of $53,238.00. Following the completion of the sale, the senior vice president now directly owns 65,107 shares in the company, valued at approximately $3,648,596.28. This trade represents a 1.44 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, President Gary Yu sold 2,900 shares of the firm’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 $162,516.00. Following the sale, the president now owns 79,697 shares of the company’s stock, valued at $4,466,219.88. This trade represents a 3.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,680 shares of company stock worth $262,267. Insiders own 2.30% of the company’s stock.

Diodes Company Profile

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.