AlphaMark Advisors LLC Has $320,000 Position in Diodes Incorporated (NASDAQ:DIOD)

AlphaMark Advisors LLC boosted its holdings in shares of Diodes Incorporated (NASDAQ:DIOD) by 15.6% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 4,997 shares of the semiconductor company’s stock after acquiring an additional 674 shares during the period. AlphaMark Advisors LLC’s holdings in Diodes were worth $320,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. BNP Paribas Financial Markets raised its holdings in shares of Diodes by 113.2% in the 1st quarter. BNP Paribas Financial Markets now owns 72,116 shares of the semiconductor company’s stock worth $5,084,000 after acquiring an additional 38,296 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Diodes by 2.3% in the first quarter. Vanguard Group Inc. now owns 5,782,828 shares of the semiconductor company’s stock valued at $407,689,000 after purchasing an additional 132,101 shares in the last quarter. Seven Eight Capital LP purchased a new position in shares of Diodes during the first quarter valued at approximately $1,055,000. Bessemer Group Inc. grew its holdings in Diodes by 7.4% during the first quarter. Bessemer Group Inc. now owns 144,875 shares of the semiconductor company’s stock worth $10,213,000 after buying an additional 9,924 shares in the last quarter. Finally, William Blair Investment Management LLC raised its position in Diodes by 19.0% in the 1st quarter. William Blair Investment Management LLC now owns 479,614 shares of the semiconductor company’s stock valued at $33,813,000 after buying an additional 76,447 shares during the last quarter. 99.23% of the stock is owned by institutional investors.

Diodes Stock Performance

NASDAQ DIOD opened at $63.98 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.10 and a current ratio of 3.38. The company has a market capitalization of $2.95 billion, a PE ratio of 17.43 and a beta of 1.32. Diodes Incorporated has a 52-week low of $58.50 and a 52-week high of $86.74. The company has a 50-day simple moving average of $64.05 and a 200 day simple moving average of $69.88.

Diodes (NASDAQ:DIOD) last posted its quarterly earnings results on Thursday, August 8th. The semiconductor company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. Diodes had a net margin of 7.12% and a return on equity of 5.76%. The company had revenue of $319.80 million for the quarter, compared to analysts’ expectations of $316.12 million. During the same quarter in the previous year, the firm posted $1.59 EPS. Diodes’s revenue was down 31.5% on a year-over-year basis. On average, research analysts predict that Diodes Incorporated will post 1.55 EPS for the current year.

Insider Activity

In related news, CEO Keh Shew Lu sold 20,010 shares of the business’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $67.25, for a total value of $1,345,672.50. Following the sale, the chief executive officer now directly owns 246,492 shares in the company, valued at approximately $16,576,587. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, CFO Brett R. Whitmire sold 1,900 shares of Diodes stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $69.99, for a total value of $132,981.00. Following the completion of the transaction, the chief financial officer now directly owns 46,365 shares in the company, valued at approximately $3,245,086.35. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Keh Shew Lu sold 20,010 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $67.25, for a total value of $1,345,672.50. Following the sale, the chief executive officer now owns 246,492 shares in the company, valued at approximately $16,576,587. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 24,182 shares of company stock valued at $1,640,921 in the last 90 days. Insiders own 2.30% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. StockNews.com downgraded shares of Diodes from a “hold” rating to a “sell” rating in a report on Wednesday, August 21st. Truist Financial decreased their price objective on shares of Diodes from $74.00 to $69.00 and set a “hold” rating for the company in a research note on Friday, August 9th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $73.20.

Diodes 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.