EntryPoint Capital LLC Has $343,000 Holdings in Diodes Incorporated (NASDAQ:DIOD)

EntryPoint Capital LLC raised its position in shares of Diodes Incorporated (NASDAQ:DIOD) by 20.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,558 shares of the semiconductor company’s stock after buying an additional 948 shares during the period. EntryPoint Capital LLC’s holdings in Diodes were worth $343,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of DIOD. Truvestments Capital LLC acquired a new stake in Diodes during the 3rd quarter valued at $29,000. Smartleaf Asset Management LLC grew its holdings in shares of Diodes by 198.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 785 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 522 shares during the last quarter. Quantbot Technologies LP acquired a new stake in shares of Diodes in the fourth quarter valued at $79,000. KBC Group NV raised its holdings in shares of Diodes by 36.7% in the fourth quarter. KBC Group NV now owns 1,987 shares of the semiconductor company’s stock valued at $123,000 after buying an additional 533 shares during the last quarter. Finally, Quest Partners LLC acquired a new position in Diodes during the 3rd quarter worth about $184,000. Institutional investors own 99.23% of the company’s stock.

Diodes Price Performance

Shares of DIOD stock opened at $46.52 on Thursday. The company has a quick ratio of 1.99, a current ratio of 3.26 and a debt-to-equity ratio of 0.01. Diodes Incorporated has a 12 month low of $44.24 and a 12 month high of $86.74. The firm has a market cap of $2.16 billion, a price-to-earnings ratio of 48.97 and a beta of 1.31. The stock has a 50-day moving average price of $53.15 and a 200 day moving average price of $59.01.

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

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on DIOD shares. Benchmark lowered their price objective on shares of 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 lowered their price target on shares of Diodes from $63.00 to $53.00 and set a “hold” rating for the company in a report on Wednesday, February 12th.

Insider Activity

In other Diodes news, SVP Emily Yang sold 950 shares of the company’s stock in a transaction that occurred on 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 owns 65,107 shares of the company’s stock, valued at approximately $3,648,596.28. This represents a 1.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Gary Yu sold 2,900 shares of Diodes stock in a transaction 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 transaction, the president now directly owns 79,697 shares in the company, valued at approximately $4,466,219.88. This represents a 3.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 4,680 shares of company stock valued at $262,267 in the last 90 days. 2.30% of the stock is owned by company insiders.

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.