Is Diodes Inc (NASDAQ:DIOD) Going to Burn These Institutional Investors?

May 17, 2018 - By Mona Holcomb

Diodes Incorporated (NASDAQ:DIOD) Logo

Sentiment for Diodes Inc (NASDAQ:DIOD)

Diodes Inc (NASDAQ:DIOD) institutional sentiment increased to 1.67 in Q4 2017. Its up 0.31, from 1.36 in 2017Q3. The ratio is positive, as 100 investment professionals opened new and increased equity positions, while 60 reduced and sold their stock positions in Diodes Inc. The investment professionals in our partner’s database now own: 37.47 million shares, up from 36.29 million shares in 2017Q3. Also, the number of investment professionals holding Diodes Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 16 Reduced: 44 Increased: 65 New Position: 35.

Diodes Incorporated, together with its subsidiaries, designs, makes, and supplies application-specific standard products in the discrete, logic, and analog and mixed semiconductor markets primarily in Asia, North America, and Europe. The company has market cap of $1.66 billion. It primarily focusses on low pin count semiconductor devices with one or more active or passive components. It currently has negative earnings. The firm offers discrete semiconductor products, such as performance Schottky rectifiers and diodes; Zener diodes, including tight tolerance and low operating current type performance Zener diodes; standard, fast, super-fast, and ultra-fast recovery rectifiers; bridge rectifiers; switching diodes; small signal bipolar and pre-biased transistors; MOSFETs; thyristor surge protection devices; and transient voltage suppressors.

The stock increased 0.03% or $0.01 during the last trading session, reaching $33.4. About 75,967 shares traded. Diodes Incorporated (NASDAQ:DIOD) has risen 27.99% since May 17, 2017 and is uptrending. It has outperformed by 16.44% the S&P500.

Analysts await Diodes Incorporated (NASDAQ:DIOD) to report earnings on August, 14. They expect $0.54 earnings per share, up 50.00 % or $0.18 from last year’s $0.36 per share. DIOD’s profit will be $26.77 million for 15.46 P/E if the $0.54 EPS becomes a reality. After $0.48 actual earnings per share reported by Diodes Incorporated for the previous quarter, Wall Street now forecasts 12.50 % EPS growth.

Timpani Capital Management Llc holds 1.12% of its portfolio in Diodes Incorporated for 108,707 shares. Tygh Capital Management Inc. owns 171,854 shares or 0.93% of their US portfolio. Moreover, Pettee Investors Inc. has 0.37% invested in the company for 21,175 shares. The Connecticut-based Matarin Capital Management Llc has invested 0.34% in the stock. Brown Capital Management Llc, a Maryland-based fund reported 934,229 shares.

Since January 1, 0001, it had 0 insider purchases, and 4 selling transactions for $857,969 activity.

Diodes Incorporated (NASDAQ:DIOD) Ratings Coverage

Ratings analysis reveals 100% of Diodes Inc’s analysts are positive. Out of 4 Wall Street analysts rating Diodes Inc, 4 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $36.0 while the high is $37.0. The stock’s average target of $36.50 is 9.28% above today’s ($33.4) share price. DIOD was included in 4 notes of analysts from December 14, 2017. The stock of Diodes Incorporated (NASDAQ:DIOD) has “Buy” rating given on Thursday, February 8 by Benchmark. The rating was upgraded by Sidoti on Thursday, December 14 to “Buy”. As per Thursday, April 19, the company rating was upgraded by Longbow. The company was maintained on Thursday, February 8 by Robert W. Baird.

More notable recent Diodes Incorporated (NASDAQ:DIOD) news were published by: Businesswire.com which released: “10W Stereo Class-D Audio Power Amplifier with SSM and NCPL from Diodes Incorporated Targets Wireless Media …” on May 09, 2018, also Seekingalpha.com with their article: “Diodes Incorporated 2018 Q1 – Results – Earnings Call Slides” published on May 10, 2018, Businesswire.com published: “Diodes Incorporated Reports First Quarter 2018 Financial Results” on May 08, 2018. More interesting news about Diodes Incorporated (NASDAQ:DIOD) were released by: Seekingalpha.com and their article: “Diodes Incorporated’s (DIOD) CEO Keh-Shew Lu on Q1 2018 Results – Earnings Call Transcript” published on May 11, 2018 as well as Streetinsider.com‘s news article titled: “Diodes (DIOD) Tops Q1 EPS by 8c; Guides Above the Street” with publication date: May 08, 2018.

Diodes Incorporated (NASDAQ:DIOD) Institutional Positions Chart

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