Diodes Incorporated (NASDAQ:DIOD) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its holdings in Diodes Incorporated (NASDAQ:DIOD - Free Report) by 5.2% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 626,106 shares of the semiconductor company's stock after buying an additional 31,089 shares during the period. Charles Schwab Investment Management Inc. owned 1.35% of Diodes worth $40,127,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of DIOD. Earnest Partners LLC grew its position in shares of Diodes by 1.4% during the second quarter. Earnest Partners LLC now owns 2,571,188 shares of the semiconductor company's stock valued at $184,946,000 after purchasing an additional 36,390 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Diodes by 8.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,913,282 shares of the semiconductor company's stock valued at $137,620,000 after acquiring an additional 141,610 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Diodes by 130.9% in the 3rd quarter. Victory Capital Management Inc. now owns 1,744,135 shares of the semiconductor company's stock valued at $111,782,000 after acquiring an additional 988,671 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in shares of Diodes by 0.5% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 851,242 shares of the semiconductor company's stock valued at $61,230,000 after acquiring an additional 4,615 shares during the last quarter. Finally, Sei Investments Co. lifted its holdings in shares of Diodes by 5.7% in the 2nd quarter. Sei Investments Co. now owns 783,448 shares of the semiconductor company's stock valued at $56,353,000 after acquiring an additional 42,192 shares during the last quarter. Hedge funds and other institutional investors own 99.23% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on DIOD. StockNews.com raised shares of Diodes from a "sell" rating to a "hold" rating in a report on Monday, November 11th. Benchmark decreased their price target on shares of Diodes from $83.00 to $75.00 and set a "buy" rating for the company in a research note on Monday, November 11th. Finally, Truist Financial decreased their price target on shares of Diodes from $69.00 to $62.00 and set a "hold" rating for the company in a research note on Friday, November 8th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Diodes has a consensus rating of "Hold" and a consensus target price of $72.80.

Diodes Stock Down 3.6 %

NASDAQ DIOD traded down $2.36 on Tuesday, hitting $63.65. The stock had a trading volume of 310,017 shares, compared to its average volume of 349,049. The business's fifty day moving average price is $62.12 and its 200 day moving average price is $67.80. 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 52-week low of $52.71 and a 52-week high of $86.74. The stock has a market cap of $2.95 billion, a price-to-earnings ratio of 48.22 and a beta of 1.34.

About Diodes

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.