Oak Associates Ltd. OH Boosts Holdings in Diodes Incorporated (NASDAQ:DIOD)

Oak Associates Ltd. OH increased its holdings in Diodes Incorporated (NASDAQ:DIOD - Get Rating) by 12.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,062 shares of the semiconductor company's stock after purchasing an additional 3,992 shares during the period. Oak Associates Ltd. OH owned 0.08% of Diodes worth $2,822,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in DIOD. Victory Capital Management Inc. raised its holdings in shares of Diodes by 308.6% during the 3rd quarter. Victory Capital Management Inc. now owns 434,549 shares of the semiconductor company's stock worth $28,207,000 after acquiring an additional 328,196 shares in the last quarter. Channing Capital Management LLC raised its holdings in shares of Diodes by 83.6% during the 3rd quarter. Channing Capital Management LLC now owns 671,654 shares of the semiconductor company's stock worth $43,597,000 after acquiring an additional 305,781 shares in the last quarter. Fuller & Thaler Asset Management Inc. increased its position in shares of Diodes by 102.3% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 578,250 shares of the semiconductor company's stock valued at $50,302,000 after purchasing an additional 292,450 shares during the last quarter. New York State Common Retirement Fund increased its position in shares of Diodes by 67.4% during the 4th quarter. New York State Common Retirement Fund now owns 473,151 shares of the semiconductor company's stock valued at $36,026,000 after purchasing an additional 190,468 shares during the last quarter. Finally, Renaissance Technologies LLC increased its position in shares of Diodes by 266.9% during the 1st quarter. Renaissance Technologies LLC now owns 212,651 shares of the semiconductor company's stock valued at $18,499,000 after purchasing an additional 154,700 shares during the last quarter. 96.24% of the stock is owned by hedge funds and other institutional investors.

In other news, SVP Emily Yang sold 1,000 shares of the firm's stock in a transaction that occurred on Thursday, February 16th. The stock was sold at an average price of $95.12, for a total value of $95,120.00. Following the transaction, the senior vice president now owns 44,542 shares in the company, valued at $4,236,835.04. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, SVP Emily Yang sold 1,000 shares of the firm's stock in a transaction that occurred on Thursday, February 16th. The stock was sold at an average price of $95.12, for a total value of $95,120.00. Following the transaction, the senior vice president now owns 44,542 shares in the company, valued at $4,236,835.04. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Julie Holland sold 8,075 shares of the firm's stock in a transaction that occurred on Wednesday, February 22nd. The shares were sold at an average price of $88.71, for a total value of $716,333.25. Following the completion of the transaction, the senior vice president now owns 43,702 shares in the company, valued at approximately $3,876,804.42. The disclosure for this sale can be found here. Over the last three months, insiders have sold 28,977 shares of company stock valued at $2,653,590. Company insiders own 2.20% of the company's stock.

DIOD has been the topic of several analyst reports. Wells Fargo & Company cut their target price on Diodes from $95.00 to $85.00 in a research report on Wednesday. Cowen upped their price objective on Diodes from $95.00 to $110.00 and gave the company an "outperform" rating in a research report on Tuesday, February 7th. Benchmark upped their price objective on Diodes from $90.00 to $105.00 and gave the company a "buy" rating in a research report on Thursday, February 9th. Robert W. Baird upped their price objective on Diodes from $100.00 to $120.00 and gave the company an "outperform" rating in a research report on Tuesday, February 7th. Finally, StockNews.com began coverage on Diodes in a research report on Thursday, March 16th. They issued a "buy" rating on the stock. One research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $103.83.

Shares of DIOD stock traded down $0.68 during mid-day trading on Friday, reaching $86.20. The stock had a trading volume of 24,310 shares, compared to its average volume of 197,442. The company has a current ratio of 2.69, a quick ratio of 1.85 and a debt-to-equity ratio of 0.09. Diodes Incorporated has a 1-year low of $58.52 and a 1-year high of $97.45. The business's fifty day moving average is $86.77 and its 200-day moving average is $85.47. The firm has a market cap of $3.94 billion, a price-to-earnings ratio of 12.12 and a beta of 1.48.

Diodes (NASDAQ:DIOD - Get Rating) last issued its quarterly earnings data on Tuesday, May 9th. The semiconductor company reported $1.59 EPS for the quarter, beating the consensus estimate of $1.46 by $0.13. Diodes had a return on equity of 23.28% and a net margin of 16.56%. The company had revenue of $467.24 million for the quarter, compared to analyst estimates of $467.03 million. During the same period last year, the company earned $1.75 earnings per share. Diodes's quarterly revenue was down 3.1% compared to the same quarter last year. On average, research analysts forecast that Diodes Incorporated will post 6.41 earnings per share for the current year.

Diodes, Inc manufactures and supplies application-specific standard products within the broad discrete, logic, analog, and mixed-signal semiconductor markets. The firm offers diodes, rectifiers, transistors, MOSFETs, protection devices, functional specific arrays, single gate, dual gate and standard logic, amplifiers and comparators, Hall-effect, and temperature sensors.

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