Insider sale details
On February 13, 2026, Andy Tsong, senior vice president of Worldwide Products Group at Diodes Incorporated, sold 3,277 shares of the company's common stock, according to a filed Form 4. The shares were disposed of at a weighted average price of $70.4584, producing proceeds of $230,892. Reported trade prices for the lot ranged from $69.385 to $71.07.
Following the sale, Tsong retains direct ownership of 52,404 shares of Diodes common stock. The filing also shows he directly holds 32,100 shares of Diodes common stock in the form of Performance Stock Units. The filing notes a reduction of 9,000 in the amount of securities beneficially owned, attributed to the 2023 PSU Award having no settlement of shares.
Share performance and valuation snapshot
The transaction took place while the company's shares were on an upswing, with a 15.2% gain over the prior week and a 34.7% advance across the previous six months. At the time of reporting, the stock was trading at $67.45, slightly under the SVP's weighted sale price.
Valuation metrics show a price-to-earnings ratio of 47.6, which the filing characterizes as high relative to the company's sector. Offsetting elevated valuation are balance-sheet indicators cited in the filing: the company is reported to have more cash than debt.
Recent financial results and analyst activity
Diodes' fourth-quarter results for 2025 were mixed. The company reported earnings per share of $0.34, falling short of expectations of $0.38 - a negative surprise of 10.53%. Revenue, however, came in stronger than forecast at $391.6 million versus an anticipated $384.89 million, a 1.74% beat.
On the analyst front, Baird raised its price target on the company to $80 from $60 and maintained an Outperform rating, citing an ongoing cycle recovery and company-specific catalysts. Separately, the filing notes that analysts remain broadly optimistic, with the company expected to be profitable this year and two analysts having recently revised earnings estimates upward.
Takeaway and positioning
The insider sale represents a modest personal liquidity event relative to institutional volumes and occurred amid a period of strong absolute share returns. The company's recent quarter presents a mixed operational picture: revenue beat consensus while EPS missed. Analysts' upward estimate revisions and a higher price target from Baird are listed as supportive signs, while a relatively high P/E ratio versus the sector tempers valuation expectations. The company's balance sheet, described as having more cash than debt, is cited as a financial strength.
Disclosure
This article reflects information contained in the reported filing and the company's recent financial disclosures.