Key Points
- SVP Christopher Bohrson sold 1,000 Cohu shares on March 16 at an average price of $28.57, totaling $28,570 and trimming his stake by 0.56% to 176,202 shares (≈$5.03M).
- Cohu reported Q results with EPS of -$0.15—missing estimates—while revenue rose 29.9% to $122.23M, and the company showed a negative net margin (-16.4%) and negative return on equity.
- Analyst views are mixed (consensus "Hold" with a $33.60 target), as the stock trades near $28.88 with a $1.35B market cap and a 52-week range of $12.57–$34.96.
Cohu, Inc. (NASDAQ:COHU - Get Free Report) SVP Christopher Bohrson sold 1,000 shares of Cohu stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $28.57, for a total transaction of $28,570.00. Following the transaction, the senior vice president directly owned 176,202 shares of the company's stock, valued at approximately $5,034,091.14. This trade represents a 0.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Cohu Price Performance
Shares of COHU opened at $28.88 on Wednesday. The stock has a market cap of $1.35 billion, a PE ratio of -18.16 and a beta of 1.27. The company has a debt-to-equity ratio of 0.36, a quick ratio of 5.69 and a current ratio of 6.88. Cohu, Inc. has a fifty-two week low of $12.57 and a fifty-two week high of $34.96. The firm's 50-day simple moving average is $29.38 and its two-hundred day simple moving average is $24.96.
Cohu (NASDAQ:COHU - Get Free Report) last released its earnings results on Thursday, February 12th. The semiconductor company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.22). Cohu had a negative net margin of 16.40% and a negative return on equity of 3.76%. The business had revenue of $122.23 million for the quarter, compared to analysts' expectations of $122.09 million. During the same quarter in the previous year, the business posted ($0.15) earnings per share. Cohu's revenue for the quarter was up 29.9% on a year-over-year basis. Analysts anticipate that Cohu, Inc. will post -0.36 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Cohu
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Cohu by 2.1% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 16,231 shares of the semiconductor company's stock valued at $378,000 after acquiring an additional 332 shares during the last quarter. US Bancorp DE lifted its position in Cohu by 4.6% during the third quarter. US Bancorp DE now owns 9,847 shares of the semiconductor company's stock valued at $200,000 after purchasing an additional 432 shares during the period. Farther Finance Advisors LLC lifted its position in Cohu by 45.0% during the fourth quarter. Farther Finance Advisors LLC now owns 1,456 shares of the semiconductor company's stock valued at $34,000 after purchasing an additional 452 shares during the period. Amalgamated Bank boosted its holdings in Cohu by 3.4% in the third quarter. Amalgamated Bank now owns 13,712 shares of the semiconductor company's stock worth $279,000 after purchasing an additional 457 shares during the last quarter. Finally, Bessemer Group Inc. boosted its holdings in Cohu by 45.4% in the third quarter. Bessemer Group Inc. now owns 1,564 shares of the semiconductor company's stock worth $31,000 after purchasing an additional 488 shares during the last quarter. Institutional investors own 94.67% of the company's stock.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on COHU. Evercore began coverage on Cohu in a research note on Monday. They issued an "outperform" rating and a $35.00 target price on the stock. Weiss Ratings reissued a "sell (d-)" rating on shares of Cohu in a research report on Wednesday, January 21st. B. Riley Financial decreased their target price on shares of Cohu from $35.00 to $33.00 and set a "buy" rating for the company in a report on Friday, February 13th. Needham & Company LLC upped their target price on shares of Cohu from $30.00 to $33.00 and gave the stock a "buy" rating in a research note on Friday, February 13th. Finally, Zacks Research cut shares of Cohu from a "hold" rating to a "strong sell" rating in a report on Thursday, February 19th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $33.60.
Check Out Our Latest Research Report on Cohu
About Cohu
(
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Cohu, Inc is a global provider of semiconductor test and inspection solutions, offering a broad portfolio of products designed to support chip manufacturers, outsourced semiconductor assembly and test (OSAT) providers, and electronics original equipment manufacturers (OEMs). The company's product lineup includes automatic test handlers, wafer probers, test sockets, thermal subassembly systems and burn-in boards, all engineered to optimize throughput, accuracy and reliability in semiconductor production and final test.
Founded in 1947 and headquartered in Poway, California, Cohu has grown through both organic development and targeted acquisitions to become a recognized leader in test handling and interconnect technologies.
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