Segall Bryant & Hamill LLC Buys 531,661 Shares of Cohu, Inc. $COHU

Segall Bryant & Hamill LLC grew its position in Cohu, Inc. (NASDAQ:COHU) by 125.5% in the first quarter, Holdings Channel reports. The fund owned 955,344 shares of the semiconductor company’s stock after acquiring an additional 531,661 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Cohu were worth $29,253,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Cohu by 3.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,214 shares of the semiconductor company’s stock valued at $400,000 after buying an additional 905 shares during the period. Caxton Associates LLP acquired a new stake in Cohu during the 1st quarter worth approximately $276,000. Jane Street Group LLC grew its holdings in Cohu by 2,042.7% during the 1st quarter. Jane Street Group LLC now owns 162,674 shares of the semiconductor company’s stock worth $2,393,000 after acquiring an additional 155,082 shares during the last quarter. American Century Companies Inc. grew its holdings in Cohu by 4.9% during the 2nd quarter. American Century Companies Inc. now owns 114,361 shares of the semiconductor company’s stock worth $2,200,000 after acquiring an additional 5,297 shares during the last quarter. Finally, Invesco Ltd. increased its position in Cohu by 478.4% in the 2nd quarter. Invesco Ltd. now owns 1,175,282 shares of the semiconductor company’s stock valued at $22,612,000 after acquiring an additional 972,088 shares during the period. 94.67% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently issued reports on COHU shares. Needham & Company LLC raised their price target on shares of Cohu from $54.00 to $65.00 and gave the company a “buy” rating in a research note on Friday. Stifel Nicolaus increased their price objective on Cohu from $50.00 to $70.00 and gave the company a “buy” rating in a report on Friday, July 10th. Jefferies Financial Group reaffirmed a “buy” rating and set a $74.00 target price on shares of Cohu in a research report on Friday. Craig Hallum reaffirmed a “buy” rating and set a $74.00 target price on shares of Cohu in a report on Friday. Finally, Robert W. Baird began coverage on Cohu in a research report on Wednesday, July 8th. They issued an “outperform” rating and a $65.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $68.75.

Cohu News Summary

Here are the key news stories impacting Cohu this week:

• Positive Sentiment: Second-quarter results exceeded expectations: Cohu reported adjusted earnings of $0.26 per share versus the $0.14 consensus estimate, while revenue rose 38.3% year over year to $149.0 million, ahead of the $144.2 million forecast. Results benefited from AI-compute demand, higher tester and recurring-service sales, and a favorable product mix. COHU Q2 Earnings Beat Estimates on AI Compute and Favorable Mix
• Positive Sentiment: Strong third-quarter outlook: Management forecast revenue of $163 million to $177 million, well above the $146.6 million analyst consensus. The outlook suggests continued momentum from high-performance computing and semiconductor test demand. Cohu jumps on strong Q2 results, guidance
• Positive Sentiment: Analysts raised their valuations: B. Riley lifted its price target from $65 to $69 and assigned a Buy rating. Needham analyst Charles Shi also reiterated a Buy rating and raised his target to $65, citing accelerating growth and HPC tailwinds. B. Riley analyst action Needham analyst action
• Negative Sentiment: GAAP profitability remains a concern: Although adjusted earnings were positive, Cohu posted a GAAP loss of approximately $0.2 million for the quarter, alongside a negative net margin and negative return on equity. Investors may therefore focus on whether improving revenue and mix can translate into sustainable GAAP profits. Cohu Reports Second Quarter 2026 Results

Cohu Stock Up 3.3%

Shares of NASDAQ COHU opened at $47.99 on Friday. The company’s 50 day moving average price is $56.71 and its 200-day moving average price is $42.43. The company has a debt-to-equity ratio of 0.37, a quick ratio of 5.31 and a current ratio of 6.43. Cohu, Inc. has a 52-week low of $17.80 and a 52-week high of $74.60. The company has a market capitalization of $2.26 billion, a P/E ratio of -57.82 and a beta of 1.55.

Cohu (NASDAQ:COHU) last posted its quarterly earnings data on Thursday, July 30th. The semiconductor company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.12. Cohu had a negative net margin of 7.43% and a negative return on equity of 1.95%. The company had revenue of $149.00 million during the quarter, compared to analysts’ expectations of $144.20 million. During the same period in the prior year, the company posted $0.02 earnings per share. Cohu’s revenue for the quarter was up 38.3% compared to the same quarter last year. Equities analysts forecast that Cohu, Inc. will post 0.17 earnings per share for the current year.

Insider Buying and Selling at Cohu

In other news, CFO Jeffrey D. Jones sold 13,000 shares of Cohu stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $46.84, for a total value of $608,920.00. Following the completion of the transaction, the chief financial officer directly owned 343,792 shares of the company’s stock, valued at approximately $16,103,217.28. This trade represents a 3.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Steven J. Bilodeau sold 10,257 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $44.85, for a total value of $460,026.45. Following the completion of the transaction, the director directly owned 52,272 shares in the company, valued at $2,344,399.20. This represents a 16.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 89,668 shares of company stock valued at $4,210,016. 3.05% of the stock is owned by corporate insiders.

Cohu Company Profile

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.