Cohu, Inc. $COHU Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC lowered its position in shares of Cohu, Inc. (NASDAQ:COHU) by 17.1% in the second quarter, HoldingsChannel.com reports. The firm owned 23,444 shares of the semiconductor company’s stock after selling 4,834 shares during the quarter. Intech Investment Management LLC’s holdings in Cohu were worth $451,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of COHU. State of Alaska Department of Revenue boosted its position in shares of Cohu by 7.2% during the 2nd quarter. State of Alaska Department of Revenue now owns 27,688 shares of the semiconductor company’s stock worth $531,000 after acquiring an additional 1,859 shares in the last quarter. Leeward Investments LLC MA lifted its stake in Cohu by 6.2% during the second quarter. Leeward Investments LLC MA now owns 452,985 shares of the semiconductor company’s stock worth $8,715,000 after purchasing an additional 26,454 shares during the last quarter. First Eagle Investment Management LLC acquired a new position in Cohu in the second quarter valued at approximately $3,950,000. Tributary Capital Management LLC increased its stake in Cohu by 7.4% in the second quarter. Tributary Capital Management LLC now owns 656,732 shares of the semiconductor company’s stock valued at $12,636,000 after purchasing an additional 45,360 shares during the last quarter. Finally, Comerica Bank increased its stake in Cohu by 80.9% in the first quarter. Comerica Bank now owns 62,740 shares of the semiconductor company’s stock valued at $923,000 after purchasing an additional 28,054 shares during the last quarter. 94.67% of the stock is currently owned by institutional investors and hedge funds.

Cohu Trading Up 1.1%

Shares of Cohu stock opened at $24.32 on Friday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.51 and a current ratio of 4.88. The company has a market capitalization of $1.14 billion, a P/E ratio of -15.49 and a beta of 1.48. Cohu, Inc. has a 1 year low of $12.57 and a 1 year high of $29.08. The company’s fifty day moving average is $22.18 and its two-hundred day moving average is $20.36.

Cohu (NASDAQ:COHU) last released its quarterly earnings results on Wednesday, October 29th. The semiconductor company reported ($0.06) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.13. The firm had revenue of $126.25 million for the quarter, compared to analyst estimates of $124.98 million. Cohu had a negative return on equity of 3.72% and a negative net margin of 17.22%.The business’s revenue was up 32.5% on a year-over-year basis. During the same quarter last year, the company posted ($0.08) earnings per share. Cohu has set its Q4 2025 guidance at EPS. Analysts forecast that Cohu, Inc. will post -0.36 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on COHU. Weiss Ratings restated a “sell (d-)” rating on shares of Cohu in a report on Wednesday, October 8th. TD Cowen upped their price objective on shares of Cohu from $22.00 to $30.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. B. Riley reaffirmed a “buy” rating on shares of Cohu in a report on Thursday, October 30th. Finally, Cowen reissued a “buy” rating on shares of Cohu in a report on Thursday, October 30th. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $29.33.

Cohu Company Profile

Cohu, Inc, through its subsidiaries, provides semiconductor test equipment and services in China, the United States, Taiwan, Malaysia, the Philippines, and internationally. The company supplies semiconductor test and inspection handlers, micro-electromechanical system (MEMS) test modules, test contactors, thermal sub-systems, and semiconductor automated test equipment for semiconductor manufacturers and test subcontractors.