Cohu (NASDAQ:COHU) SVP Christopher Bohrson Sells 10,000 Shares of Stock

Cohu, Inc. (NASDAQ:COHUGet Free Report) SVP Christopher Bohrson sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $55.82, for a total transaction of $558,200.00. Following the sale, the senior vice president directly owned 159,702 shares of the company’s stock, valued at $8,914,565.64. This trade represents a 5.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Christopher Bohrson also recently made the following trade(s):

  • On Monday, August 17th, Christopher Bohrson sold 1,000 shares of Cohu stock. The stock was sold at an average price of $61.90, for a total transaction of $61,900.00.
  • On Monday, June 15th, Christopher Bohrson sold 1,000 shares of Cohu stock. The stock was sold at an average price of $63.88, for a total transaction of $63,880.00.

Cohu Stock Performance

Shares of COHU stock traded up $0.26 during mid-day trading on Friday, reaching $54.37. 789,189 shares of the company’s stock traded hands, compared to its average volume of 1,136,361. The company has a debt-to-equity ratio of 0.37, a quick ratio of 4.72 and a current ratio of 5.74. The firm has a market capitalization of $2.57 billion, a PE ratio of -65.51 and a beta of 1.59. Cohu, Inc. has a 12 month low of $18.67 and a 12 month high of $74.60. The firm has a 50 day moving average price of $56.96 and a two-hundred day moving average price of $45.09.

Cohu (NASDAQ:COHUGet Free Report) last announced its earnings results on Thursday, July 30th. The semiconductor company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.12. The company had revenue of $149.00 million for the quarter, compared to analysts’ expectations of $144.20 million. Cohu had a negative return on equity of 1.96% and a negative net margin of 7.43%.Cohu’s revenue for the quarter was up 38.3% compared to the same quarter last year. During the same period last year, the firm earned $0.02 EPS. On average, research analysts forecast that Cohu, Inc. will post 0.47 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have commented on COHU. Craig Hallum restated a “buy” rating and set a $74.00 target price on shares of Cohu in a research note on Friday, July 31st. Robert W. Baird assumed coverage on shares of Cohu in a research note on Wednesday, July 8th. They issued an “outperform” rating and a $65.00 price objective for the company. B. Riley Financial lifted their target price on shares of Cohu from $65.00 to $69.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Zacks Research upgraded Cohu from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 30th. Finally, Evercore restated an “outperform” rating and issued a $53.00 price objective on shares of Cohu in a research report on Tuesday, April 28th. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Cohu presently has a consensus rating of “Buy” and a consensus target price of $68.75.

View Our Latest Analysis on Cohu

Institutional Investors Weigh In On Cohu

Several large investors have recently bought and sold shares of the business. Vanguard Personalized Indexing Management LLC increased its stake in 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 purchasing an additional 332 shares in the last quarter. Sheets Smith Wealth Management raised its stake in Cohu by 3.0% in the 1st quarter. Sheets Smith Wealth Management now owns 14,644 shares of the semiconductor company’s stock worth $448,000 after acquiring an additional 420 shares during the last quarter. US Bancorp DE lifted its position in Cohu by 4.6% during the 3rd quarter. US Bancorp DE now owns 9,847 shares of the semiconductor company’s stock worth $200,000 after acquiring an additional 432 shares during the period. Farther Finance Advisors LLC grew its stake in Cohu by 45.0% during the 4th 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 last quarter. Finally, Nykredit A S purchased a new stake in Cohu during the 2nd quarter valued at about $36,000. Institutional investors own 94.67% of the company’s stock.

Cohu Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Cohu (NASDAQ:COHU)

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