Brinker Capital Investments LLC Has $1.05 Million Stake in Cohu, Inc. (NASDAQ:COHU)

Brinker Capital Investments LLC trimmed its position in shares of Cohu, Inc. (NASDAQ:COHUGet Rating) by 4.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,650 shares of the semiconductor company’s stock after selling 1,725 shares during the period. Brinker Capital Investments LLC owned approximately 0.08% of Cohu worth $1,048,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the company. BlackRock Inc. grew its stake in Cohu by 0.7% during the first quarter. BlackRock Inc. now owns 7,391,458 shares of the semiconductor company’s stock worth $218,789,000 after buying an additional 50,706 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Cohu by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 3,684,127 shares of the semiconductor company’s stock valued at $109,049,000 after purchasing an additional 21,908 shares in the last quarter. Victory Capital Management Inc. boosted its stake in shares of Cohu by 15.8% in the 2nd quarter. Victory Capital Management Inc. now owns 2,801,536 shares of the semiconductor company’s stock valued at $77,743,000 after purchasing an additional 382,863 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Cohu by 8.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,436,068 shares of the semiconductor company’s stock valued at $72,109,000 after purchasing an additional 186,085 shares in the last quarter. Finally, Franklin Resources Inc. boosted its stake in shares of Cohu by 34.8% in the 2nd quarter. Franklin Resources Inc. now owns 1,803,851 shares of the semiconductor company’s stock valued at $50,057,000 after purchasing an additional 465,777 shares in the last quarter. 90.79% of the stock is currently owned by institutional investors and hedge funds.

Cohu Stock Up 1.4 %

Cohu stock opened at $35.41 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.42 and a current ratio of 4.39. Cohu, Inc. has a 52-week low of $24.06 and a 52-week high of $37.66. The firm has a 50 day moving average price of $34.32 and a two-hundred day moving average price of $30.60. The firm has a market cap of $1.69 billion, a price-to-earnings ratio of 18.07 and a beta of 1.56.

Cohu (NASDAQ:COHUGet Rating) last released its quarterly earnings data on Thursday, October 27th. The semiconductor company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.08. The company had revenue of $206.69 million during the quarter, compared to analyst estimates of $202.50 million. Cohu had a net margin of 11.81% and a return on equity of 14.98%. Equities analysts predict that Cohu, Inc. will post 2.58 EPS for the current year.

Wall Street Analyst Weigh In

COHU has been the topic of a number of research analyst reports. Cowen raised their price target on shares of Cohu from $35.00 to $42.00 and gave the company an “outperform” rating in a research note on Monday, October 31st. Citigroup upgraded shares of Cohu from a “neutral” rating to a “buy” rating and raised their price objective for the company from $30.00 to $45.00 in a report on Friday, November 4th. Cowen raised their price objective on shares of Cohu from $35.00 to $42.00 and gave the company an “outperform” rating in a report on Monday, October 31st. The Goldman Sachs Group raised their price objective on shares of Cohu from $25.00 to $28.00 and gave the company a “sell” rating in a report on Tuesday, November 1st. Finally, StockNews.com upgraded shares of Cohu from a “hold” rating to a “buy” rating in a report on Tuesday, December 13th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, Cohu has a consensus rating of “Moderate Buy” and an average price target of $38.00.

Insider Activity at Cohu

In related news, Director Steven J. Bilodeau sold 9,000 shares of Cohu stock in a transaction on Friday, November 11th. The shares were sold at an average price of $37.13, for a total value of $334,170.00. Following the completion of the sale, the director now owns 57,138 shares of the company’s stock, valued at approximately $2,121,533.94. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, Director Steven J. Bilodeau sold 9,000 shares of Cohu stock in a transaction on Friday, November 11th. The shares were sold at an average price of $37.13, for a total value of $334,170.00. Following the completion of the sale, the director now owns 57,138 shares of the company’s stock, valued at approximately $2,121,533.94. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Nina Richardson sold 769 shares of Cohu stock in a transaction on Tuesday, November 1st. The stock was sold at an average price of $33.35, for a total transaction of $25,646.15. Following the transaction, the director now directly owns 26,083 shares in the company, valued at $869,868.05. The disclosure for this sale can be found here. In the last 90 days, insiders sold 21,336 shares of company stock valued at $781,543. 2.33% of the stock is owned by company insiders.

About Cohu

(Get Rating)

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 and electronics manufacturers, and test subcontractors.

Read More

Institutional Ownership by Quarter for Cohu (NASDAQ:COHU)

Receive News & Ratings for Cohu Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cohu and related companies with MarketBeat.com's FREE daily email newsletter.