Cohu, Inc. $COHU Shares Sold by Maryland State Retirement & Pension System

Maryland State Retirement & Pension System trimmed its stake in shares of Cohu, Inc. (NASDAQ:COHU) by 14.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,603 shares of the semiconductor company’s stock after selling 2,241 shares during the quarter. Maryland State Retirement & Pension System’s holdings in Cohu were worth $200,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Ameriprise Financial Inc. boosted its holdings in Cohu by 15.5% in the 4th quarter. Ameriprise Financial Inc. now owns 1,148,977 shares of the semiconductor company’s stock valued at $30,678,000 after purchasing an additional 154,550 shares in the last quarter. GAMMA Investing LLC raised its position in Cohu by 172.2% in the first quarter. GAMMA Investing LLC now owns 2,659 shares of the semiconductor company’s stock worth $39,000 after acquiring an additional 1,682 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Cohu by 6.0% in the first quarter. Janney Montgomery Scott LLC now owns 25,642 shares of the semiconductor company’s stock valued at $377,000 after purchasing an additional 1,454 shares during the period. Bank of America Corp DE grew its position in Cohu by 89.0% during the fourth quarter. Bank of America Corp DE now owns 110,722 shares of the semiconductor company’s stock worth $2,956,000 after buying an additional 52,141 shares during the period. Finally, Deutsche Bank AG grew its position in Cohu by 70.8% during the fourth quarter. Deutsche Bank AG now owns 69,558 shares of the semiconductor company’s stock worth $1,857,000 after buying an additional 28,832 shares during the period. Institutional investors and hedge funds own 94.67% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on COHU. Needham & Company LLC restated a “hold” rating on shares of Cohu in a research report on Friday, May 2nd. Wall Street Zen downgraded shares of Cohu from a “hold” rating to a “sell” rating in a report on Tuesday, May 13th. Stifel Nicolaus dropped their price objective on shares of Cohu from $35.00 to $28.00 and set a “buy” rating for the company in a research note on Friday, May 2nd. Finally, TD Cowen dropped their price target on Cohu from $27.00 to $22.00 and set a “buy” rating for the company in a research report on Friday, May 2nd. Four equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $27.17.

Cohu Trading Down 0.8%

Shares of COHU stock opened at $19.86 on Wednesday. The firm’s 50-day simple moving average is $19.47 and its 200-day simple moving average is $18.14. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.88 and a quick ratio of 3.51. Cohu, Inc. has a 1-year low of $12.57 and a 1-year high of $29.42. The firm has a market cap of $927.06 million, a P/E ratio of -10.62 and a beta of 1.25.

Cohu (NASDAQ:COHU) last issued its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $0.02 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.04. The firm had revenue of $107.68 million during the quarter, compared to analyst estimates of $106.00 million. Cohu had a negative net margin of 22.11% and a negative return on equity of 3.74%. Cohu’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.01) earnings per share. Cohu has set its Q3 2025 guidance at EPS. As a group, equities analysts forecast that Cohu, Inc. will post -0.36 EPS for the current year.

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.