Wealth Enhancement Advisory Services LLC bought a new stake in shares of Cohu, Inc. (NASDAQ:COHU – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 16,119 shares of the semiconductor company’s stock, valued at approximately $331,000.
Several other hedge funds and other institutional investors have also made changes to their positions in COHU. Parallel Advisors LLC lifted its holdings in shares of Cohu by 869.6% during the 2nd quarter. Parallel Advisors LLC now owns 1,755 shares of the semiconductor company’s stock valued at $34,000 after acquiring an additional 1,574 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Cohu by 172.2% during the 1st quarter. GAMMA Investing LLC now owns 2,659 shares of the semiconductor company’s stock valued at $39,000 after acquiring an additional 1,682 shares in the last quarter. Palouse Capital Management Inc. lifted its holdings in shares of Cohu by 105.5% during the 1st quarter. Palouse Capital Management Inc. now owns 4,918 shares of the semiconductor company’s stock valued at $72,000 after acquiring an additional 2,525 shares in the last quarter. US Bancorp DE lifted its holdings in shares of Cohu by 12.9% during the 1st quarter. US Bancorp DE now owns 10,111 shares of the semiconductor company’s stock valued at $149,000 after acquiring an additional 1,159 shares in the last quarter. Finally, MQS Management LLC acquired a new position in shares of Cohu during the 1st quarter valued at $167,000. Institutional investors and hedge funds own 94.67% of the company’s stock.
Cohu Stock Performance
Shares of Cohu stock opened at $18.74 on Wednesday. The firm has a market cap of $874.78 million, a PE ratio of -10.02 and a beta of 1.36. The firm’s 50-day simple moving average is $20.27 and its 200-day simple moving average is $18.41. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.51 and a current ratio of 4.88. Cohu, Inc. has a 1 year low of $12.57 and a 1 year high of $29.42.
Wall Street Analyst Weigh In
Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Cohu in a report on Saturday, September 27th. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Cohu has an average rating of “Hold” and a consensus target price of $27.17.
View Our Latest Stock Report on COHU
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.
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