Envestnet Asset Management Inc. Acquires 54,360 Shares of Cohu, Inc. $COHU

Envestnet Asset Management Inc. boosted its holdings in Cohu, Inc. (NASDAQ:COHU) by 49.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 163,869 shares of the semiconductor company’s stock after purchasing an additional 54,360 shares during the period. Envestnet Asset Management Inc. owned about 0.35% of Cohu worth $3,153,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Parallel Advisors LLC raised its stake 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 worth $34,000 after purchasing an additional 1,574 shares during the period. Signaturefd LLC increased its holdings in Cohu by 355.8% during the second quarter. Signaturefd LLC now owns 5,429 shares of the semiconductor company’s stock worth $104,000 after buying an additional 4,238 shares during the last quarter. GAMMA Investing LLC raised its position in Cohu by 154.3% in the second quarter. GAMMA Investing LLC now owns 6,761 shares of the semiconductor company’s stock worth $130,000 after acquiring an additional 4,102 shares during the period. Morgan Dempsey Capital Management LLC boosted its stake in Cohu by 41.7% in the second quarter. Morgan Dempsey Capital Management LLC now owns 7,609 shares of the semiconductor company’s stock valued at $146,000 after acquiring an additional 2,241 shares during the last quarter. Finally, US Bancorp DE boosted its stake in Cohu by 12.9% in the first 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 during the last quarter. Institutional investors own 94.67% of the company’s stock.

Cohu Stock Down 1.4%

Cohu stock opened at $22.09 on Friday. Cohu, Inc. has a 1-year low of $12.57 and a 1-year high of $29.08. The firm has a market capitalization of $1.03 billion, a price-to-earnings ratio of -14.07 and a beta of 1.48. The company has a current ratio of 4.88, a quick ratio of 3.51 and a debt-to-equity ratio of 0.01. The firm has a 50 day simple moving average of $21.92 and a 200 day simple moving average of $19.93.

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

Analyst Upgrades and Downgrades

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

About Cohu

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.