Cohu, Inc. (NASDAQ:COHU) Receives Average Recommendation of “Moderate Buy” from Brokerages

Cohu, Inc. (NASDAQ:COHUGet Free Report) has earned a consensus recommendation of “Moderate Buy” from the four brokerages that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $44.67.

COHU has been the subject of several research reports. Needham & Company LLC cut their price objective on shares of Cohu from $42.00 to $36.00 and set a “buy” rating for the company in a research report on Tuesday, January 30th. StockNews.com downgraded shares of Cohu from a “buy” rating to a “hold” rating in a research report on Saturday, November 4th. Finally, TheStreet downgraded shares of Cohu from a “b-” rating to a “c+” rating in a research report on Thursday, November 16th.

Get Our Latest Stock Analysis on COHU

Cohu Trading Down 0.1 %

Shares of NASDAQ:COHU opened at $34.32 on Thursday. Cohu has a 52-week low of $29.07 and a 52-week high of $43.99. The company has a market capitalization of $1.63 billion, a P/E ratio of 31.78 and a beta of 1.52. The company has a 50-day simple moving average of $33.77 and a 200 day simple moving average of $34.40. The company has a debt-to-equity ratio of 0.04, a quick ratio of 4.30 and a current ratio of 5.59.

Insider Transactions at Cohu

In other news, VP Thomas D. Kampfer sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $32.82, for a total transaction of $98,460.00. Following the transaction, the vice president now directly owns 54,482 shares of the company’s stock, valued at $1,788,099.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.79% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. D.A. Davidson & CO. grew its stake in shares of Cohu by 2.4% during the second quarter. D.A. Davidson & CO. now owns 12,864 shares of the semiconductor company’s stock worth $535,000 after buying an additional 300 shares during the last quarter. Inspire Investing LLC grew its stake in shares of Cohu by 5.4% during the second quarter. Inspire Investing LLC now owns 7,581 shares of the semiconductor company’s stock worth $315,000 after buying an additional 389 shares during the last quarter. Ziegler Capital Management LLC grew its stake in shares of Cohu by 3.7% during the third quarter. Ziegler Capital Management LLC now owns 12,716 shares of the semiconductor company’s stock worth $438,000 after buying an additional 456 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Cohu by 1.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 27,009 shares of the semiconductor company’s stock worth $866,000 after buying an additional 476 shares during the last quarter. Finally, ProShare Advisors LLC grew its stake in shares of Cohu by 7.0% during the second quarter. ProShare Advisors LLC now owns 7,317 shares of the semiconductor company’s stock worth $304,000 after buying an additional 479 shares during the last quarter. 88.23% of the stock is owned by institutional investors.

About Cohu

(Get Free Report

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.

Further Reading

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