Cohu, Inc. (NASDAQ:COHU – Get 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.
Cohu Trading Down 0.1 %
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.
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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