Oak Associates Ltd. OH Increases Stock Position in Cohu, Inc. $COHU

Oak Associates Ltd. OH grew its holdings in shares of Cohu, Inc. (NASDAQ:COHU) by 14.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 95,862 shares of the semiconductor company’s stock after buying an additional 12,348 shares during the period. Oak Associates Ltd. OH’s holdings in Cohu were worth $1,844,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of COHU. Prudential Financial Inc. boosted its stake in Cohu by 5.6% during the second quarter. Prudential Financial Inc. now owns 49,280 shares of the semiconductor company’s stock worth $948,000 after acquiring an additional 2,601 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Cohu by 4.9% during the second quarter. American Century Companies Inc. now owns 114,361 shares of the semiconductor company’s stock valued at $2,200,000 after purchasing an additional 5,297 shares during the last quarter. Rhumbline Advisers boosted its position in shares of Cohu by 2.7% in the 2nd quarter. Rhumbline Advisers now owns 144,992 shares of the semiconductor company’s stock worth $2,790,000 after purchasing an additional 3,803 shares in the last quarter. Legal & General Group Plc grew its stake in shares of Cohu by 1.0% in the 2nd quarter. Legal & General Group Plc now owns 127,357 shares of the semiconductor company’s stock worth $2,450,000 after buying an additional 1,247 shares during the last quarter. Finally, Magnetar Financial LLC purchased a new stake in shares of Cohu in the 2nd quarter worth approximately $352,000. 94.67% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Cowen reiterated a “buy” rating on shares of Cohu in a research note on Thursday, October 30th. B. Riley reaffirmed a “buy” rating on shares of Cohu in a research report on Thursday, October 30th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Cohu in a research note on Wednesday, October 8th. Finally, TD Cowen raised their price objective on shares of Cohu from $22.00 to $30.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Four equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Cohu currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.33.

Cohu Trading Up 3.1%

Cohu stock opened at $22.82 on Tuesday. 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 one year low of $12.57 and a one year high of $29.08. The stock has a market capitalization of $1.07 billion, a PE ratio of -14.53 and a beta of 1.48. The business’s fifty day moving average is $22.04 and its 200 day moving average is $20.20.

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