Cohu (NASDAQ:COHU) Sees Unusually-High Trading Volume - Time to Buy?

Key Points

• Cohu, Inc. experienced an unusually-high trading volume of approximately 490,641 shares, a 5% increase from the previous session, with the stock trading at $19.92 down from a previous close of $20.51.
• The company reported $0.02 earnings per share for the last quarter, beating estimates by $0.04, while also showing a year-over-year revenue increase of 2.9% to $107.68 million.
• Institutional ownership is significant, with 94.67% of the stock held by hedge funds and institutional investors, indicating strong confidence in Cohu's potential.

Cohu, Inc. (NASDAQ:COHU - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 490,641 shares changed hands during mid-day trading, an increase of 5% from the previous session's volume of 468,917 shares.The stock last traded at $19.92 and had previously closed at $20.51.

Cohu Trading Down 2.3%

The business's 50-day moving average price is $20.17 and its two-hundred day moving average price is $18.19. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.88 and a quick ratio of 3.51. The firm has a market cap of $935.79 million, a price-to-earnings ratio of -10.70 and a beta of 1.34.

Cohu (NASDAQ:COHU - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $0.02 earnings per share for the quarter, beating analysts' consensus estimates of ($0.02) by $0.04. The business had revenue of $107.68 million during the quarter, compared to analyst estimates of $106.00 million. Cohu had a negative net margin of 22.11% and a negative return on equity of 3.74%. The company's revenue was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.01) earnings per share. Cohu has set its Q3 2025 guidance at EPS. Equities analysts expect that Cohu, Inc. will post -0.36 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. CANADA LIFE ASSURANCE Co boosted its stake in shares of Cohu by 0.9% in the second quarter. CANADA LIFE ASSURANCE Co now owns 65,233 shares of the semiconductor company's stock valued at $1,255,000 after purchasing an additional 576 shares during the period. PNC Financial Services Group Inc. raised its holdings in shares of Cohu by 5.8% during the second quarter. PNC Financial Services Group Inc. now owns 12,755 shares of the semiconductor company's stock worth $245,000 after purchasing an additional 704 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of Cohu by 7.0% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 11,939 shares of the semiconductor company's stock worth $230,000 after purchasing an additional 784 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Cohu by 3.3% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,309 shares of the semiconductor company's stock worth $702,000 after acquiring an additional 837 shares during the period. Finally, US Bancorp DE increased its holdings in shares of Cohu by 12.9% in the 1st quarter. US Bancorp DE now owns 10,111 shares of the semiconductor company's stock worth $149,000 after acquiring an additional 1,159 shares during the period. 94.67% of the stock is currently owned by hedge funds and other institutional investors.

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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