14,352 Shares in Cohu, Inc. $COHU Purchased by Central Pacific Bank Trust Division

Key Points

• Central Pacific Bank Trust Division acquired a new position in Cohu, Inc., purchasing 14,352 shares valued at approximately $276,000.
• Cohu's stock price recently opened at $20.65, reflecting a 2.8% decline, with a market cap of $963.94 million.
• In its latest earnings report, Cohu reported $0.02 earnings per share, surpassing analyst expectations, with revenue reaching $107.68 million, a 2.9% year-over-year increase.

Central Pacific Bank Trust Division purchased a new position in Cohu, Inc. (NASDAQ:COHU - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 14,352 shares of the semiconductor company's stock, valued at approximately $276,000.

Several other institutional investors have also added to or reduced their stakes in COHU. Versant Capital Management Inc lifted its holdings in Cohu by 232.0% during the first quarter. Versant Capital Management Inc now owns 2,417 shares of the semiconductor company's stock valued at $36,000 after purchasing an additional 1,689 shares during the last quarter. GAMMA Investing LLC grew its position in Cohu by 172.2% during the first quarter. GAMMA Investing LLC now owns 2,659 shares of the semiconductor company's stock valued at $39,000 after acquiring an additional 1,682 shares during the last quarter. Palouse Capital Management Inc. grew its position in Cohu by 105.5% during the first quarter. Palouse Capital Management Inc. now owns 4,918 shares of the semiconductor company's stock valued at $72,000 after acquiring an additional 2,525 shares during the last quarter. US Bancorp DE boosted its stake in shares of Cohu by 12.9% during the first quarter. US Bancorp DE now owns 10,111 shares of the semiconductor company's stock valued at $149,000 after purchasing an additional 1,159 shares during the period. Finally, MQS Management LLC purchased a new stake in shares of Cohu during the first quarter valued at approximately $167,000. 94.67% of the stock is owned by hedge funds and other institutional investors.

Cohu Trading Down 3.4%

Shares of NASDAQ:COHU traded down $0.80 during trading on Friday, reaching $22.47. 144,046 shares of the company traded hands, compared to its average volume of 454,017. The business's fifty day moving average is $19.97 and its 200-day moving average is $18.07. Cohu, Inc. has a 52-week low of $12.57 and a 52-week high of $29.42. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of -12.04 and a beta of 1.34. The company has a current ratio of 4.88, a quick ratio of 3.51 and a debt-to-equity ratio of 0.01.

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

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.