Jump Financial LLC Takes Position in Cohu, Inc. $COHU

Key Points

• Jump Financial LLC acquired 88,432 shares of Cohu, Inc. for approximately $1.3 million, representing about 0.19% ownership in the semiconductor company.
• Cohu's quarterly earnings exceeded expectations with a reported $0.02 earnings per share, compared to analysts' predictions of a loss, while revenue grew by 2.9% year-over-year.
• Recent analyst activities have resulted in varied ratings, including a downgrade from Wall Street Zen to sell, while some analysts maintain a buy rating with consensus target prices ranging from $22 to $28.

Jump Financial LLC bought a new stake in Cohu, Inc. (NASDAQ:COHU - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 88,432 shares of the semiconductor company's stock, valued at approximately $1,301,000. Jump Financial LLC owned approximately 0.19% of Cohu as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the company. Versant Capital Management Inc increased its position in shares of Cohu by 232.0% during the first quarter. Versant Capital Management Inc now owns 2,417 shares of the semiconductor company's stock worth $36,000 after acquiring an additional 1,689 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Cohu by 172.2% during the first quarter. GAMMA Investing LLC now owns 2,659 shares of the semiconductor company's stock worth $39,000 after acquiring an additional 1,682 shares in the last quarter. Palouse Capital Management Inc. increased its position in shares of Cohu by 105.5% during the first quarter. Palouse Capital Management Inc. now owns 4,918 shares of the semiconductor company's stock worth $72,000 after acquiring an additional 2,525 shares in the last quarter. Tower Research Capital LLC TRC increased its position in shares of Cohu by 14.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,842 shares of the semiconductor company's stock worth $103,000 after acquiring an additional 486 shares in the last quarter. Finally, US Bancorp DE increased its position 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 worth $149,000 after acquiring an additional 1,159 shares in the last quarter. Institutional investors own 94.67% of the company's stock.

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded shares of Cohu from a "hold" rating to a "sell" rating in a research report on Tuesday, May 13th. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $27.17.

Cohu Stock Down 2.2%

COHU traded down $0.44 during trading hours on Monday, hitting $19.90. 452,454 shares of the company's stock were exchanged, compared to its average volume of 363,641. Cohu, Inc. has a 1-year low of $12.57 and a 1-year high of $29.42. The stock's 50-day moving average is $19.73 and its two-hundred day moving average is $18.00. The stock has a market cap of $928.97 million, a price-to-earnings ratio of -10.64 and a beta of 1.34. The company has a quick ratio of 3.51, a current ratio of 4.88 and a debt-to-equity ratio of 0.01.

Cohu (NASDAQ:COHU - Get Free Report) last announced its earnings results on Thursday, July 31st. The semiconductor company reported $0.02 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.04. Cohu had a negative net margin of 22.11% and a negative return on equity of 3.74%. The business had revenue of $107.68 million during the quarter, compared to analysts' expectations of $106.00 million. During the same quarter in the prior year, the company 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. Sell-side analysts predict that Cohu, Inc. will post -0.36 earnings per share for the current fiscal 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.