Aigen Investment Management LP Takes Position in Cohu, Inc. $COHU

Key Points

• Aigen Investment Management LP has acquired a new stake in Cohu, Inc., purchasing 13,288 shares valued at approximately $195,000 in the first quarter.
• Cohu's earnings report revealed an EPS of $0.02, surpassing analysts' expectations, with revenue increasing by 2.9% year-over-year, totaling $107.68 million.
• Recent analyst reports have resulted in mixed ratings for Cohu, with a consensus price target of $27.17 and some analysts reducing their target prices significantly.

Aigen Investment Management LP purchased a new stake in shares of Cohu, Inc. (NASDAQ:COHU - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 13,288 shares of the semiconductor company's stock, valued at approximately $195,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Victory Capital Management Inc. lifted its stake in shares of Cohu by 18.6% in the 1st quarter. Victory Capital Management Inc. now owns 3,731,981 shares of the semiconductor company's stock valued at $54,897,000 after purchasing an additional 585,234 shares during the last quarter. Frontier Capital Management Co. LLC lifted its stake in shares of Cohu by 52.2% in the 4th quarter. Frontier Capital Management Co. LLC now owns 1,139,325 shares of the semiconductor company's stock valued at $30,420,000 after purchasing an additional 390,558 shares during the last quarter. Royce & Associates LP lifted its stake in shares of Cohu by 16.4% in the 1st quarter. Royce & Associates LP now owns 1,679,478 shares of the semiconductor company's stock valued at $24,705,000 after purchasing an additional 237,084 shares during the last quarter. Meros Investment Management LP lifted its stake in shares of Cohu by 1,701.3% in the 4th quarter. Meros Investment Management LP now owns 180,133 shares of the semiconductor company's stock valued at $4,810,000 after purchasing an additional 170,133 shares during the last quarter. Finally, Leeward Investments LLC MA lifted its stake in shares of Cohu by 60.9% in the 1st quarter. Leeward Investments LLC MA now owns 426,531 shares of the semiconductor company's stock valued at $6,274,000 after purchasing an additional 161,518 shares during the last quarter. 94.67% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently issued reports on COHU. TD Cowen reduced their price objective on shares of Cohu from $27.00 to $22.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. Needham & Company LLC reissued a "hold" rating on shares of Cohu in a research report on Friday, May 2nd. Wall Street Zen lowered shares of Cohu from a "hold" rating to a "sell" rating in a research report on Tuesday, May 13th. Finally, Stifel Nicolaus cut their target price on shares of Cohu from $35.00 to $28.00 and set a "buy" rating for the company in a research report on Friday, May 2nd. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $27.17.

Cohu Stock Performance

Cohu stock traded down $0.09 on Thursday, reaching $19.44. 238,082 shares of the stock were exchanged, compared to its average volume of 404,127. The firm has a fifty day moving average price of $19.49 and a two-hundred day moving average price of $18.13. The stock has a market cap of $907.46 million, a PE ratio of -10.40 and a beta of 1.25. 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, Inc. has a twelve month low of $12.57 and a twelve month high of $29.42.

Cohu (NASDAQ:COHU - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $0.02 EPS 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 firm's revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.01) earnings per share. Cohu has set its Q3 2025 guidance at EPS. Sell-side analysts anticipate that Cohu, Inc. will post -0.36 EPS for the current year.

Cohu 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.