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 bought a new position 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 13,288 shares of the semiconductor company's stock, valued at approximately $195,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Victory Capital Management Inc. boosted its stake in shares of Cohu by 18.6% during the first 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 period. Royce & Associates LP boosted its stake in shares of Cohu by 16.4% during the first 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 period. Ameriprise Financial Inc. boosted its stake in shares of Cohu by 15.5% during the fourth quarter. Ameriprise Financial Inc. now owns 1,148,977 shares of the semiconductor company's stock valued at $30,678,000 after purchasing an additional 154,550 shares during the period. Frontier Capital Management Co. LLC boosted its stake in shares of Cohu by 52.2% during the fourth 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 period. Finally, Systematic Financial Management LP raised its holdings in shares of Cohu by 4.2% during the fourth quarter. Systematic Financial Management LP now owns 922,106 shares of the semiconductor company's stock valued at $24,620,000 after acquiring an additional 36,759 shares in the last quarter. Hedge funds and other institutional investors own 94.67% of the company's stock.

Cohu Stock Down 0.8%

COHU traded down $0.17 during trading on Tuesday, reaching $19.86. The stock had a trading volume of 264,345 shares, compared to its average volume of 464,366. The stock's 50 day moving average is $19.45 and its two-hundred day moving average is $18.13. The company has a current ratio of 4.88, a quick ratio of 3.51 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $927.06 million, a price-to-earnings ratio of -10.62 and a beta of 1.25. Cohu, Inc. has a one year low of $12.57 and a one year high of $29.42.

Cohu (NASDAQ:COHU - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $0.02 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $107.68 million during the quarter, compared to the consensus estimate of $106.00 million. During the same period last year, the company earned ($0.01) earnings per share. The company'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 expect that Cohu, Inc. will post -0.36 earnings per share for the current year.

Analysts Set New Price Targets

COHU has been the subject of a number of recent analyst reports. TD Cowen decreased their target price on Cohu from $27.00 to $22.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Stifel Nicolaus decreased their target price on Cohu from $35.00 to $28.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Needham & Company LLC restated a "hold" rating on shares of Cohu in a report on Friday, May 2nd. Finally, Wall Street Zen downgraded Cohu from a "hold" rating to a "sell" rating in a report on Tuesday, May 13th. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $27.17.

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.