AlphaQuest LLC Makes New Investment in Cohu, Inc. $COHU

Key Points

• AlphaQuest LLC has invested $220,000 in Cohu, Inc. by acquiring 14,940 shares during the first quarter, as reported in a recent SEC filing.
• Institutional investors such as Barclays and First Trust Advisors have also increased their stakes in Cohu, with hedge funds now owning 94.67% of the company's stock.
• Cohu reported earnings of $0.02 per share for the latest quarter, exceeding analysts' expectations, with a year-over-year revenue increase of 2.9%.

AlphaQuest LLC acquired a new stake in shares of Cohu, Inc. (NASDAQ:COHU - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 14,940 shares of the semiconductor company's stock, valued at approximately $220,000.

A number of other hedge funds also recently made changes to their positions in the stock. Versant Capital Management Inc lifted its holdings in Cohu by 232.0% in the 1st quarter. Versant Capital Management Inc now owns 2,417 shares of the semiconductor company's stock worth $36,000 after purchasing an additional 1,689 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Cohu by 172.2% in the 1st quarter. GAMMA Investing LLC now owns 2,659 shares of the semiconductor company's stock worth $39,000 after purchasing an additional 1,682 shares in the last quarter. Palouse Capital Management Inc. lifted its holdings in Cohu by 105.5% in the 1st quarter. Palouse Capital Management Inc. now owns 4,918 shares of the semiconductor company's stock worth $72,000 after purchasing an additional 2,525 shares in the last quarter. Tower Research Capital LLC TRC lifted its holdings in Cohu by 14.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,842 shares of the semiconductor company's stock worth $103,000 after purchasing an additional 486 shares in the last quarter. Finally, US Bancorp DE lifted its holdings in 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 purchasing an additional 1,159 shares in the last quarter. 94.67% of the stock is currently owned by institutional investors.

Cohu Trading Down 2.2%

Shares of Cohu stock traded down $0.44 on Monday, reaching $19.90. The company had a trading volume of 452,454 shares, compared to its average volume of 363,641. The firm has a market cap of $928.93 million, a price-to-earnings ratio of -10.64 and a beta of 1.34. 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's 50-day moving average price is $19.76 and its two-hundred day moving average price is $17.99. Cohu, Inc. has a 1 year low of $12.57 and a 1 year high of $29.42.

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 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 firm had revenue of $107.68 million during the quarter, compared to analysts' expectations of $106.00 million. During the same quarter in the previous year, the business earned ($0.01) EPS. The company's quarterly revenue was up 2.9% on a year-over-year basis. Cohu has set its Q3 2025 guidance at EPS. As a group, research analysts predict that Cohu, Inc. will post -0.36 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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