Cohu, Inc. $COHU Shares Sold by Goldman Sachs Group Inc.

Key Points

• Goldman Sachs Group Inc. reduced its stake in Cohu, Inc. by 28.5%, owning 464,274 shares worth approximately $6.83 million after selling 184,671 shares in the first quarter.
• Institutional investors and hedge funds collectively own 94.67% of Cohu's stock, with various firms increasing their stakes during recent quarters.
• Cohu reported quarterly earnings of $0.02 EPS, exceeding expectations and seeing a 2.9% year-over-year revenue increase.

Goldman Sachs Group Inc. reduced its position in Cohu, Inc. (NASDAQ:COHU - Free Report) by 28.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 464,274 shares of the semiconductor company's stock after selling 184,671 shares during the quarter. Goldman Sachs Group Inc. owned about 1.00% of Cohu worth $6,829,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Victory Capital Management Inc. grew its holdings in 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 buying an additional 585,234 shares in the last quarter. Royce & Associates LP grew its holdings in 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 buying an additional 237,084 shares in the last quarter. Paradigm Capital Management Inc. NY grew its holdings in Cohu by 101.7% in the 1st quarter. Paradigm Capital Management Inc. NY now owns 967,549 shares of the semiconductor company's stock valued at $14,233,000 after buying an additional 487,800 shares in the last quarter. Systematic Financial Management LP grew its holdings in Cohu by 1.9% in the 1st quarter. Systematic Financial Management LP now owns 939,784 shares of the semiconductor company's stock valued at $13,824,000 after buying an additional 17,678 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in Cohu by 10.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 750,515 shares of the semiconductor company's stock valued at $11,040,000 after buying an additional 73,145 shares in the last quarter. 94.67% of the stock is owned by institutional investors and hedge funds.

Cohu Trading Down 3.2%

NASDAQ:COHU traded down $0.75 during trading hours on Friday, hitting $22.52. The company had a trading volume of 144,046 shares, compared to its average volume of 454,017. 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 50-day moving average of $19.97 and a 200 day moving average of $18.07. The company has a market cap of $1.05 billion, a P/E ratio of -12.04 and a beta of 1.34. 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 issued its earnings results on Thursday, July 31st. The semiconductor company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.04. The company had revenue of $107.68 million during the quarter, compared to analysts' expectations of $106.00 million. Cohu had a negative return on equity of 3.74% and a negative net margin of 22.11%.The firm's quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the business earned ($0.01) EPS. Cohu has set its Q3 2025 guidance at EPS. Sell-side analysts expect that Cohu, Inc. will post -0.36 earnings per share 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.