Moody Aldrich Partners LLC Purchases New Stake in Cohu, Inc. $COHU

Key Points

• Moody Aldrich Partners LLC acquired 48,778 shares of Cohu in the third quarter, worth approximately $3.32 million and representing about 0.10% of the semiconductor-equipment company.
• Cohu reported stronger-than-expected third-quarter results, with adjusted EPS of $0.43 and revenue of $172.96 million, up 37% year over year. Management also projected 30%–40% revenue growth in 2027, supported by higher Eclipse-platform shipments and growing AI/HPC demand.
• Institutional investors own 94.67% of Cohu, while analysts maintain a “Moderate Buy” consensus with an average price target of $68.75; however, the company faces execution and cyclical-demand risks, and insiders have recently sold shares under pre-arranged plans.

Moody Aldrich Partners LLC acquired a new position in Cohu, Inc. (NASDAQ:COHU - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 48,778 shares of the semiconductor company's stock, valued at approximately $3,324,000. Moody Aldrich Partners LLC owned about 0.10% of Cohu as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Capelight Capital Asset Management LP purchased a new position in Cohu in the 3rd quarter worth $4,770,000. Signaturefd LLC boosted its position in Cohu by 20.3% during the third quarter. Signaturefd LLC now owns 6,488 shares of the semiconductor company's stock valued at $442,000 after buying an additional 1,093 shares during the period. Fifth Third Wealth Advisors LLC purchased a new stake in Cohu during the third quarter valued at about $237,000. Sterling Capital Management LLC boosted its position in Cohu by 199.5% during the third quarter. Sterling Capital Management LLC now owns 1,324 shares of the semiconductor company's stock valued at $90,000 after buying an additional 882 shares during the period. Finally, Hidden Cove Wealth Management LLC grew its stake in shares of Cohu by 23.1% during the third quarter. Hidden Cove Wealth Management LLC now owns 7,233 shares of the semiconductor company's stock valued at $493,000 after buying an additional 1,355 shares during the last quarter. 94.67% of the stock is currently owned by institutional investors.

Key Headlines Impacting Cohu

Here are the key news stories impacting Cohu this week:

• Positive Sentiment: Q3 earnings and revenue exceeded expectations. Cohu reported adjusted earnings of $0.43 per share, versus the $0.35 analyst consensus, while revenue reached approximately $173.0 million, ahead of the $170.25 million estimate. Revenue grew 37% year over year, and earnings improved from a $0.06-per-share loss in the prior-year quarter. Cohu Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: Management projected substantial 2027 growth. Cohu expects 2027 revenue to rise 30% to 40%, supported by increased adoption of its Eclipse platform. The company is targeting roughly three times as many Eclipse shipments, signaling stronger demand and potentially improved scale. Cohu Expects 30%-40% 2027 Revenue Growth
• Positive Sentiment: AI and HPC demand is strengthening. Cohu’s HPC opportunity pipeline reportedly expanded to approximately $1 billion, while bookings improved. This supports the view that AI infrastructure investment could generate additional demand for Cohu’s semiconductor test and inspection equipment. Cohu Q3 2026 Earnings Call Highlights
• Neutral Sentiment: The results and outlook were the main market catalysts; the earnings-call transcript provides additional management commentary on bookings, product demand and the HPC pipeline. Cohu Q3 2026 Earnings Call Transcript
• Negative Sentiment: The aggressive growth outlook raises execution risk: Cohu must significantly increase Eclipse shipments and convert its HPC pipeline into orders and revenue. Semiconductor-equipment demand also remains cyclical, which could make the stock sensitive to any slowdown in AI or chip-industry spending.

Insiders Place Their Bets

In related news, Director Andrew Caggia sold 15,252 shares of the firm's stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $51.74, for a total value of $789,138.48. Following the completion of the sale, the director owned 64,778 shares of the company's stock, valued at $3,351,613.72. This trade represents a 19.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Christopher Bohrson sold 1,000 shares of Cohu stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $55.31, for a total transaction of $55,310.00. Following the completion of the sale, the insider owned 157,702 shares in the company, valued at approximately $8,722,497.62. This trade represents a 0.63% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 134,999 shares of company stock worth $8,321,309. Insiders own 3.05% of the company's stock.

Cohu Trading Up 4.2%

NASDAQ COHU opened at $53.14 on Thursday. The stock has a market cap of $2.52 billion, a P/E ratio of -64.02 and a beta of 1.51. Cohu, Inc. has a fifty-two week low of $21.10 and a fifty-two week high of $75.72. The stock has a 50 day simple moving average of $57.08 and a two-hundred day simple moving average of $46.69. The company has a debt-to-equity ratio of 0.37, a quick ratio of 4.72 and a current ratio of 5.74.

Cohu (NASDAQ:COHU - Get Free Report) last posted its earnings results on Wednesday, October 28th. The semiconductor company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.08. Cohu had a negative return on equity of 1.96% and a negative net margin of 7.43%. The firm had revenue of $172.96 million for the quarter, compared to analysts' expectations of $170.25 million. During the same period in the previous year, the firm earned ($0.06) earnings per share. The business's revenue was up 37.0% compared to the same quarter last year. On average, analysts forecast that Cohu, Inc. will post 0.43 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have recently commented on COHU. Jefferies Financial Group reiterated a "buy" rating and issued a $74.00 price objective on shares of Cohu in a report on Friday, July 31st. Craig Hallum reissued a "buy" rating and issued a $74.00 target price on shares of Cohu in a research note on Friday, July 31st. Needham & Company LLC increased their target price on Cohu from $54.00 to $65.00 and gave the company a "buy" rating in a report on Friday, July 31st. Robert W. Baird began coverage on Cohu in a report on Wednesday, July 8th. They set an "outperform" rating and a $65.00 target price for the company. Finally, Zacks Research lowered Cohu from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, Cohu has a consensus rating of "Moderate Buy" and a consensus target price of $68.75.

About Cohu

Cohu, Inc is a global provider of semiconductor test and inspection equipment and related services. The company supplies solutions used by semiconductor manufacturers and outsourced semiconductor assembly and test providers to evaluate devices during production, helping improve manufacturing quality, reliability and efficiency.

Cohu's product portfolio includes semiconductor test handlers, contactors and other interface products, inspection and metrology systems, thermal-management equipment, and software for test-data analysis and factory automation.

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