Public Sector Pension Investment Board Has $2.17 Million Stock Position in Cohu, Inc. $COHU

Key Points

• The Public Sector Pension Investment Board increased its stake in Cohu, Inc. by 27.3% to a total of 147,805 shares, valued at approximately $2.17 million.
• Major hedge funds have also significantly boosted their positions in Cohu, with increases ranging from 172.2% to 826.9% in Q1 and Q4 of the previous year.
• Wall Street analysts have mixed opinions on Cohu, with a consensus rating of "Moderate Buy" and a target price of $27.17, despite some downgrades to "sell."

Public Sector Pension Investment Board increased its stake in Cohu, Inc. (NASDAQ:COHU - Free Report) by 27.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 147,805 shares of the semiconductor company's stock after purchasing an additional 31,669 shares during the quarter. Public Sector Pension Investment Board owned approximately 0.32% of Cohu worth $2,174,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Versant Capital Management Inc boosted its holdings in shares of Cohu by 232.0% in the first quarter. Versant Capital Management Inc now owns 2,417 shares of the semiconductor company's stock worth $36,000 after buying an additional 1,689 shares during the period. GAMMA Investing LLC lifted its position in shares of Cohu by 172.2% in the 1st quarter. GAMMA Investing LLC now owns 2,659 shares of the semiconductor company's stock valued at $39,000 after acquiring an additional 1,682 shares in the last quarter. Sterling Capital Management LLC lifted its position in shares of Cohu by 826.9% in the 4th quarter. Sterling Capital Management LLC now owns 1,483 shares of the semiconductor company's stock valued at $40,000 after acquiring an additional 1,323 shares in the last quarter. Palouse Capital Management Inc. boosted its stake 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 during the period. Finally, Tower Research Capital LLC TRC grew its position in Cohu by 14.5% during 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. 94.67% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Cohu Price Performance

Shares of NASDAQ:COHU opened at $19.53 on Thursday. The firm has a market cap of $911.66 million, a price-to-earnings ratio of -10.44 and a beta of 1.25. Cohu, Inc. has a 1 year low of $12.57 and a 1 year high of $29.42. 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 business has a fifty day simple moving average of $19.47 and a 200 day simple moving average of $18.15.

Cohu (NASDAQ:COHU - Get Free Report) last issued its earnings results on Thursday, July 31st. The semiconductor company reported $0.02 EPS for the quarter, beating 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 for the quarter, compared to the consensus estimate of $106.00 million. During the same quarter in the previous year, the company posted ($0.01) earnings per share. The business's quarterly revenue was up 2.9% compared to the same quarter last year. Cohu has set its Q3 2025 guidance at EPS. As a group, sell-side analysts predict that Cohu, Inc. will post -0.36 earnings per share for the current fiscal 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.

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