Russell Investments Group Ltd. Sells 31,881 Shares of Cohu, Inc. $COHU

Key Points

• Russell Investments Group Ltd. reduced its stake in Cohu, Inc. by 75.1%, selling 31,881 shares during the 1st quarter, leaving them with 10,579 shares worth approximately $156,000.
• Despite Russell's sell-off, other institutional investors increased their holdings in Cohu, with Versant Capital Management boosting its stake by 232.0%.
• Wall Street analysts have downgraded Cohu's stock from a "hold" to a "sell" rating, with a consensus price target of $27.17, although four analysts still retain a Buy rating.

Russell Investments Group Ltd. decreased its stake in shares of Cohu, Inc. (NASDAQ:COHU - Free Report) by 75.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 10,579 shares of the semiconductor company's stock after selling 31,881 shares during the quarter. Russell Investments Group Ltd.'s holdings in Cohu were worth $156,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Versant Capital Management Inc increased its holdings in shares of Cohu by 232.0% during 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 during the period. GAMMA Investing LLC boosted its position in shares of Cohu by 172.2% during 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. Tower Research Capital LLC TRC boosted its position in shares of Cohu by 14.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,842 shares of the semiconductor company's stock valued at $103,000 after acquiring an additional 486 shares in the last quarter. Palouse Capital Management Inc. boosted its position in shares of Cohu by 105.5% during the 1st quarter. Palouse Capital Management Inc. now owns 4,918 shares of the semiconductor company's stock valued at $72,000 after acquiring an additional 2,525 shares in the last quarter. Finally, State of Wyoming acquired a new stake in shares of Cohu during the 4th quarter valued at about $267,000. Institutional investors own 94.67% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered shares of Cohu from a "hold" rating to a "sell" rating in a research report on Tuesday, May 13th. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $27.17.

Cohu Price Performance

Shares of Cohu stock opened at $19.32 on Wednesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.51 and a current ratio of 4.88. The firm's 50-day simple moving average is $19.75 and its 200-day simple moving average is $18.00. Cohu, Inc. has a twelve month low of $12.57 and a twelve month high of $29.42. The firm has a market cap of $901.86 million, a P/E ratio of -10.33 and a beta of 1.34.

Cohu (NASDAQ:COHU - Get Free Report) last released its quarterly 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. The firm had revenue of $107.68 million for the quarter, compared to analyst estimates of $106.00 million. Cohu had a negative net margin of 22.11% and a negative return on equity of 3.74%. The company's revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.01) earnings per share. Cohu has set its Q3 2025 guidance at EPS. As a group, research analysts expect that Cohu, Inc. will post -0.36 EPS 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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