Virtu Financial LLC Invests $220,000 in Cohu, Inc. $COHU

Key Points

• Virtu Financial LLC acquired a new position in Cohu, Inc., purchasing 14,930 shares valued at approximately $220,000 during the 1st quarter.
• Several large investors have recently increased their stakes in Cohu, including Ameriprise Financial, which raised its holdings by 15.5%, now owning over 1.1 million shares.
• Cohu's recent earnings report showed a $0.02 earnings per share, surpassing analysts' expectations, with a revenue of $107.68 million, which was higher than anticipated.

Virtu Financial LLC acquired a new stake in shares of Cohu, Inc. (NASDAQ:COHU - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 14,930 shares of the semiconductor company's stock, valued at approximately $220,000.

Other institutional investors also recently modified their holdings of the company. Sterling Capital Management LLC boosted its position in shares of Cohu by 826.9% during the fourth quarter. Sterling Capital Management LLC now owns 1,483 shares of the semiconductor company's stock valued at $40,000 after buying an additional 1,323 shares during the last quarter. Versant Capital Management Inc boosted its position in shares of Cohu by 232.0% during the first quarter. Versant Capital Management Inc now owns 2,417 shares of the semiconductor company's stock valued at $36,000 after buying an additional 1,689 shares during the last quarter. GAMMA Investing LLC boosted its position in shares of Cohu by 172.2% during the first quarter. GAMMA Investing LLC now owns 2,659 shares of the semiconductor company's stock valued at $39,000 after buying an additional 1,682 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in shares of Cohu by 14.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,842 shares of the semiconductor company's stock valued at $103,000 after buying an additional 486 shares during the last quarter. Finally, Palouse Capital Management Inc. boosted its position in shares of Cohu by 105.5% during the first quarter. Palouse Capital Management Inc. now owns 4,918 shares of the semiconductor company's stock valued at $72,000 after buying an additional 2,525 shares during the last quarter. 94.67% of the stock is owned by hedge funds and other institutional investors.

Cohu Stock Performance

NASDAQ:COHU traded down $0.09 on Thursday, hitting $19.44. The stock had a trading volume of 238,082 shares, compared to its average volume of 404,127. The stock has a market cap of $907.46 million, a price-to-earnings ratio of -10.40 and a beta of 1.25. The company has a quick ratio of 3.51, a current ratio of 4.88 and a debt-to-equity ratio of 0.01. The business's 50-day simple moving average is $19.49 and its two-hundred day simple moving average is $18.13. Cohu, Inc. has a 52-week low of $12.57 and a 52-week 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 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $107.68 million for the quarter, compared to analysts' expectations of $106.00 million. During the same period last year, the firm posted ($0.01) earnings per share. The business's revenue for the quarter 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 year.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on COHU shares. Needham & Company LLC reaffirmed a "hold" rating on shares of Cohu in a research report on Friday, May 2nd. Stifel Nicolaus dropped their target price on Cohu from $35.00 to $28.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Wall Street Zen cut Cohu from a "hold" rating to a "sell" rating in a research report on Tuesday, May 13th. Finally, TD Cowen dropped their target price on Cohu from $27.00 to $22.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $27.17.

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.