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 purchased a new position in shares of Cohu, Inc. (NASDAQ:COHU - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 14,930 shares of the semiconductor company's stock, valued at approximately $220,000.

Other large investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. increased its stake in shares of Cohu by 10.8% during the first 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 during the period. CM Management LLC lifted its stake in shares of Cohu by 42.9% in the 1st quarter. CM Management LLC now owns 100,000 shares of the semiconductor company's stock valued at $1,471,000 after purchasing an additional 30,000 shares during the last quarter. US Bancorp DE raised its position in Cohu by 12.9% during the 1st quarter. US Bancorp DE now owns 10,111 shares of the semiconductor company's stock valued at $149,000 after purchasing an additional 1,159 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Cohu by 24.8% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 15,145 shares of the semiconductor company's stock worth $223,000 after buying an additional 3,006 shares during the last quarter. Finally, Royce & Associates LP boosted its stake in shares of Cohu by 16.4% in the first quarter. Royce & Associates LP now owns 1,679,478 shares of the semiconductor company's stock worth $24,705,000 after buying an additional 237,084 shares during the last quarter. 94.67% of the stock is owned by hedge funds and other institutional investors.

Cohu Price Performance

Shares of Cohu stock traded down $0.17 during midday trading on Tuesday, hitting $19.86. 264,345 shares of the company traded hands, compared to its average volume of 464,366. Cohu, Inc. has a 12 month low of $12.57 and a 12 month high of $29.42. 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 stock has a market cap of $927.06 million, a price-to-earnings ratio of -10.62 and a beta of 1.25. The firm's fifty day moving average price is $19.45 and its 200-day moving average price is $18.13.

Cohu (NASDAQ:COHU - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $0.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.02) by $0.04. Cohu had a negative net margin of 22.11% and a negative return on equity of 3.74%. 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 earned ($0.01) EPS. The company'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, sell-side analysts forecast that Cohu, Inc. will post -0.36 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have issued reports on COHU shares. Stifel Nicolaus dropped their price objective on Cohu from $35.00 to $28.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. Wall Street Zen lowered shares of Cohu from a "hold" rating to a "sell" rating in a research report on Tuesday, May 13th. TD Cowen reduced their price target on shares of Cohu from $27.00 to $22.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Finally, Needham & Company LLC reissued a "hold" rating on shares of Cohu in a research note on Friday, May 2nd. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Cohu presently has an average rating of "Moderate Buy" and a consensus target price of $27.17.

About Cohu

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.