Walleye Capital LLC Has $1.05 Million Stock Position in Cohu, Inc. $COHU

Key Points

• Walleye Capital LLC increased its stake in Cohu, Inc. by 295.1% in the first quarter, owning 71,352 shares valued at approximately $1.05 million.
• Cohu reported $0.02 earnings per share in its latest quarterly earnings, exceeding analyst expectations, with a revenue of $107.68 million.
• The stock is currently rated as a Moderate Buy by analysts, with a consensus price target of $27.17.

Walleye Capital LLC lifted its stake in shares of Cohu, Inc. (NASDAQ:COHU - Free Report) by 295.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 71,352 shares of the semiconductor company's stock after purchasing an additional 53,292 shares during the quarter. Walleye Capital LLC owned 0.15% of Cohu worth $1,050,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Versant Capital Management Inc grew 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 in the last quarter. GAMMA Investing LLC grew its holdings 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 worth $39,000 after purchasing an additional 1,682 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings 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 worth $103,000 after purchasing an additional 486 shares in the last quarter. Palouse Capital Management Inc. grew its holdings 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 worth $72,000 after purchasing 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 worth $267,000. 94.67% of the stock is owned by institutional investors and hedge funds.

Cohu Stock Performance

NASDAQ:COHU opened at $19.90 on Friday. The stock's 50-day simple moving average is $19.73 and its 200 day simple moving average is $18.02. The firm has a market capitalization of $928.93 million, a PE ratio of -10.64 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. Cohu, Inc. has a twelve month low of $12.57 and a twelve month high of $29.42.

Cohu (NASDAQ:COHU - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.04. The business had revenue of $107.68 million for the quarter, compared to analyst estimates of $106.00 million. Cohu had a negative return on equity of 3.74% and a negative net margin of 22.11%.Cohu's revenue was up 2.9% compared to the same quarter last year. During the same period last year, the firm posted ($0.01) earnings per share. Cohu has set its Q3 2025 guidance at EPS. On average, analysts anticipate that Cohu, Inc. will post -0.36 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Wall Street Zen lowered Cohu from a "hold" rating to a "sell" rating in a research note on Tuesday, May 13th. Four equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.