Cohu, Inc. (NASDAQ:COHU) Shares Sold by Walleye Capital LLC

Walleye Capital LLC lessened its holdings in Cohu, Inc. (NASDAQ:COHU - Free Report) by 47.0% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 18,060 shares of the semiconductor company's stock after selling 16,028 shares during the period. Walleye Capital LLC's holdings in Cohu were worth $482,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Barclays PLC grew its holdings in Cohu by 5.1% during the 4th quarter. Barclays PLC now owns 81,523 shares of the semiconductor company's stock valued at $2,176,000 after buying an additional 3,923 shares in the last quarter. Sterling Capital Management LLC lifted its stake in Cohu by 826.9% in the fourth quarter. Sterling Capital Management LLC now owns 1,483 shares of the semiconductor company's stock worth $40,000 after purchasing an additional 1,323 shares during the last quarter. Invesco Ltd. boosted its holdings in Cohu by 0.7% during the 4th quarter. Invesco Ltd. now owns 208,108 shares of the semiconductor company's stock valued at $5,556,000 after acquiring an additional 1,398 shares during the period. Wells Fargo & Company MN boosted its position in Cohu by 2.0% in the 4th quarter. Wells Fargo & Company MN now owns 77,180 shares of the semiconductor company's stock valued at $2,061,000 after buying an additional 1,480 shares during the period. Finally, Foundry Partners LLC raised its position in Cohu by 1,191.0% during the 4th quarter. Foundry Partners LLC now owns 176,168 shares of the semiconductor company's stock valued at $4,704,000 after purchasing an additional 162,522 shares in the last quarter. Institutional investors own 94.67% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. B. Riley decreased their price objective on Cohu from $34.00 to $30.00 and set a "buy" rating for the company in a research note on Friday, February 14th. Stifel Nicolaus dropped their price objective on shares of Cohu from $40.00 to $35.00 and set a "buy" rating on the stock in a report on Friday, February 14th. Finally, Needham & Company LLC reissued a "hold" rating on shares of Cohu in a research report on Tuesday, February 25th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, Cohu has a consensus rating of "Hold" and a consensus target price of $30.57.

Cohu Stock Down 1.8 %

Shares of Cohu stock traded down $0.31 on Tuesday, reaching $16.50. 72,535 shares of the company were exchanged, compared to its average volume of 391,346. The stock's 50 day moving average price is $16.36 and its 200-day moving average price is $22.20. The company has a market cap of $767.91 million, a P/E ratio of -11.04 and a beta of 1.39. Cohu, Inc. has a 1-year low of $12.57 and a 1-year high of $36.60. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.38 and a quick ratio of 4.69.

Cohu (NASDAQ:COHU - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The semiconductor company reported ($0.25) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.18). Cohu had a negative return on equity of 3.18% and a negative net margin of 17.38%. As a group, equities analysts forecast that Cohu, Inc. will post -0.36 EPS for the current 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.