Cohu, Inc. (NASDAQ:COHU) Director James A. Donahue sold 75,000 shares of the stock in a transaction that occurred on Tuesday, October 3rd. The stock was sold at an average price of $23.85, for a total value of $1,788,750.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Shares of Cohu, Inc. (NASDAQ:COHU) traded down 1.08% during mid-day trading on Thursday, hitting $23.71. The stock had a trading volume of 60,519 shares. The firm has a 50 day moving average of $20.18 and a 200 day moving average of $18.65. Cohu, Inc. has a one year low of $10.72 and a one year high of $24.72. The stock has a market cap of $662.91 million, a price-to-earnings ratio of 34.26 and a beta of 0.92.

Cohu (NASDAQ:COHU) last posted its earnings results on Thursday, July 27th. The semiconductor company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.03. Cohu had a net margin of 6.21% and a return on equity of 11.59%. The company had revenue of $93.90 million during the quarter, compared to analysts’ expectations of $92.91 million. During the same quarter in the previous year, the company posted $0.23 earnings per share. Cohu’s quarterly revenue was up 22.9% compared to the same quarter last year. On average, analysts forecast that Cohu, Inc. will post $1.54 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, October 20th. Stockholders of record on Friday, August 25th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date is Wednesday, August 23rd. Cohu’s dividend payout ratio (DPR) is currently 34.78%.

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Several large investors have recently bought and sold shares of the company. Arizona State Retirement System raised its stake in shares of Cohu by 1.6% in the first quarter. Arizona State Retirement System now owns 13,026 shares of the semiconductor company’s stock valued at $240,000 after acquiring an additional 200 shares during the last quarter. Louisiana State Employees Retirement System raised its stake in shares of Cohu by 2.0% in the second quarter. Louisiana State Employees Retirement System now owns 10,400 shares of the semiconductor company’s stock valued at $164,000 after acquiring an additional 200 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of Cohu by 1.0% in the second quarter. The Manufacturers Life Insurance Company now owns 21,696 shares of the semiconductor company’s stock valued at $342,000 after acquiring an additional 207 shares during the last quarter. Hillsdale Investment Management Inc. raised its stake in shares of Cohu by 0.7% in the second quarter. Hillsdale Investment Management Inc. now owns 59,890 shares of the semiconductor company’s stock valued at $943,000 after acquiring an additional 390 shares during the last quarter. Finally, Mason Street Advisors LLC raised its stake in shares of Cohu by 7.6% in the first quarter. Mason Street Advisors LLC now owns 5,839 shares of the semiconductor company’s stock valued at $108,000 after acquiring an additional 411 shares during the last quarter. Institutional investors own 83.86% of the company’s stock.

A number of analysts have recently weighed in on the company. B. Riley reiterated a “buy” rating and set a $25.00 price target on shares of Cohu in a research report on Thursday, July 20th. BidaskClub upgraded Cohu from a “sell” rating to a “hold” rating in a research report on Wednesday, August 16th. Stifel Nicolaus reiterated a “hold” rating and set a $19.00 price target (up from $17.00) on shares of Cohu in a research report on Monday, July 17th. Finally, Zacks Investment Research upgraded Cohu from a “hold” rating to a “strong-buy” rating and set a $20.00 price target on the stock in a research report on Friday, July 14th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $23.00.

About Cohu

Cohu, Inc is a supplier of semiconductor test and inspection handlers, micro-electro mechanical system (MEMS) test modules, test contactors and thermal sub-systems used by global semiconductor manufacturers and test subcontractors. It develops, manufactures, sells and services a line of equipment capable of handling a range of integrated circuits and light-emitting diodes.

Insider Buying and Selling by Quarter for Cohu (NASDAQ:COHU)

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