Cohu, Inc. (NASDAQ:COHU) Stock Holdings Cut by Keybank National Association OH

Keybank National Association OH trimmed its holdings in shares of Cohu, Inc. (NASDAQ:COHUFree Report) by 11.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,772 shares of the semiconductor company’s stock after selling 1,840 shares during the quarter. Keybank National Association OH’s holdings in Cohu were worth $509,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Exchange Traded Concepts LLC acquired a new position in Cohu during the second quarter worth $36,000. Coppell Advisory Solutions LLC acquired a new position in Cohu during the second quarter worth $45,000. FMR LLC increased its position in Cohu by 209.1% during the second quarter. FMR LLC now owns 1,391 shares of the semiconductor company’s stock worth $38,000 after buying an additional 941 shares during the last quarter. Lazard Asset Management LLC acquired a new position in Cohu during the second quarter worth $80,000. Finally, Captrust Financial Advisors increased its position in Cohu by 96.1% during the first quarter. Captrust Financial Advisors now owns 2,698 shares of the semiconductor company’s stock worth $80,000 after buying an additional 1,322 shares during the last quarter. 88.23% of the stock is owned by institutional investors and hedge funds.

Cohu Stock Down 0.1 %

COHU stock opened at $32.24 on Thursday. Cohu, Inc. has a twelve month low of $29.07 and a twelve month high of $43.99. The company has a market cap of $1.53 billion, a PE ratio of 29.85 and a beta of 1.52. The business’s 50-day simple moving average is $33.67 and its 200 day simple moving average is $34.58. The company has a quick ratio of 4.30, a current ratio of 5.59 and a debt-to-equity ratio of 0.04.

Insider Buying and Selling

In related news, VP Thomas D. Kampfer sold 3,000 shares of Cohu stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $32.82, for a total transaction of $98,460.00. Following the sale, the vice president now directly owns 54,482 shares of the company’s stock, valued at $1,788,099.24. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 2.79% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Needham & Company LLC lowered their price target on Cohu from $42.00 to $36.00 and set a “buy” rating on the stock in a research report on Tuesday, January 30th. StockNews.com downgraded Cohu from a “buy” rating to a “hold” rating in a research report on Saturday, November 4th. Finally, TheStreet downgraded Cohu from a “b-” rating to a “c+” rating in a research report on Thursday, November 16th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $44.67.

View Our Latest Stock Report on Cohu

Cohu Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Cohu (NASDAQ:COHU)

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