Analytic Investors LLC purchased a new position in Cohu, Inc. (NASDAQ:COHU) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,137 shares of the company’s stock, valued at approximately $119,000.
Other large investors also recently modified their holdings of the company. SECOR Capital Advisors LP increased its stake in shares of Cohu by 17.7% in the third quarter. SECOR Capital Advisors LP now owns 66,499 shares of the company’s stock worth $781,000 after buying an additional 10,017 shares in the last quarter. Springbank Value Partners LP increased its stake in shares of Cohu by 11.2% in the third quarter. Springbank Value Partners LP now owns 13,900 shares of the company’s stock worth $163,000 after buying an additional 1,400 shares in the last quarter. Spark Investment Management LLC bought a new stake in shares of Cohu during the third quarter worth about $750,000. Pacific Ridge Capital Partners LLC increased its stake in shares of Cohu by 15.3% in the third quarter. Pacific Ridge Capital Partners LLC now owns 255,396 shares of the company’s stock worth $2,998,000 after buying an additional 33,926 shares in the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. bought a new stake in shares of Cohu during the third quarter worth about $160,000. 82.94% of the stock is currently owned by institutional investors and hedge funds.
Cohu, Inc. (NASDAQ:COHU) traded up 0.15% during midday trading on Friday, hitting $13.19. The company had a trading volume of 53,255 shares. Cohu, Inc. has a 52 week low of $10.01 and a 52 week high of $14.43. The firm’s 50 day moving average is $13.45 and its 200-day moving average is $11.99. The firm has a market capitalization of $352.32 million, a P/E ratio of 119.91 and a beta of 0.80.
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A number of equities research analysts have weighed in on COHU shares. B. Riley reaffirmed a “buy” rating and issued a $14.00 target price on shares of Cohu in a report on Wednesday, November 2nd. Zacks Investment Research raised Cohu from a “hold” rating to a “buy” rating and set a $12.00 target price on the stock in a report on Tuesday, November 1st. Finally, TheStreet raised Cohu from a “hold” rating to a “buy” rating in a report on Tuesday, November 22nd.
In other Cohu news, Director William Bendush sold 6,000 shares of the business’s stock in a transaction on Friday, November 18th. The shares were sold at an average price of $12.14, for a total transaction of $72,840.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 5.97% of the company’s stock.
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. The Company develops, manufactures, sells and services a line of equipment capable of handling a range of integrated circuits and light-emitting diodes (LEDs).
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