Amundi Purchases 14,415 Shares of Cohu, Inc. (NASDAQ:COHU)

Amundi raised its stake in shares of Cohu, Inc. (NASDAQ:COHU) by 174.5% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 22,675 shares of the semiconductor company’s stock after purchasing an additional 14,415 shares during the period. Amundi’s holdings in Cohu were worth $598,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. First Horizon Advisors Inc. grew its stake in Cohu by 49.2% in the third quarter. First Horizon Advisors Inc. now owns 1,622 shares of the semiconductor company’s stock worth $42,000 after purchasing an additional 535 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in Cohu by 413.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,740 shares of the semiconductor company’s stock worth $46,000 after purchasing an additional 1,401 shares in the last quarter. KBC Group NV lifted its holdings in Cohu by 75.7% during the fourth quarter. KBC Group NV now owns 2,627 shares of the semiconductor company’s stock worth $70,000 after buying an additional 1,132 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in Cohu during the fourth quarter worth $120,000. Finally, Morgan Dempsey Capital Management LLC lifted its holdings in shares of Cohu by 24.8% during the 4th quarter. Morgan Dempsey Capital Management LLC now owns 7,609 shares of the semiconductor company’s stock valued at $203,000 after purchasing an additional 1,513 shares during the last quarter. 94.67% of the stock is currently owned by hedge funds and other institutional investors.

Cohu Stock Performance

NASDAQ COHU opened at $16.89 on Friday. 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, Inc. has a 1 year low of $15.61 and a 1 year high of $36.60. The company has a market capitalization of $788.93 million, a PE ratio of -11.26 and a beta of 1.50. The company has a fifty day moving average of $20.92 and a two-hundred day moving average of $24.17.

Cohu (NASDAQ:COHU) last announced its earnings results on Thursday, February 20th. The semiconductor company reported ($0.25) earnings per share 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, analysts expect that Cohu, Inc. will post -0.36 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts recently issued reports on COHU shares. Needham & Company LLC reissued a “hold” rating on shares of Cohu in a research report on Tuesday, February 25th. B. Riley dropped their target price on Cohu from $34.00 to $30.00 and set a “buy” rating on the stock in a research report on Friday, February 14th. Finally, Stifel Nicolaus dropped their target price on Cohu from $40.00 to $35.00 and set a “buy” rating on the stock in a research report on Friday, February 14th. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $30.57.

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.