Healthcare of Ontario Pension Plan Trust Fund Trims Holdings in Cohu, Inc. $COHU

Healthcare of Ontario Pension Plan Trust Fund lowered its holdings in shares of Cohu, Inc. (NASDAQ:COHU) by 72.5% in the first quarter, Holdings Channel reports. The firm owned 35,391 shares of the semiconductor company’s stock after selling 93,437 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Cohu were worth $1,084,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. SG Capital Management LLC purchased a new stake in shares of Cohu in the fourth quarter valued at about $33,174,000. Invesco Ltd. grew its holdings in shares of Cohu by 478.4% during the second quarter. Invesco Ltd. now owns 1,175,282 shares of the semiconductor company’s stock worth $22,612,000 after buying an additional 972,088 shares during the last quarter. Emerald Advisers LLC purchased a new position in shares of Cohu during the first quarter worth about $23,887,000. Emerald Mutual Fund Advisers Trust acquired a new position in Cohu in the 1st quarter valued at about $14,999,000. Finally, Segall Bryant & Hamill LLC acquired a new position in Cohu in the 4th quarter valued at about $9,859,000. 94.67% of the stock is owned by hedge funds and other institutional investors.

Cohu Price Performance

Shares of NASDAQ:COHU opened at $47.99 on Friday. The company has a quick ratio of 5.31, a current ratio of 6.43 and a debt-to-equity ratio of 0.37. The company has a market cap of $2.26 billion, a P/E ratio of -57.82 and a beta of 1.55. Cohu, Inc. has a 52 week low of $17.80 and a 52 week high of $74.60. The company has a 50-day moving average price of $56.71 and a 200 day moving average price of $42.43.

Cohu (NASDAQ:COHU) last announced its quarterly earnings data on Thursday, July 30th. The semiconductor company reported $0.26 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.12. Cohu had a negative return on equity of 1.95% and a negative net margin of 7.43%.The company had revenue of $149.00 million for the quarter, compared to analyst estimates of $144.20 million. During the same quarter in the previous year, the company earned $0.02 EPS. The firm’s revenue for the quarter was up 38.3% compared to the same quarter last year. Research analysts predict that Cohu, Inc. will post 0.17 earnings per share for the current year.

Insiders Place Their Bets

In other Cohu news, Director Steven J. Bilodeau sold 10,257 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $44.85, for a total value of $460,026.45. Following the completion of the transaction, the director owned 52,272 shares in the company, valued at approximately $2,344,399.20. This represents a 16.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director James A. Donahue sold 10,257 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $46.77, for a total value of $479,719.89. Following the completion of the sale, the director directly owned 3,578 shares of the company’s stock, valued at approximately $167,343.06. This trade represents a 74.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 89,668 shares of company stock worth $4,210,016. Corporate insiders own 3.05% of the company’s stock.

Key Headlines Impacting Cohu

Here are the key news stories impacting Cohu this week:

• Positive Sentiment: Second-quarter results exceeded expectations: Cohu reported adjusted earnings of $0.26 per share versus the $0.14 consensus estimate, while revenue rose 38.3% year over year to $149.0 million, ahead of the $144.2 million forecast. Results benefited from AI-compute demand, higher tester and recurring-service sales, and a favorable product mix. COHU Q2 Earnings Beat Estimates on AI Compute and Favorable Mix
• Positive Sentiment: Strong third-quarter outlook: Management forecast revenue of $163 million to $177 million, well above the $146.6 million analyst consensus. The outlook suggests continued momentum from high-performance computing and semiconductor test demand. Cohu jumps on strong Q2 results, guidance
• Positive Sentiment: Analysts raised their valuations: B. Riley lifted its price target from $65 to $69 and assigned a Buy rating. Needham analyst Charles Shi also reiterated a Buy rating and raised his target to $65, citing accelerating growth and HPC tailwinds. B. Riley analyst action Needham analyst action
• Negative Sentiment: GAAP profitability remains a concern: Although adjusted earnings were positive, Cohu posted a GAAP loss of approximately $0.2 million for the quarter, alongside a negative net margin and negative return on equity. Investors may therefore focus on whether improving revenue and mix can translate into sustainable GAAP profits. Cohu Reports Second Quarter 2026 Results

Analyst Ratings Changes

COHU has been the subject of a number of recent research reports. Craig Hallum reaffirmed a “buy” rating and set a $74.00 price objective on shares of Cohu in a research report on Friday. Zacks Research raised Cohu from a “hold” rating to a “strong-buy” rating in a report on Thursday. Stifel Nicolaus upped their price target on Cohu from $50.00 to $70.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Jefferies Financial Group restated a “buy” rating and set a $74.00 price target on shares of Cohu in a research note on Friday. Finally, Evercore reaffirmed an “outperform” rating and set a $53.00 price target on shares of Cohu in a report on Tuesday, April 28th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $68.75.

About Cohu

Cohu, Inc is a global provider of semiconductor test and inspection solutions, offering a broad portfolio of products designed to support chip manufacturers, outsourced semiconductor assembly and test (OSAT) providers, and electronics original equipment manufacturers (OEMs). The company’s product lineup includes automatic test handlers, wafer probers, test sockets, thermal subassembly systems and burn-in boards, all engineered to optimize throughput, accuracy and reliability in semiconductor production and final test.

Founded in 1947 and headquartered in Poway, California, Cohu has grown through both organic development and targeted acquisitions to become a recognized leader in test handling and interconnect technologies.