Foundry Partners LLC Acquires 4,483 Shares of Cohu, Inc. (NASDAQ:COHU)

Foundry Partners LLC grew its position in Cohu, Inc. (NASDAQ:COHUFree Report) by 2.8% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 165,974 shares of the semiconductor company’s stock after purchasing an additional 4,483 shares during the quarter. Foundry Partners LLC’s holdings in Cohu were worth $5,716,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. D.A. Davidson & CO. grew its stake in shares of Cohu by 2.4% in the second quarter. D.A. Davidson & CO. now owns 12,864 shares of the semiconductor company’s stock worth $535,000 after acquiring an additional 300 shares during the period. Inspire Investing LLC grew its stake in shares of Cohu by 5.4% in the second quarter. Inspire Investing LLC now owns 7,581 shares of the semiconductor company’s stock worth $315,000 after acquiring an additional 389 shares during the period. Ziegler Capital Management LLC grew its stake in shares of Cohu by 3.7% in the third quarter. Ziegler Capital Management LLC now owns 12,716 shares of the semiconductor company’s stock worth $438,000 after acquiring an additional 456 shares during the period. Price T Rowe Associates Inc. MD grew its stake in shares of Cohu by 1.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 27,009 shares of the semiconductor company’s stock worth $866,000 after acquiring an additional 476 shares during the period. Finally, ProShare Advisors LLC grew its stake in shares of Cohu by 7.0% in the second quarter. ProShare Advisors LLC now owns 7,317 shares of the semiconductor company’s stock worth $304,000 after acquiring an additional 479 shares during the period. 88.23% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Cohu news, VP Thomas D. Kampfer sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 15th. The shares were sold at an average price of $32.82, for a total value of $98,460.00. Following the completion of the transaction, the vice president now directly owns 54,482 shares in the company, valued at $1,788,099.24. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 2.79% of the company’s stock.

Cohu Stock Performance

Shares of NASDAQ COHU opened at $34.32 on Tuesday. The firm has a market capitalization of $1.63 billion, a price-to-earnings ratio of 31.78 and a beta of 1.52. Cohu, Inc. has a 12-month low of $29.07 and a 12-month high of $43.99. The firm has a 50 day moving average of $33.77 and a 200 day moving average of $34.40. The company has a current ratio of 5.59, a quick ratio of 4.30 and a debt-to-equity ratio of 0.04.

Wall Street Analysts Forecast Growth

COHU has been the subject of a number of research analyst reports. Needham & Company LLC reduced their price target on shares of Cohu from $42.00 to $36.00 and set a “buy” rating for the company in a research note on Tuesday, January 30th. StockNews.com lowered shares of Cohu from a “buy” rating to a “hold” rating in a research report on Saturday, November 4th. Finally, TheStreet lowered shares of 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 company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $44.67.

Read Our Latest Analysis 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.

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Institutional Ownership by Quarter for Cohu (NASDAQ:COHU)

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