Bank of New York Mellon Corp decreased its position in shares of Cohu, Inc. (NASDAQ:COHU) by 20.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 734,851 shares of the semiconductor company’s stock after selling 191,471 shares during the period. Bank of New York Mellon Corp owned about 1.58% of Cohu worth $10,810,000 at the end of the most recent quarter. Several other hedge funds have also recently bought and sold shares of the company. Franklin Resources Inc. lifted its stake in Cohu by 1.4% during the 4th quarter. Franklin Resources Inc. now owns 3,191,263 shares of the semiconductor company’s stock worth $85,207,000 after acquiring an additional 45,571 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in Cohu by 15.5% during the 4th quarter. Ameriprise Financial Inc. now owns 1,148,977 shares of the semiconductor company’s stock worth $30,678,000 after acquiring an additional 154,550 shares in the last quarter. Frontier Capital Management Co. LLC lifted its stake in Cohu by 52.2% during the 4th quarter. Frontier Capital Management Co. LLC now owns 1,139,325 shares of the semiconductor company’s stock worth $30,420,000 after acquiring an additional 390,558 shares in the last quarter. Systematic Financial Management LP raised its position in Cohu by 4.2% in the 4th quarter. Systematic Financial Management LP now owns 922,106 shares of the semiconductor company’s stock valued at $24,620,000 after purchasing an additional 36,759 shares in the last quarter. Finally, Northern Trust Corp raised its position in Cohu by 9.3% in the 4th quarter. Northern Trust Corp now owns 511,278 shares of the semiconductor company’s stock valued at $13,651,000 after purchasing an additional 43,307 shares in the last quarter. Institutional investors and hedge funds own 94.67% of the company’s stock. A number of research firms have issued reports on COHU. Needham & Company LLC reaffirmed a “hold” rating on shares of Cohu in a research report on Friday, May 2nd. Wall Street Zen lowered Cohu from a “hold” rating to a “sell” rating in a research report on Tuesday, May 13th. Stifel Nicolaus reduced their price target on Cohu from $35.00 to $28.00 and set a “buy” rating on the stock in a research report on Friday, May 2nd. Finally, TD Cowen reduced their price target on Cohu from $27.00 to $22.00 and set a “buy” rating on the stock in a research report on Friday, May 2nd. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Cohu has a consensus rating of “Hold” and an average price target of $27.17. Cohu (<NASDAQ:COHU>) last released its quarterly earnings data on Thursday, May 1st. The semiconductor company reported ($0.02) EPS for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.14. Cohu had a negative return on equity of 3.76% and a negative net margin of 21.99%. The business had revenue of $96.80 million for the quarter, compared to the consensus estimate of $96.61 million. During the same quarter in the prior year, the business posted $0.01 EPS. The business’s revenue for the quarter was down 10.0% on a year-over-year basis. As a group, equities research analysts expect that Cohu, Inc. will post -0.36 EPS for the current fiscal year. 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.

Cohu, Inc. (NASDAQ:COHU) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp reduced its stake in Cohu, Inc. by 20.7% in Q1 2025, while other hedge funds adjusted their positions. Research firms issued mixed ratings, and Cohu reported a negative EPS of $0.02 for Q1 2025, beating estimates but facing revenue declines.