Cohu (NASDAQ:COHU) Shares Gap Down – Here’s What Happened

22 Oct 2026, 16:03 by Danessa Lincoln · The Markets Daily

Cohu, Inc. (NASDAQ:COHU – Get Free Report) gapped down before the market opened on Thursday. The stock had previously closed at $55.29, but opened at $51.24. Cohu shares last traded at $50.6050, with a volume of 62,045 shares trading hands.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Needham & Company LLC raised their price objective on Cohu from $54.00 to $65.00 and gave the stock a “buy” rating in a report on Friday, July 31st. B. Riley Financial upped their price objective on shares of Cohu from $65.00 to $69.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Stifel Nicolaus raised their price target on shares of Cohu from $50.00 to $70.00 and gave the stock a “buy” rating in a research report on Friday, July 10th. Robert W. Baird initiated coverage on Cohu in a research note on Wednesday, July 8th. They set an “outperform” rating and a $65.00 price objective on the stock. Finally, Zacks Research downgraded shares of Cohu from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 28th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $68.75.

Get Our Latest Analysis on COHU

Cohu Price Performance

The company has a market capitalization of $2.25 billion, a price-to-earnings ratio of -56.53 and a beta of 1.51. The business has a fifty day moving average price of $57.94 and a 200 day moving average price of $53.68. The company has a debt-to-equity ratio of 0.37, a current ratio of 5.74 and a quick ratio of 4.72.

Cohu (NASDAQ:COHU – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The semiconductor company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.12. The company had revenue of $149.00 million during the quarter, compared to analyst estimates of $144.20 million. Cohu had a negative net margin of 7.43% and a negative return on equity of 1.96%. The business’s revenue for the quarter was up 38.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.02 EPS. On average, research analysts expect that Cohu, Inc. will post 0.47 earnings per share for the current fiscal year.

Insider Buying and Selling at Cohu

In other news, insider Christopher Bohrson sold 1,000 shares of the firm’s stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $55.31, for a total transaction of $55,310.00. Following the completion of the transaction, the insider owned 157,702 shares in the company, valued at approximately $8,722,497.62. This trade represents a 0.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Luis A. Muller sold 21,662 shares of the firm’s stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $73.00, for a total transaction of $1,581,326.00. Following the sale, the chief executive officer owned 822,927 shares of the company’s stock, valued at $60,073,671. The trade was a 2.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 134,999 shares of company stock valued at $8,321,309 over the last 90 days. Insiders own 3.05% of the company’s stock.

Institutional Investors Weigh In On Cohu

Large investors have recently made changes to their positions in the company. CoreCap Advisors LLC boosted its stake in Cohu by 150.0% in the 3rd quarter. CoreCap Advisors LLC now owns 500 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 300 shares during the period. Fortitude Family Office LLC grew its position in Cohu by 147.9% during the 3rd quarter. Fortitude Family Office LLC now owns 528 shares of the semiconductor company’s stock worth $36,000 after purchasing an additional 315 shares in the last quarter. Allworth Financial LP raised its stake in Cohu by 109.8% during the 2nd quarter. Allworth Financial LP now owns 879 shares of the semiconductor company’s stock valued at $65,000 after purchasing an additional 460 shares during the period. Nykredit A S acquired a new stake in Cohu during the 2nd quarter valued at $36,000. Finally, GAMMA Investing LLC raised its stake in Cohu by 8.3% during the 3rd quarter. GAMMA Investing LLC now owns 8,366 shares of the semiconductor company’s stock valued at $570,000 after purchasing an additional 641 shares during the period. Institutional investors and hedge funds own 94.67% of the company’s stock.

Cohu Company Profile

(Get Free Report)

Cohu, Inc is a global provider of semiconductor test and inspection equipment and related services. The company supplies solutions used by semiconductor manufacturers and outsourced semiconductor assembly and test providers to evaluate devices during production, helping improve manufacturing quality, reliability and efficiency.