Today it was reported that the President & CEO of Cohu Inc (COHU), Luis Muller, exercised options to buy 22,000 COHU shares at $9.44 a share, for a total transaction value of $207.7K.
This recent transaction increases Luis Muller’s holding in the company by 5.07% to a total of $5.95 million. In addition to Luis Muller, one other COHU executive reported Buy trades in the last month.
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Based on Cohu Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $150 million and GAAP net loss of $19.32 million. In comparison, last year the company earned revenue of $99.82 million and had a net profit of $11.65 million. The company has a one-year high of $27.43 and a one-year low of $12.39. Currently, Cohu Inc has an average volume of 333.16K.
Starting in March 2019, COHU received 7 Buy ratings in a row. One of the top 25 analysts, according to TipRanks.com, recently recommended Buy COHU with a $18 price target.
The insider sentiment on Cohu Inc has been positive according to 52 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
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Cohu, Inc. engages in the provision of back-end semiconductor equipment and services. It operates through the Semiconductor Test and Inspection, and Printed Circuit Board Test. The company was founded in 1947 and is headquartered in Poway, CA.
