COHU Cohu, Inc.

Cohu, Inc. engages in the provision of back-end semiconductor equipment and services. It provides test and handling capital equipment, interface products and related services to the semiconductor and electronics manufacturing industries. The firm operates through the following segments: Semiconductor Test and Inspection; and Printed Circuit Board Test. The company was founded in 1947 and is headquartered in Poway, CA.

Company profile

Ticker

COHU

Exchange

NASDAQ

Website

www.cohu.com

CEO

Luis Antonio Müller

Incorporated in

Delaware

Location

California

Fiscal year end

Dec 28

Sector

Electronic Technology > Electronic Equipment/Instruments

Industry (SEC)

Instruments For Meas & Testing of Electricity & Elec Signals

Itron • Teradyne • Transcat • Allied Motion • Frequency Electronics • Wireless Telecom • Aehr Test Systems • Data I/O • Giga Tronics • Intest ...

SEC CIK

0000021535

Corporate docs

Articles of Incorporation & Bylaws

IRS number

951934119

COHU stock data

S&P 500

1M 1Y 2Y 5Y

FINRA relative short interest over last month (20 trading days) ?

Company financial data Financial data

Chart COHU financial data

Quarter (USD)	Dec 19	Sep 19	Jun 19	Mar 19
Revenue	142.01M	143.5M	150.01M	147.81M
Net income	-17.27M	-10.47M	-19.32M	-22.64M
Diluted EPS	-0.42	-0.25	-0.47	-0.55
Net profit margin	-12.16%	-7.29%	-12.88%	-15.32%
Operating income	-13.66M	-6.02M	-14.66M	-17.98M
Net change in cash	10.1M	2.08M	-16.51M	-4.94M
Cash on hand	155.19M	145.09M	143.01M	159.52M
Cost of revenue	87.94M	84.57M	87.61M	93.39M

Annual (USD)	Dec 19	Dec 15	Dec 14
Revenue	583.33M	269.65M	316.63M
Net income	-69.7M	250K	8.71M
Diluted EPS	-1.69	0.01	0.33
Net profit margin	-11.95%	0.09%	2.75%
Operating income	-52.33M	7.96M	19.4M
Net change in cash	39.82M	44.49M
Cash on hand	155.19M	115.37M	70.89M
Cost of revenue	353.5M	180.62M	210.66M

Financial data from Cohu earnings reports

Recent insider trades

COHU insider ownership history Insider history

Date	Owner	Security	Transaction	Code	#Shares	#Remaining
22 Mar 20	Muller Luis A	Common Stock	Payment of exercise	Dispose F	16,118	565,155
22 Mar 20	Bohrson Christopher	Common Stock	Payment of exercise	Dispose F	2,648	93,110
22 Mar 20	Jones Jeffrey D	Common Stock	Payment of exercise	Dispose F	7,360	240,457
20 Mar 20	Jones Jeffrey D	Common Stock	Payment of exercise	Dispose F	1,634	258,453
20 Mar 20	Bohrson Christopher	Common Stock	Payment of exercise	Dispose F	899	101,667
20 Mar 20	Muller Luis A	Common Stock	Payment of exercise	Dispose F	3,813	605,894
20 Mar 20	Kampfer Thomas D	Common Stock	Payment of exercise	Dispose F	883	76,487
19 Mar 20	Bohrson Christopher	Common Stock	Payment of exercise	Dispose F	1,812	102,566
19 Mar 20	Jones Jeffrey D	Common Stock	Payment of exercise	Dispose F	2,762	260,087
19 Mar 20	Muller Luis A	Common Stock	Payment of exercise	Dispose F	7,329	609,707

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2019

COHU institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	131	142	-7.7%
Opened positions	18	18	–
Closed positions	29	23	+26.1%
Increased positions	48	52	-7.7%
Reduced positions	43	47	-8.5%

13F shares	Current	Prev Q	Change
Total value	2.23B	1.22B	+82.8%
Total shares	38.86M	37.71M	+3.1%
Total puts	25.3K	542.23K	-95.3%
Total calls	20.2K	119K	-83.0%
Total put/call ratio	1.3	4.6	-72.5%

Largest owners	Shares	Value	Change
BLK BlackRock	6.4M	$146.18M	-1.9%
Wellington Management	3.35M	$76.47M	-9.0%
AMP Ameriprise Financial	2.78M	$63.61M	+24.0%
Dimensional Fund Advisors	2.72M	$62.19M	-10.4%
Vanguard	2.41M	$55.04M	+6.9%
Barrow Hanley Mewhinney & Strauss	2.16M	$49.26M	+0.6%
Victory Capital Management	2M	$45.74M	+63.6%
Cooke & Bieler	1.83M	$41.73M	+42.9%
Renaissance Technologies	1.57M	$35.91M	+18.6%
Systematic Financial Management	1.43M	$32.72M	+6.3%

Largest transactions	Shares	Bought/sold	Change
Victory Capital Management	2M	+778.4K	+63.6%
Cooke & Bieler	1.83M	+548.29K	+42.9%
AMP Ameriprise Financial	2.78M	+538.63K	+24.0%
VIEX Capital Advisors	0	-397.9K	EXIT
GS Goldman Sachs	579.28K	+387.99K	+202.8%
Wellington Management	3.35M	-330.95K	-9.0%
Dimensional Fund Advisors	2.72M	-316.8K	-10.4%
Manufacturers Life Insurance Company, The	307.72K	+282.26K	+1108.5%
Renaissance Technologies	1.57M	+246.61K	+18.6%
Foundry Partners	191.23K	+191.23K	NEW

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Teradyne • Xcerra • MCT • FormFactor

Content analysis ?

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: Appendix, attack, aware, BB, benchmark, BIS, broadly, Bureau, Camp, card, centralized, Commerce, commodity, compelling, construction, consumption, convened, DEF, deployment, depressed, derecognized, disease, distract, downsize, drawn, drew, EAR, earth, elektronische, encourage, escalating, ESPP, EU, fact, Front, FSG, geography, hedging, highlight, Huawei, Hubei, human, Ian, IC, incremental, inhibit, InSight, institution, instrumentation, Island, Isolation, Kingdom, Lawee, lawfully, leaseback, lesser, levied, Lincoln, Lynne, member, microelectronic, Module, Moody, Nina, outbreak, Pascal, phase, phased, phishing, population, proactively, Province, relief, repeatedly, reside, respiratory, resumed, retaliatory, Rhode, Similarly, social, softened, spanning, spread, stop, street, sublease, sublimit, submit, successor, Supplemental, susceptible, suspended, swap, travel, trust, UK, unamortized, unclear, volcanic, weak, weaker, widespread, Wuhan

Removed: achieving, Attleboro, BMS, camera, connect, consistent, consultant, de, divestiture, fast, GHz, improving, Kyoto, light, logic, noncompliance, objective, office, physical, practice, preserving, pro, purpose, reconciling, region, rendered, step, substantive, temperature, USA, video

From filing 10-K 2019 FY