COHU INC
At today's price, COHU INC (COHU) is priced for today's economics sustained for ~36.7 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.
Cohu makes semiconductor test and handling equipment, a deeply cyclical business now inflecting off a trough: the trailing operating margin is still negative (about -11%), but first-quarter 2026 orders rose 57% year over year and semiconductor test orders surged 163%. The price assumes the recovery, not the trough. At $69.42 the stock trades around 4.2x book value of about $16 per share, and no static valuation method reaches the price because the methods anchor to depressed trailing earnings.
Is COHU overvalued? See what's priced in →
252 institutional managers reported holding COHU in 13F filings for the quarter ended 2026-03-31. 41 opened new positions that quarter. Held by BlackRock, Vanguard Group, Royce & Associates, among others. On the short side, 8.1M shares were sold short as of the 2026-06-15 count, about 17% of shares outstanding (4.8 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
COHU has cut its share count 3.2% over the past five years, spending $117.39M on repurchases. It pays no dividend. Cash returned over the past three years: $53.17M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at COHU over the trailing three years. Absence is a fact about the company, not a signal. 12 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
COHU's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-05 | -7.0% | -12.2% |
| 2023-11-04 | +3.5% | +5.1% |
| 2024-02-17 | -3.2% | -11.3% |
| 2024-05-04 | +0.2% | +13.2% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
COHU's latest 8-K filings: 2026-05-15 (items 5.03, 5.07, 9.01); 2026-04-30 (items 2.02, 9.01); 2026-02-12 (items 2.02, 9.01); 2025-10-29 (items 2.02, 9.01); 2025-09-29 (items 1.01, 2.03, 3.02, 7.01, 8.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.
Last analyzed: June 27, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.