In a filing, Cohu, Inc. revealed its VP Corp Dev, GC & Sec KAMPFER THOMAS D unloaded Company’s shares for reported $98460.0 on Nov 15 ’23. In the deal valued at $32.82 per share,3,000 shares were sold. As a result of this transaction, KAMPFER THOMAS D now holds 54,482 shares worth roughly $1.66 million.
Then, LAWEE IAN P sold 2,000 shares, generating $75,100 in total proceeds. Upon selling the shares at $37.55, the Sr. VP & GM now owns 53,139 shares.
Before that, Jones Jeffrey D sold 10,000 shares. Cohu, Inc. shares valued at $400,000 were divested by the Sr. VP Finance & CFO at a price of $40.00 per share. As a result of the transaction, Jones Jeffrey D now holds 258,990 shares, worth roughly $7.89 million.
TD Cowen reiterated its Cohu, Inc. [COHU] rating to an Outperform in a research note published on February 16, 2024; the price target was $40. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who increased its forecast for the stock in mid July from “a Neutral” to “a Buy”. Craig Hallum also remained covering COHU and has decreased its forecast on February 17, 2023 with a “Hold” recommendation from previously “Buy” rating. Citigroup revised its rating on November 04, 2022. It rated COHU as “a Buy” which previously was an “a Neutral”.
Price Performance Review of COHU
On Tuesday, Cohu, Inc. [NASDAQ:COHU] saw its stock fall -1.10% to $30.47. Over the last five days, the stock has lost -7.81%. Cohu, Inc. shares have fallen nearly -13.90% since the year began. Nevertheless, the stocks have fallen -15.46% over the past one year. While a 52-week high of $43.99 was reached on 01/23/24, a 52-week low of $29.07 was recorded on 03/20/24. SMA at 50 days reached $32.05, while 200 days put it at $34.37. A total of 0.26 million shares were traded, compared to the trading of 0.16 million shares in the previous session.
Levels Of Support And Resistance For COHU Stock
The 24-hour chart illustrates a support level at 30.19, which if violated will result in even more drops to 29.92. On the upside, there is a resistance level at 30.86. A further resistance level may holdings at 31.25. The Relative Strength Index (RSI) on the 14-day chart is 41.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.25%. Stochastics %K at 13.59% indicates the stock is a buying.
