Cohu, Inc.’s recently made public that 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 $1.62 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 $7.68 million.
TD Cowen reiterated its Cohu, Inc. [COHU] rating to a Buy in a research note published on May 03, 2024; the price target was $36. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in mid February has reiterated a ‘”an Outperform”‘ rating for it. B. Riley Securities also remained covering COHU and has increased its forecast on July 17, 2023 with a “Buy” recommendation from previously “Neutral” rating. Craig Hallum revised its rating on February 17, 2023. It rated COHU as “a Hold” which previously was an “a Buy”.
Price Performance Review of COHU
On Tuesday, Cohu, Inc. [NASDAQ:COHU] saw its stock jump 2.56% to $29.66. Over the last five days, the stock has lost -2.18%. Cohu, Inc. shares have fallen nearly -16.19% since the year began. Nevertheless, the stocks have fallen -13.93% over the past one year. While a 52-week high of $43.99 was reached on 01/23/24, a 52-week low of $28.57 was recorded on 04/19/24. SMA at 50 days reached $31.22, while 200 days put it at $33.62. A total of 0.27 million shares were traded, compared to the trading of 0.26 million shares in the previous session.
Levels Of Support And Resistance For COHU Stock
The 24-hour chart illustrates a support level at 29.24, which if violated will result in even more drops to 28.81. On the upside, there is a resistance level at 29.94. A further resistance level may holdings at 30.21. The Relative Strength Index (RSI) on the 14-day chart is 44.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.54%. Stochastics %K at 28.29% indicates the stock is a holding.
