In a filing, Cohu, Inc revealed its Sr VP & Chief Customer Officer BOHRSON CHRISTOPHER unloaded Company’s shares for reported $5536.0 on Dec 10 ’24. In the deal valued at $27.68 per share,200 shares were sold. As a result of this transaction, BOHRSON CHRISTOPHER now holds 129,339 shares worth roughly $3.47 million.
Then, BOHRSON CHRISTOPHER sold 200 shares, generating $5,646 in total proceeds. Upon selling the shares at $28.23, the Sr VP & Chief Customer Officer now owns 129,539 shares.
Before that, BOHRSON CHRISTOPHER sold 200 shares. Cohu, Inc shares valued at $4,866 were divested by the Sr VP & Chief Customer Officer at a price of $24.33 per share. As a result of the transaction, BOHRSON CHRISTOPHER now holds 129,739 shares, worth roughly $3.48 million.
Craig Hallum upgraded its Cohu, Inc [COHU] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in early November has reiterated a ‘”a Buy”‘ rating for it. Citigroup also remained covering COHU and has decreased its forecast on July 15, 2024 with a “Neutral” recommendation from previously “Buy” rating. TD Cowen maintained its rating on May 03, 2024. It rated COHU as “a Buy”.
Price Performance Review of COHU
On Tuesday, Cohu, Inc [NASDAQ:COHU] saw its stock jump 1.86% to $26.83. Over the last five days, the stock has lost -2.12%. Cohu, Inc shares have fallen nearly -24.19% since the year began. Nevertheless, the stocks have fallen -24.72% over the past one year. While a 52-week high of $36.60 was reached on 07/11/24, a 52-week low of $22.80 was recorded on 09/11/24. SMA at 50 days reached $26.36, while 200 days put it at $28.62.
Levels Of Support And Resistance For COHU Stock
The 24-hour chart illustrates a support level at 26.29, which if violated will result in even more drops to 25.76. On the upside, there is a resistance level at 27.10. A further resistance level may holdings at 27.38. The Relative Strength Index (RSI) on the 14-day chart is 51.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.57, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.03%. Stochastics %K at 32.21% indicates the stock is a holding.
How much short interest is there in Cohu, Inc?
A steep rise in short interest was recorded in Cohu, Inc stocks on 2024-11-29, growing by 0.24 million shares to a total of 1.73 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 1.49 million shares. There was a rise of 13.67%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on February 16, 2024 when TD Cowen resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $40.
