A Director at Cohu (NASDAQ: COHU) is Selling Shares

By Carrie Williams

Today, a Director at Cohu (NASDAQ: COHU), William Bendush, sold shares of COHU for $72.84K.

In addition to William Bendush, 3 other COHU executives reported Sell trades in the last month. Following William Bendush’s last COHU Sell transaction on May 13, 2016, the stock climbed by 1.1%.

Based on Cohu’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $69.26 million and quarterly net profit of $218K. In comparison, last year the company earned revenue of $67.51 million and had a net profit of $1.11 million. COHU’s market cap is $326.2M and the company has a P/E ratio of 112.02. The company has a one year high of $13.32 and a one year low of $10.01.

The insider sentiment on Cohu has been neutral according to 47 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Cohu, Inc. manufactures and markets semiconductor test and inspection handlers. It also supplies micro-electro mechanical system test modules, test contactors and thermal sub-systems used by global semiconductor manufacturers and test subcontractors. The company operates its business through two segments: Semiconductor Equipment and Microwave Communications. The Semiconductor Equipment segment operates through three subsidiaries, such as Delta Design, Inc., Rasco GmbH and Ismeca Semiconductor Holding SA. Delta Design develops, manufactures and sells pick-and-place semiconductor test handling equipment and thermal sub-systems. Rasco develops, manufactures and sells gravity-feed and test-in-strip semiconductor test handling equipment and micro-electro-mechanical systems test modules used in final test operations by semiconductor manufacturers and test subcontractors. Ismeca Semiconductor designs, manufactures and sells turret-based test handling and back-end finishing equipment for integrated circuits, light emitting diodes and discrete components. The Microwave Communications segment operates through Broadcast Microwave Services, Inc. (BMS) subsidiary. BMS develops, manufactures and sells mobile microwave communications equipment to government agencies, law enforcement and public safety organizations, unmanned aerial vehicle program contractors, television broadcasters, entertainment companies, professional sports teams and other commercial entities. Cohu business roots back to 1947 with the creation of a tiny laboratory partnership, Kalbfell Laboratories, Inc. The company was founded in 1972 and is headquartered in Poway, CA.