Cohu Inc govt sells shares price $5,156

Following this sale, Bohrson retains possession of 129,139 shares. This determine contains 74,746 restricted inventory models (RSUs), that are set to transform into widespread inventory upon assembly sure efficiency and employment circumstances. The sale was performed underneath a 10b5-1 buying and selling plan, which was adopted on Could 17, 2024. For buyers in search of deeper insights, InvestingPro affords complete evaluation with 12 further ProTips and an in depth Honest Worth evaluation, together with unique entry to the Professional Analysis Report masking Cohu (NASDAQ:COHU)’s monetary well being and progress prospects. For buyers in search of deeper insights, InvestingPro affords complete evaluation with 12 further ProTips and an in depth Honest Worth evaluation, together with unique entry to the Professional Analysis Report masking Cohu’s monetary well being and progress prospects.

Following this sale, Bohrson retains possession of 129,139 shares. This determine contains 74,746 restricted inventory models (RSUs), that are set to transform into widespread inventory upon assembly sure efficiency and employment circumstances. The sale was performed underneath a 10b5-1 buying and selling plan, which was adopted on Could 17, 2024.

In different current information, semiconductor tools producer Cohu has seen a number of notable developments. The corporate’s inventory score was downgraded from Purchase to Maintain by Needham analysts, a call influenced by projections of a reasonable tools cycle over the subsequent two years. Concurrently, Cohu accomplished the acquisition of synthetic intelligence agency Tignis, a transfer aimed toward enhancing semiconductor manufacturing yield and productiveness.

TD Cowen, after reviewing Cohu’s current monetary efficiency, diminished its value goal for the corporate to $30.00 from the earlier $36.00, however maintained a Purchase score. Regardless of a take a look at utilization price within the low-70% vary, the agency highlighted Cohu’s means to safe new design wins, which may present progress alternatives.

Cohu additionally reported a gradual monetary efficiency for its third-quarter 2024 earnings, with revenues reaching $95.3 million and a gross margin of 47%. A big 67% of the whole income got here from recurring sources, demonstrating the corporate’s resilience in a difficult market. Wanting forward, Cohu expects a ten% income improve for Q1 2025. These current developments underscore Cohu’s resilience and potential for progress within the semiconductor sector.

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