Insider Selling: Hock Woo Chiang Sells 2,000 Shares of Cohu Stock (COHU)
Cohu (NASDAQ:COHU) VP Hock Woo Chiang unloaded 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $12.21, for a total transaction of $24,420.00. Following the transaction, the vice president now directly owns 39,347 shares of the company’s stock, valued at approximately $480,427. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Cohu (NASDAQ:COHU) traded up 1.06% on Wednesday, hitting $12.35. The stock had a trading volume of 82,527 shares. Cohu has a one year low of $9.01 and a one year high of $13.08. The stock has a 50-day moving average of $11.02 and a 200-day moving average of $10.58. The company’s market cap is $313.7 million.
Cohu (NASDAQ:COHU) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.19 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.14 by $0.05. The company had revenue of $77.90 million for the quarter, compared to the consensus estimate of $73.60 million. Analysts expect that Cohu will post $0.70 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, October 24th. Investors of record on Friday, August 29th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date of this dividend is Wednesday, August 27th.
Cohu, Inc is a supplier of test handling, burn-in and thermal solutions used by the global semiconductor industry, microwave communications and closed-circuit television equipment.
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