Cohu VP Sells $24,420 in Stock (COHU)
Cohu (NASDAQ:COHU) VP Hock Woo Chiang sold 2,000 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $12.21, for a total transaction of $24,420.00. Following the completion of the transaction, the vice president now directly owns 39,347 shares in the company, valued at approximately $480,427. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Cohu (NASDAQ:COHU) traded up 0.24% on Thursday, hitting $12.38. The stock had a trading volume of 7,957 shares. Cohu has a 52 week low of $9.01 and a 52 week high of $13.08. The stock has a 50-day moving average of $11.07 and a 200-day moving average of $10.59. The company’s market cap is $314.4 million.
Cohu (NASDAQ:COHU) last released its earnings data on Wednesday, July 30th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the 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. On average, analysts predict that Cohu will post $0.70 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, October 24th. Investors of record on Friday, August 29th will be paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 1.94%. The ex-dividend date 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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