Gold prices hit 2-week high as Trump-Fed feud escalates with Cook firing
William Bendush, a director at Cohu Inc. (NASDAQ:COHU), a semiconductor equipment company with a market capitalization of $839 million, has recently sold a significant portion of his holdings in the company. The stock has shown strong momentum with a 14.58% gain over the past week, according to InvestingPro data. According to a Form 4 filing with the Securities and Exchange Commission, Bendush sold a total of 6,800 shares of Cohu common stock over two days. The transactions, executed on May 12 and May 13, involved sales at weighted average prices of $17.69 and $17.93 per share, respectively. The total value of these sales amounted to $121,108, with prices ranging from $17.41 to $18.07. Based on InvestingPro’s Fair Value analysis, the stock appears to be fairly valued at current levels. Following these transactions, Bendush holds 27,362 shares indirectly through the Bendush Living Trust. Additionally, he retains 4,918 restricted stock units, which will convert to common stock upon vesting. The company maintains strong liquidity with a current ratio of 5.2, and analysts expect a return to profitability in 2025. Get deeper insights into insider trading patterns and 8 additional key ProTips with InvestingPro.
In other recent news, Cohu Inc. reported its first-quarter 2025 financial results, revealing a mixed performance. The company posted revenue of $96.8 million, slightly exceeding expectations of $96.61 million, but reported a non-GAAP earnings per share (EPS) of -$0.02, missing the forecast of -$0.0033. Despite the EPS miss, Cohu has provided optimistic guidance for the second quarter of 2025, projecting revenue of $106 million (±$7 million) and a gross margin forecast of 45%. Additionally, Cohu continues to pursue strategic initiatives, including the integration of Tignis, which was acquired for $35 million, as part of its efforts to bolster market position.
In other developments, the company has been actively expanding its customer base, securing new design wins in various segments, including automotive and communications. The acquisition of Tignis is expected to enhance Cohu’s predictive maintenance solutions, with initial positive feedback from customers. Furthermore, Cohu has announced a restructuring program aimed at reducing manufacturing and operating expenses, which is expected to benefit the company starting in the second quarter. Analysts from firms such as Stifel and B. Riley Securities have expressed interest in Cohu’s recent recurring order increases, particularly in the mobile segment, which could signal potential future growth.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.