Transaction details
Christopher Bohrson, who serves as Senior Vice President and Chief Customer Officer of Cohu Inc. (NASDAQ: COHU), executed a sale of the company’s common stock on April 15, 2026. The transaction comprised 1,000 shares that originated from Restricted Stock Units (RSUs). Each share was sold at an exact price of $38.00, yielding total proceeds of $38,000.
The sale was carried out under a pre-established 10b5-1 trading arrangement that Mr. Bohrson adopted on November 21, 2025. That plan governed the disposition of the RSU-derived shares transacted on April 15.
Holdings and equity context
After the April 15 disposition, Mr. Bohrson directly owns 175,202 shares of Cohu common stock. His reported holdings include 109,565 Restricted Stock Units that are slated to convert into common shares as they vest, contingent on continued service and attainment of specified performance targets.
Market movement since the sale has been notable: the stock has appreciated to $45.13, a figure the company’s reporting states represents a 209% return over the previous 12 months.
Valuation and upcoming results
According to InvestingPro analysis cited in company reporting, Cohu’s shares are trading above their Fair Value estimate. Investors and observers are pointed to an upcoming earnings release, with results due April 30, which will provide the next formal update on the company’s financial performance.
Orders and product demand
In separate company announcements, Cohu said it received follow-on orders amounting to $30 million for its Eclipse platform, intended for testing next-generation high-performance computing processors. These orders are scheduled to be fulfilled over the coming quarters.
Cohu also disclosed a multi-unit order from a U.S.-based semiconductor manufacturer for the Eclipse platform. That order is intended to support the development of AI datacenter processors.
Analyst activity
Following the news of new orders for AI chip testing, several analysts adjusted their outlooks. Stifel raised its price target for Cohu to $34 while maintaining a Buy rating. Needham increased its price target to $33, noting that Cohu’s fourth-quarter 2025 revenue met guidance even as gross margins fell short due to a one-time inventory charge. Evercore ISI initiated coverage with an Outperform rating and a $35 price target, citing a potential recovery in auto-industrial markets in 2026 and 2027. These analyst moves accompanied the company’s publicized order flow and strategic positioning in semiconductor testing.
What this means now
The filing and subsequent sale by an executive were executed within a previously established trading plan. At the same time, the company’s order announcements and the range of analyst reactions underscore ongoing market interest in Cohu’s Eclipse testing platform, particularly for applications in high-performance computing and AI datacenter chip development. An earnings report due April 30 represents the next scheduled milestone for additional company-specific information.