Kulicke and Soffa Industries (NASDAQ:KLIC) Director Sells $2,000,000.00 in Stock

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Director Mui Sung Yeo sold 20,000 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $100.00, for a total transaction of $2,000,000.00. Following the transaction, the director owned 59,197 shares in the company, valued at $5,919,700. The trade was a 25.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Kulicke and Soffa Industries Stock Up 3.3%

Shares of NASDAQ KLIC opened at $104.40 on Friday. The firm has a market cap of $5.46 billion, a PE ratio of 100.38 and a beta of 1.66. The company’s fifty day simple moving average is $80.72 and its 200 day simple moving average is $63.24. Kulicke and Soffa Industries, Inc. has a 12-month low of $31.21 and a 12-month high of $107.01.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.12. Kulicke and Soffa Industries had a net margin of 7.16% and a return on equity of 7.29%. The firm had revenue of $242.62 million during the quarter, compared to the consensus estimate of $228.75 million. During the same period in the previous year, the firm posted ($0.52) earnings per share. The business’s revenue was up 49.8% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. On average, equities analysts predict that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share for the current year.

Kulicke and Soffa Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Thursday, March 19th were given a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, March 19th. Kulicke and Soffa Industries’s payout ratio is presently 78.85%.

Analyst Ratings Changes

A number of analysts recently commented on the company. Wall Street Zen raised Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Zacks Research raised Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Weiss Ratings raised Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Finally, Needham & Company LLC boosted their target price on Kulicke and Soffa Industries from $70.00 to $105.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $59.25.

Institutional Trading of Kulicke and Soffa Industries

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KLIC. Invesco Ltd. increased its holdings in Kulicke and Soffa Industries by 347.9% during the 4th quarter. Invesco Ltd. now owns 767,001 shares of the semiconductor company’s stock worth $34,945,000 after purchasing an additional 595,753 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its holdings in Kulicke and Soffa Industries by 541.4% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 665,295 shares of the semiconductor company’s stock worth $27,038,000 after purchasing an additional 561,571 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Kulicke and Soffa Industries by 125.0% during the 1st quarter. Bank of New York Mellon Corp now owns 926,915 shares of the semiconductor company’s stock worth $60,917,000 after purchasing an additional 514,983 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in Kulicke and Soffa Industries by 21.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,348,020 shares of the semiconductor company’s stock worth $81,241,000 after purchasing an additional 409,116 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in Kulicke and Soffa Industries by 549.8% during the 2nd quarter. AQR Capital Management LLC now owns 321,313 shares of the semiconductor company’s stock worth $11,117,000 after purchasing an additional 271,868 shares in the last quarter. 98.22% of the stock is owned by institutional investors.

Kulicke and Soffa Industries Company Profile

Kulicke & Soffa Industries (NASDAQ:KLIC) is a global supplier of semiconductor and LED assembly equipment. The company specializes in the design, development and manufacture of advanced die bonding, wire bonding, flip-chip bumping and wafer-level packaging systems. Its solutions support a wide range of applications in consumer electronics, automotive, communications and other high-growth segments within the semiconductor and LED industries.

Key products include precision wire bonders for microelectronic packaging, die attach systems for chip placement, flip-chip bonders for advanced packaging architectures and LED packaging platforms that enable high-volume production of automotive and general-illumination LEDs.