Kulicke and Soffa Industries (NASDAQ:KLIC) Sets New 1-Year High – Here’s What Happened

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) shares reached a new 52-week high on Tuesday . The company traded as high as $133.84 and last traded at $133.3460, with a volume of 727381 shares traded. The stock had previously closed at $129.12.

Wall Street Analyst Weigh In

A number of research firms have issued reports on KLIC. Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Weiss Ratings upgraded Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Finally, Needham & Company LLC increased their price target 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 assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Kulicke and Soffa Industries has a consensus rating of “Moderate Buy” and a consensus target price of $59.25.

Kulicke and Soffa Industries Trading Down 10.2%

The firm has a market capitalization of $6.29 billion, a P/E ratio of 115.38 and a beta of 1.62. The stock’s 50-day simple moving average is $105.73 and its 200-day simple moving average is $77.64.

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

Kulicke and Soffa Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Thursday, June 18th will be given a $0.205 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $0.82 annualized dividend and a yield of 0.7%. Kulicke and Soffa Industries’s payout ratio is currently 78.85%.

Insider Transactions at Kulicke and Soffa Industries

In other Kulicke and Soffa Industries news, Director Mui Sung Yeo sold 20,000 shares of the company’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $100.00, for a total value of $2,000,000.00. Following the completion of the transaction, the director owned 59,197 shares in the company, valued at $5,919,700. This represents a 25.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, General Counsel Zi Yao Lim sold 1,500 shares of the firm’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $102.98, for a total value of $154,470.00. Following the sale, the general counsel directly owned 21,214 shares of the company’s stock, valued at approximately $2,184,617.72. This represents a 6.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 98,051 shares of company stock worth $11,333,480. Company insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Summit Securities Group LLC purchased a new stake in shares of Kulicke and Soffa Industries during the 1st quarter worth approximately $26,000. Meeder Asset Management Inc. bought a new position in Kulicke and Soffa Industries during the fourth quarter valued at $30,000. Advisory Services Network LLC bought a new position in Kulicke and Soffa Industries during the third quarter valued at $29,000. Salomon & Ludwin LLC increased its position in Kulicke and Soffa Industries by 48.4% in the fourth quarter. Salomon & Ludwin LLC now owns 779 shares of the semiconductor company’s stock worth $35,000 after buying an additional 254 shares during the last quarter. Finally, Foster Dykema Cabot & Partners LLC purchased a new stake in Kulicke and Soffa Industries in the third quarter worth $33,000. 98.22% of the stock is currently owned by hedge funds and other 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.