Globeflex Capital L P Purchases Shares of 88,998 Kulicke and Soffa Industries, Inc. $KLIC

Globeflex Capital L P acquired a new stake in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 88,998 shares of the semiconductor company’s stock, valued at approximately $11,904,000. Kulicke and Soffa Industries accounts for approximately 1.5% of Globeflex Capital L P’s investment portfolio, making the stock its 9th largest position. Globeflex Capital L P owned approximately 0.17% of Kulicke and Soffa Industries at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Kulicke and Soffa Industries in the 2nd quarter worth approximately $28,000. Kilter Group LLC acquired a new stake in Kulicke and Soffa Industries during the 2nd quarter valued at approximately $42,000. Summit Securities Group LLC acquired a new stake in Kulicke and Soffa Industries during the 1st quarter valued at approximately $26,000. Meeder Asset Management Inc. purchased a new stake in shares of Kulicke and Soffa Industries in the 4th quarter valued at $30,000. Finally, USA Financial Formulas purchased a new stake in shares of Kulicke and Soffa Industries in the 1st quarter valued at $44,000. Institutional investors and hedge funds own 98.22% of the company’s stock.

Wall Street Analyst Weigh In

KLIC has been the topic of a number of research reports. Zacks Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 11th. Needham & Company LLC upped their price target on shares of Kulicke and Soffa Industries from $105.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Kulicke and Soffa Industries in a research report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $69.67.

Kulicke and Soffa Industries Stock Performance

Shares of NASDAQ:KLIC opened at $85.75 on Monday. Kulicke and Soffa Industries, Inc. has a 12-month low of $35.02 and a 12-month high of $135.80. The business has a 50 day moving average of $105.75 and a two-hundred day moving average of $89.82. The company has a market capitalization of $4.49 billion, a PE ratio of 39.52 and a beta of 1.67.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.06 by $0.14. The business had revenue of $330.41 million for the quarter, compared to analysts’ expectations of $308.50 million. Kulicke and Soffa Industries had a net margin of 12.18% and a return on equity of 14.39%. The business’s revenue was up 122.6% on a year-over-year basis. During the same quarter last year, the company earned $0.07 EPS. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. Equities research analysts predict that Kulicke and Soffa Industries, Inc. will post 3.38 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Thursday, June 18th were given a dividend of $0.205 per share. This represents a $0.82 annualized dividend and a yield of 1.0%. The ex-dividend date was Thursday, June 18th. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is currently 37.79%.

Insider Activity at Kulicke and Soffa Industries

In other Kulicke and Soffa Industries news, SVP Nelson Munpun Wong sold 15,000 shares of Kulicke and Soffa Industries stock in a transaction on Friday, June 12th. The shares were sold at an average price of $113.72, for a total value of $1,705,800.00. Following the completion of the transaction, the senior vice president owned 71,369 shares of the company’s stock, valued at approximately $8,116,082.68. The trade was a 17.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Peter T. M. Kong sold 1,551 shares of the company’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $110.00, for a total transaction of $170,610.00. Following the completion of the transaction, the director owned 100,009 shares of the company’s stock, valued at approximately $11,000,990. This trade represents a 1.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 76,551 shares of company stock worth $9,179,010. 1.20% of the stock is owned by company insiders.

Kulicke and Soffa Industries 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.