David Jeffrey Richardson Sells 9,364 Shares of Kulicke and Soffa Industries (NASDAQ:KLIC) Stock

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Director David Jeffrey Richardson sold 9,364 shares of the firm’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $72.19, for a total value of $675,987.16. Following the completion of the transaction, the director owned 17,694 shares of the company’s stock, valued at approximately $1,277,329.86. This represents a 34.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Kulicke and Soffa Industries Trading Down 1.4%

Shares of NASDAQ KLIC opened at $69.72 on Friday. The stock has a market cap of $3.65 billion, a price-to-earnings ratio of -57.62 and a beta of 1.67. Kulicke and Soffa Industries, Inc. has a 52 week low of $26.63 and a 52 week high of $77.50. The company’s 50-day moving average price is $59.58 and its 200 day moving average price is $47.28.

Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its earnings results on Wednesday, February 4th. The semiconductor company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.11. Kulicke and Soffa Industries had a negative net margin of 9.40% and a negative return on equity of 1.13%. The company had revenue of $199.63 million during the quarter, compared to analysts’ expectations of $190.03 million. During the same quarter in the previous year, the business posted $0.37 earnings per share. The firm’s quarterly revenue was up 20.2% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. As a group, research analysts expect that Kulicke and Soffa Industries, Inc. will post 0.93 earnings per share for the current year.

Kulicke and Soffa Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Thursday, December 18th were paid a $0.205 dividend. The ex-dividend date of this dividend was Thursday, December 18th. This represents a $0.82 dividend on an annualized basis and a yield of 1.2%. Kulicke and Soffa Industries’s dividend payout ratio is presently -67.77%.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Zacks Research raised Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. Needham & Company LLC increased their price objective on Kulicke and Soffa Industries from $64.00 to $70.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. B. Riley Financial reissued a “neutral” rating and issued a $39.00 target price (up from $35.00) on shares of Kulicke and Soffa Industries in a research note on Friday, November 21st. Weiss Ratings lowered shares of Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, February 6th. Finally, Wall Street Zen upgraded shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Kulicke and Soffa Industries has an average rating of “Moderate Buy” and an average target price of $50.50.

Institutional Trading of Kulicke and Soffa Industries

A number of hedge funds have recently added to or reduced their stakes in the business. CIBC Asset Management Inc grew its holdings in Kulicke and Soffa Industries by 3.4% in the 4th quarter. CIBC Asset Management Inc now owns 5,231 shares of the semiconductor company’s stock valued at $238,000 after buying an additional 171 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of Kulicke and Soffa Industries by 2.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,556 shares of the semiconductor company’s stock worth $344,000 after acquiring an additional 172 shares during the last quarter. Pallas Capital Advisors LLC grew its holdings in Kulicke and Soffa Industries by 2.6% in the fourth quarter. Pallas Capital Advisors LLC now owns 7,368 shares of the semiconductor company’s stock valued at $336,000 after purchasing an additional 190 shares during the period. ProShare Advisors LLC increased its position in Kulicke and Soffa Industries by 2.0% during the fourth quarter. ProShare Advisors LLC now owns 9,926 shares of the semiconductor company’s stock worth $452,000 after purchasing an additional 198 shares during the last quarter. Finally, HighTower Advisors LLC increased its position in Kulicke and Soffa Industries by 3.0% during the fourth quarter. HighTower Advisors LLC now owns 6,929 shares of the semiconductor company’s stock worth $316,000 after purchasing an additional 205 shares during the last quarter. 98.22% of the stock is owned by institutional investors and hedge funds.

About Kulicke and Soffa Industries

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.