Kingsview Wealth Management LLC Makes New Investment in Kulicke and Soffa Industries, Inc. $KLIC

Kingsview Wealth Management LLC bought a new position in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 71,221 shares of the semiconductor company’s stock, valued at approximately $3,245,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in KLIC. Royal Bank of Canada increased its position in Kulicke and Soffa Industries by 10.0% during the 1st quarter. Royal Bank of Canada now owns 64,220 shares of the semiconductor company’s stock worth $2,118,000 after purchasing an additional 5,836 shares during the period. AQR Capital Management LLC increased its position in Kulicke and Soffa Industries by 168.8% during the 1st quarter. AQR Capital Management LLC now owns 49,445 shares of the semiconductor company’s stock worth $1,631,000 after purchasing an additional 31,048 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Kulicke and Soffa Industries by 2.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,080 shares of the semiconductor company’s stock worth $1,025,000 after purchasing an additional 877 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Kulicke and Soffa Industries by 8.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 155,842 shares of the semiconductor company’s stock worth $5,140,000 after purchasing an additional 11,522 shares during the period. Finally, Jane Street Group LLC increased its position in Kulicke and Soffa Industries by 55.7% during the 1st quarter. Jane Street Group LLC now owns 66,898 shares of the semiconductor company’s stock worth $2,206,000 after purchasing an additional 23,923 shares during the period. Institutional investors and hedge funds own 98.22% of the company’s stock.

Insider Buying and Selling

In related news, General Counsel Zi Yao Lim sold 1,500 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $102.98, for a total value of $154,470.00. Following the sale, the general counsel owned 21,214 shares of the company’s stock, valued at approximately $2,184,617.72. This represents a 6.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mui Sung Yeo sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $100.00, for a total value of $2,000,000.00. Following the completion of the sale, the director directly owned 59,197 shares in the company, valued at approximately $5,919,700. The trade was a 25.25% decrease in their position. The SEC filing for this sale provides additional information. 1.20% of the stock is currently owned by corporate insiders.

Kulicke and Soffa Industries Price Performance

KLIC opened at $101.89 on Friday. The stock has a market cap of $5.33 billion, a P/E ratio of 97.97 and a beta of 1.66. The stock’s 50 day simple moving average is $84.70 and its 200 day simple moving average is $65.54. Kulicke and Soffa Industries, Inc. has a 1-year low of $31.32 and a 1-year high of $109.88.

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

Kulicke and Soffa Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Thursday, June 18th will be paid a $0.205 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $0.82 dividend on an annualized basis and a yield of 0.8%. Kulicke and Soffa Industries’s dividend payout ratio is presently 78.85%.

Analysts Set New Price Targets

A number of research firms recently weighed in on KLIC. Needham & Company LLC upped their price target on Kulicke and Soffa Industries from $70.00 to $105.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report 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, Wall Street Zen upgraded Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Kulicke and Soffa Industries currently has a consensus rating of “Moderate Buy” and a consensus price target of $59.25.

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.