Kulicke and Soffa Industries (NASDAQ:KLIC) Director Sells $170,610.00 in Stock

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Director Peter Kong sold 1,551 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $110.00, for a total transaction of $170,610.00. Following the transaction, the director owned 100,009 shares in the company, valued at $11,000,990. This represents a 1.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Kulicke and Soffa Industries Price Performance

NASDAQ KLIC opened at $113.13 on Monday. Kulicke and Soffa Industries, Inc. has a 12 month low of $31.32 and a 12 month high of $115.27. The firm has a market capitalization of $5.92 billion, a PE ratio of 108.78 and a beta of 1.69. The company’s 50 day simple moving average is $92.74 and its 200 day simple moving average is $70.50.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $242.62 million for the quarter, compared to analyst estimates of $228.75 million. During the same quarter last year, the business earned ($0.52) earnings per share. The business’s revenue for the quarter was up 49.8% on a year-over-year basis. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. Sell-side analysts anticipate that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Thursday, June 18th will be paid a dividend of $0.205 per share. This represents a $0.82 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, June 18th. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is currently 78.85%.

Wall Street Analyst Weigh In

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

Institutional Trading of Kulicke and Soffa Industries

Large investors have recently added to or reduced their stakes in the business. Summit Securities Group LLC bought a new stake in Kulicke and Soffa Industries during the first quarter worth approximately $26,000. Advisory Services Network LLC bought a new stake in Kulicke and Soffa Industries during the third quarter worth approximately $29,000. Meeder Asset Management Inc. bought a new stake in Kulicke and Soffa Industries during the fourth quarter worth approximately $30,000. Foster Dykema Cabot & Partners LLC bought a new stake in Kulicke and Soffa Industries during the third quarter worth approximately $33,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in Kulicke and Soffa Industries by 2,665.7% during the second quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock worth $33,000 after buying an additional 933 shares in the last quarter. 98.22% of the stock is currently owned by institutional investors.

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.