Entropy Technologies LP Invests $747,000 in Kulicke and Soffa Industries, Inc. $KLIC

Entropy Technologies LP bought a new stake in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLICFree Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 11,370 shares of the semiconductor company’s stock, valued at approximately $747,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in Kulicke and Soffa Industries by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 3,513,023 shares of the semiconductor company’s stock worth $160,053,000 after purchasing an additional 20,535 shares during the period. The Manufacturers Life Insurance Company boosted its position in Kulicke and Soffa Industries by 21.1% during the second quarter. The Manufacturers Life Insurance Company now owns 2,348,020 shares of the semiconductor company’s stock worth $81,241,000 after purchasing an additional 409,116 shares in the last quarter. Morgan Stanley grew its holdings in Kulicke and Soffa Industries by 6.7% in the fourth quarter. Morgan Stanley now owns 1,230,330 shares of the semiconductor company’s stock valued at $56,054,000 after purchasing an additional 77,527 shares during the period. Bank of New York Mellon Corp grew its holdings in Kulicke and Soffa Industries by 125.0% in the first quarter. Bank of New York Mellon Corp now owns 926,915 shares of the semiconductor company’s stock valued at $60,917,000 after purchasing an additional 514,983 shares during the period. Finally, Jacobs Levy Equity Management Inc. increased its position in shares of Kulicke and Soffa Industries by 22.3% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 813,669 shares of the semiconductor company’s stock valued at $37,071,000 after buying an additional 148,374 shares in the last quarter. Hedge funds and other institutional investors own 98.22% of the company’s stock.

Insider Transactions at Kulicke and Soffa Industries

In related news, General Counsel Zi Yao Lim sold 1,500 shares of the stock in a transaction 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 completion of the transaction, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Nelson Munpun Wong sold 15,000 shares of the 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 directly owned 71,369 shares of the company’s stock, valued at approximately $8,116,082.68. This represents a 17.37% 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 sold 98,051 shares of company stock valued at $11,333,480. Insiders own 1.20% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Zacks Research downgraded Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 7th. Needham & Company LLC lifted their price target 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. Finally, Weiss Ratings raised shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $59.25.

Get Our Latest Research Report on Kulicke and Soffa Industries

Kulicke and Soffa Industries Trading Down 7.4%

Shares of Kulicke and Soffa Industries stock opened at $90.93 on Wednesday. The firm has a market capitalization of $4.76 billion, a PE ratio of 87.43 and a beta of 1.62. Kulicke and Soffa Industries, Inc. has a twelve month low of $31.32 and a twelve month high of $135.80. The firm’s 50-day moving average price is $110.78 and its 200 day moving average price is $85.56.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $242.62 million for the quarter, compared to analysts’ expectations of $228.75 million. During the same period in the previous year, the firm posted ($0.52) EPS. Kulicke and Soffa Industries’s revenue was up 49.8% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. On average, sell-side analysts predict that Kulicke and Soffa Industries, Inc. will post 2.85 EPS for the current fiscal year.

Kulicke and Soffa Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Thursday, June 18th were given a $0.205 dividend. This represents a $0.82 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Thursday, June 18th. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is 78.85%.

Kulicke and Soffa Industries Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Kulicke and Soffa Industries (NASDAQ:KLIC)

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