William Blair Investment Management LLC bought a new position in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 192,709 shares of the semiconductor company’s stock, valued at approximately $25,777,000. William Blair Investment Management LLC owned 0.37% of Kulicke and Soffa Industries at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of KLIC. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Kulicke and Soffa Industries in the second quarter worth $28,000. Kilter Group LLC bought a new stake in Kulicke and Soffa Industries during the second quarter worth approximately $42,000. Summit Securities Group LLC acquired a new stake in Kulicke and Soffa Industries in the first quarter worth approximately $26,000. Meeder Asset Management Inc. bought a new position in Kulicke and Soffa Industries during the 4th quarter valued at $30,000. Finally, USA Financial Formulas acquired a new stake in shares of Kulicke and Soffa Industries in the first quarter valued at $44,000. 98.22% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Kulicke and Soffa Industries
In other news, SVP Nelson Munpun Wong sold 15,000 shares of the firm’s 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 sale, the senior vice president owned 71,369 shares in the company, valued at approximately $8,116,082.68. This trade represents a 17.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Lester A. Wong sold 60,000 shares of Kulicke and Soffa Industries stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $121.71, for a total value of $7,302,600.00. Following the sale, the chief executive officer directly owned 50,743 shares in the company, valued at approximately $6,175,930.53. This trade represents a 54.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 76,551 shares of company stock worth $9,179,010 over the last ninety days. Company insiders own 1.20% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Research Report on Kulicke and Soffa Industries
Kulicke and Soffa Industries Stock Performance
Kulicke and Soffa Industries stock opened at $85.75 on Friday. The company has a 50 day moving average price of $105.75 and a 200 day moving average price of $89.60. Kulicke and Soffa Industries, Inc. has a 52 week low of $35.02 and a 52 week high of $135.80. The firm has a market capitalization of $4.49 billion, a price-to-earnings ratio of 39.52 and a beta of 1.67.
Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $1.20 EPS for the quarter, topping the consensus estimate of $1.06 by $0.14. Kulicke and Soffa Industries had a net margin of 12.18% and a return on equity of 14.39%. The business had revenue of $330.41 million during the quarter, compared to analysts’ expectations of $308.50 million. During the same period last year, the company posted $0.07 earnings per share. The firm’s quarterly revenue was up 122.6% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. Equities analysts forecast 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 disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Thursday, June 18th were paid a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Thursday, June 18th. Kulicke and Soffa Industries’s payout ratio is presently 37.79%.
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.
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