Wasatch Advisors LP Has $12.32 Million Position in Kulicke and Soffa Industries, Inc. $KLIC

Wasatch Advisors LP lessened its stake in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 30.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 187,449 shares of the semiconductor company’s stock after selling 83,792 shares during the period. Wasatch Advisors LP’s holdings in Kulicke and Soffa Industries were worth $12,319,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Invesco Ltd. boosted its position in Kulicke and Soffa Industries by 347.9% in the 4th quarter. Invesco Ltd. now owns 767,001 shares of the semiconductor company’s stock valued at $34,945,000 after buying an additional 595,753 shares during the last quarter. Jacobs Levy Equity Management Inc. raised its position in shares of Kulicke and Soffa Industries by 541.4% during the third quarter. Jacobs Levy Equity Management Inc. now owns 665,295 shares of the semiconductor company’s stock worth $27,038,000 after acquiring an additional 561,571 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of 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 valued at $81,241,000 after acquiring an additional 409,116 shares during the period. AQR Capital Management LLC lifted its stake in shares of Kulicke and Soffa Industries by 549.8% during the second quarter. AQR Capital Management LLC now owns 321,313 shares of the semiconductor company’s stock valued at $11,117,000 after acquiring an additional 271,868 shares during the period. Finally, Deprince Race & Zollo Inc. bought a new position in Kulicke and Soffa Industries in the fourth quarter valued at about $10,278,000. Institutional investors and hedge funds own 98.22% of the company’s stock.

Analysts Set New Price Targets

KLIC has been the subject of a number of research reports. Needham & Company LLC lifted their price objective on Kulicke and Soffa Industries from $70.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. 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. Finally, Zacks Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $59.25.

Insider Buying and Selling

In other news, General Counsel Zi Yao Lim sold 1,500 shares of the company’s stock in a transaction dated 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 sale, the general counsel directly owned 21,214 shares of the company’s stock, valued at $2,184,617.72. This represents a 6.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Nelson Munpun Wong sold 15,000 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $113.72, for a total transaction of $1,705,800.00. Following the completion of the sale, the senior vice president owned 71,369 shares in the company, valued at $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. Insiders sold a total of 98,051 shares of company stock worth $11,333,480 over the last quarter. Insiders own 1.20% of the company’s stock.

Kulicke and Soffa Industries Stock Down 4.8%

KLIC stock opened at $125.22 on Friday. The business’s fifty day moving average is $102.69 and its 200-day moving average is $75.69. The company has a market cap of $6.55 billion, a P/E ratio of 120.40 and a beta of 1.70. Kulicke and Soffa Industries, Inc. has a twelve month low of $31.32 and a twelve month high of $133.41.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its quarterly earnings results 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 business had revenue of $242.62 million for the quarter, compared to analyst estimates of $228.75 million. During the same period last year, the company earned ($0.52) EPS. The firm’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 anticipate that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share 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. Stockholders of record on Thursday, June 18th will be given a dividend of $0.205 per share. This represents a $0.82 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Thursday, June 18th. Kulicke and Soffa Industries’s payout ratio is presently 78.85%.

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.