Tairen Capital Ltd Purchases New Position in Kulicke and Soffa Industries, Inc. $KLIC

Tairen Capital Ltd purchased a new stake in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 62,786 shares of the semiconductor company’s stock, valued at approximately $8,398,000. Kulicke and Soffa Industries accounts for about 0.7% of Tairen Capital Ltd’s portfolio, making the stock its 24th biggest position.

Other hedge funds have also recently bought and sold shares of the company. Kingsview Wealth Management LLC acquired a new position in Kulicke and Soffa Industries in the 4th quarter valued at $3,245,000. Louisiana State Employees Retirement System acquired a new stake in shares of Kulicke and Soffa Industries during the first quarter worth $1,525,000. Vanguard Group Inc. lifted its holdings in shares of Kulicke and Soffa Industries by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 3,513,023 shares of the semiconductor company’s stock worth $160,053,000 after buying an additional 20,535 shares in the last quarter. Nano Cap New Millennium Growth Fund L P bought a new stake in shares of Kulicke and Soffa Industries in the fourth quarter valued at about $911,000. Finally, Hsbc Holdings PLC bought a new stake in shares of Kulicke and Soffa Industries in the fourth quarter valued at about $535,000. 98.22% of the stock is currently owned by institutional investors and hedge funds.

Kulicke and Soffa Industries Price Performance

Kulicke and Soffa Industries stock opened at $85.75 on Monday. The firm has a market cap of $4.49 billion, a PE ratio of 39.52 and a beta of 1.67. The stock’s fifty day moving average price is $105.75 and its two-hundred day moving average price is $89.82. Kulicke and Soffa Industries, Inc. has a one year low of $35.02 and a one year high of $135.80.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its earnings results on Wednesday, August 5th. The semiconductor company reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.06 by $0.14. The firm had revenue of $330.41 million during the quarter, compared to the consensus estimate of $308.50 million. Kulicke and Soffa Industries had a return on equity of 14.39% and a net margin of 12.18%.The company’s revenue was up 122.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.07 EPS. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. Sell-side analysts expect that Kulicke and Soffa Industries, Inc. will post 3.38 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Thursday, June 18th were paid a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, June 18th. Kulicke and Soffa Industries’s payout ratio is 37.79%.

Insider Buying and Selling

In other Kulicke and Soffa Industries news, Director Peter T. M. Kong sold 1,551 shares of Kulicke and Soffa Industries stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $110.00, for a total value of $170,610.00. Following the transaction, the director owned 100,009 shares in the company, valued at $11,000,990. The trade was a 1.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Lester A. Wong sold 60,000 shares of the business’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $121.71, for a total transaction 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. The trade was a 54.18% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 76,551 shares of company stock valued at $9,179,010 over the last quarter. 1.20% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Needham & Company LLC upped their price target on shares of Kulicke and Soffa Industries from $105.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Zacks Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 11th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Kulicke and Soffa Industries in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $69.67.

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.