Kulicke and Soffa Industries (NASDAQ:KLIC) General Counsel Zi Yao Lim Sells 1,000 Shares of Stock

Kulicke and Soffa Industries, Inc. (NASDAQ:KLICGet Free Report) General Counsel Zi Yao Lim sold 1,000 shares of Kulicke and Soffa Industries stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $45.00, for a total value of $45,000.00. Following the sale, the general counsel owned 23,714 shares in the company, valued at $1,067,130. This represents a 4.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Kulicke and Soffa Industries Trading Up 1.3%

KLIC opened at $47.60 on Thursday. The company has a market cap of $2.49 billion, a price-to-earnings ratio of -2,353.22 and a beta of 1.63. The stock has a fifty day simple moving average of $40.32 and a two-hundred day simple moving average of $37.35. Kulicke and Soffa Industries, Inc. has a 12-month low of $26.63 and a 12-month high of $52.08.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last posted its quarterly earnings data on Wednesday, November 19th. The semiconductor company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.06. Kulicke and Soffa Industries had a negative return on equity of 1.64% and a net margin of 0.03%.The company had revenue of $177.56 million during the quarter, compared to analyst estimates of $169.84 million. During the same quarter last year, the company earned $0.34 EPS. The firm’s revenue for the quarter was down 2.1% on a year-over-year basis. Kulicke and Soffa Industries has set its Q1 2026 guidance at 0.297-0.363 EPS. On average, analysts predict that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Jacobs Levy Equity Management Inc. grew its position in shares of Kulicke and Soffa Industries by 541.4% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 665,295 shares of the semiconductor company’s stock valued at $27,038,000 after acquiring an additional 561,571 shares during the period. Invesco Ltd. lifted its position in Kulicke and Soffa Industries by 188.4% during the first quarter. Invesco Ltd. now owns 681,407 shares of the semiconductor company’s stock valued at $22,473,000 after purchasing an additional 445,148 shares in the last quarter. Fort Washington Investment Advisors Inc. OH bought a new stake in Kulicke and Soffa Industries during the third quarter valued at about $17,532,000. Woodline Partners LP grew its holdings in Kulicke and Soffa Industries by 1,401.7% during the first quarter. Woodline Partners LP now owns 438,667 shares of the semiconductor company’s stock valued at $14,467,000 after purchasing an additional 409,456 shares during the period. Finally, The Manufacturers Life Insurance Company increased its position in Kulicke and Soffa Industries by 21.1% in 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 buying an additional 409,116 shares in the last quarter. 98.22% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. B. Riley reaffirmed a “neutral” rating and issued a $39.00 target price (up from $35.00) on shares of Kulicke and Soffa Industries in a report on Friday, November 21st. Weiss Ratings reissued a “hold (c-)” rating on shares of Kulicke and Soffa Industries in a report on Monday. Needham & Company LLC upped their price target on Kulicke and Soffa Industries from $40.00 to $46.00 and gave the company a “buy” rating in a report on Friday, November 21st. TD Cowen lifted their price objective on Kulicke and Soffa Industries from $36.00 to $38.00 and gave the stock a “hold” rating in a report on Thursday, August 7th. Finally, Wall Street Zen upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. One equities research 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 target price of $44.50.

Read Our Latest Research Report on Kulicke and Soffa Industries

About Kulicke and Soffa Industries

(Get Free Report)

Kulicke and Soffa Industries, Inc designs, manufactures, and sells capital equipment and tools used to assemble semiconductor devices. It operates through four segments: Ball Bonding Equipment, Wedge Bonding Equipment, Advanced Solutions, and Aftermarket Products and Services (APS). The company offers ball bonding equipment, wafer level bonding equipment, wedge bonding equipment; and advanced display, die-attach, and thermocompression systems and solutions, as well as tools, spares and services for equipment.

Further Reading

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