Insider Selling: Kulicke and Soffa Industries (NASDAQ:KLIC) Director Sells 1,551 Shares of Stock

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Director Peter Kong sold 1,551 shares of the stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $110.00, for a total transaction of $170,610.00. Following the transaction, the director directly owned 100,009 shares in the company, valued at approximately $11,000,990. The trade was a 1.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Kulicke and Soffa Industries Stock Performance

Shares of NASDAQ KLIC traded up $2.73 during mid-day trading on Friday, reaching $114.55. The company’s stock had a trading volume of 147,919 shares, compared to its average volume of 765,579. The stock has a 50-day moving average of $91.81 and a two-hundred day moving average of $70.00. The stock has a market capitalization of $5.99 billion, a P/E ratio of 109.85 and a beta of 1.70. Kulicke and Soffa Industries, Inc. has a 1-year low of $31.32 and a 1-year high of $115.00.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released 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 net margin of 7.16% and a return on equity of 7.29%. The firm had revenue of $242.62 million during the quarter, compared to analysts’ expectations of $228.75 million. During the same period last year, the business earned ($0.52) earnings per share. 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. Analysts predict that Kulicke and Soffa Industries, Inc. will post 2.85 EPS for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Thursday, June 18th will be paid a $0.205 dividend. The ex-dividend date is Thursday, June 18th. This represents a $0.82 dividend on an annualized basis and a yield of 0.7%. Kulicke and Soffa Industries’s payout ratio is currently 78.85%.

Analyst Ratings Changes

Several research firms have recently commented on KLIC. Needham & Company LLC raised their target price on shares of Kulicke and Soffa Industries from $70.00 to $105.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Zacks Research raised shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Finally, Weiss Ratings upgraded shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $59.25.

Institutional Investors Weigh In On Kulicke and Soffa Industries

Several hedge funds and other institutional investors have recently bought and sold shares of KLIC. Invesco Ltd. raised its position in Kulicke and Soffa Industries by 347.9% in the fourth quarter. Invesco Ltd. now owns 767,001 shares of the semiconductor company’s stock worth $34,945,000 after acquiring an additional 595,753 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its position in Kulicke and Soffa Industries by 541.4% in 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 in the last quarter. Bank of New York Mellon Corp raised its position 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 worth $60,917,000 after acquiring an additional 514,983 shares in the last quarter. The Manufacturers Life Insurance Company raised 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 acquiring an additional 409,116 shares in the last quarter. Finally, AQR Capital Management LLC raised its position in Kulicke and Soffa Industries by 549.8% in the second quarter. AQR Capital Management LLC now owns 321,313 shares of the semiconductor company’s stock worth $11,117,000 after acquiring an additional 271,868 shares in the last quarter. 98.22% of the stock is currently owned by institutional investors.

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.