Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Get Free Report) General Counsel Zi Yao Lim sold 1,500 shares of the stock in a transaction dated Monday, May 11th. The shares were 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 in the company, valued at $2,184,617.72. This represents a 6.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Kulicke and Soffa Industries Stock Performance
KLIC stock traded down $6.28 during mid-day trading on Tuesday, reaching $98.00. The company had a trading volume of 970,039 shares, compared to its average volume of 805,254. The company has a market capitalization of $5.13 billion, a price-to-earnings ratio of 94.23 and a beta of 1.66. The firm has a fifty day simple moving average of $74.95 and a 200 day simple moving average of $59.93. Kulicke and Soffa Industries, Inc. has a fifty-two week low of $31.21 and a fifty-two week high of $107.01.
Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $242.62 million for the quarter, compared to analyst estimates of $228.75 million. During the same quarter last year, the company earned ($0.52) EPS. Kulicke and Soffa Industries’s revenue for the quarter 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. As a group, analysts predict that Kulicke and Soffa Industries, Inc. will post 2.61 earnings per share for the current year.
Kulicke and Soffa Industries Dividend Announcement
Institutional Investors Weigh In On Kulicke and Soffa Industries
Institutional investors have recently added to or reduced their stakes in the company. Summit Securities Group LLC purchased a new stake in Kulicke and Soffa Industries during the first quarter valued at about $26,000. Advisory Services Network LLC purchased a new stake in shares of Kulicke and Soffa Industries in the third quarter worth about $29,000. Meeder Asset Management Inc. purchased a new stake in shares of Kulicke and Soffa Industries in the fourth quarter worth about $30,000. Foster Dykema Cabot & Partners LLC purchased a new stake in shares of Kulicke and Soffa Industries in the third quarter worth about $33,000. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Kulicke and Soffa Industries by 2,665.7% in the second quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock worth $33,000 after buying an additional 933 shares during the period. Hedge funds and other institutional investors own 98.22% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on KLIC. Zacks Research cut shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. Weiss Ratings upgraded Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday. Needham & Company LLC lifted their target price on Kulicke and Soffa Industries from $70.00 to $105.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Finally, Wall Street Zen upgraded Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Two research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $59.25.
View Our Latest Stock Report on Kulicke and Soffa Industries
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.
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