Kulicke and Soffa Industries, Inc. $KLIC Shares Sold by Royce & Associates LP

Royce & Associates LP cut its position in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 16.2% during the fourth quarter, Holdings Channel reports. The firm owned 941,022 shares of the semiconductor company’s stock after selling 181,644 shares during the period. Royce & Associates LP’s holdings in Kulicke and Soffa Industries were worth $42,873,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of KLIC. Jacobs Levy Equity Management Inc. increased its holdings in shares of 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 valued at $27,038,000 after purchasing an additional 561,571 shares during the period. The Manufacturers Life Insurance Company grew its holdings in 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 worth $81,241,000 after acquiring an additional 409,116 shares during the period. AQR Capital Management LLC grew its holdings in 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 worth $11,117,000 after acquiring an additional 271,868 shares during the period. Deprince Race & Zollo Inc. acquired a new stake in Kulicke and Soffa Industries during the fourth quarter worth about $10,278,000. Finally, Fort Washington Investment Advisors Inc. OH grew its holdings in Kulicke and Soffa Industries by 40.7% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 607,136 shares of the semiconductor company’s stock worth $27,661,000 after acquiring an additional 175,744 shares during the period. 98.22% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Kulicke and Soffa Industries Stock Performance

Shares of KLIC stock opened at $104.40 on Tuesday. The company has a market capitalization of $5.46 billion, a P/E ratio of 100.38 and a beta of 1.66. The business’s 50 day moving average is $81.54 and its two-hundred day moving average is $63.86. Kulicke and Soffa Industries, Inc. has a 12-month low of $31.21 and a 12-month high of $107.01.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.12. The company had revenue of $242.62 million for the quarter, compared to the consensus estimate of $228.75 million. Kulicke and Soffa Industries had a return on equity of 7.29% and a net margin of 7.16%.Kulicke and Soffa Industries’s revenue for the quarter was up 49.8% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.52) earnings per share. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. On average, research analysts predict that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Thursday, March 19th were given a dividend of $0.205 per share. The ex-dividend date was Thursday, March 19th. This represents a $0.82 dividend on an annualized basis and a yield of 0.8%. Kulicke and Soffa Industries’s dividend payout ratio is currently 78.85%.

Insiders Place Their Bets

In other Kulicke and Soffa Industries news, General Counsel Zi Yao Lim sold 1,500 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $102.98, for a total transaction of $154,470.00. Following the transaction, the general counsel owned 21,214 shares in the company, valued at approximately $2,184,617.72. This represents a 6.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director David Jeffrey Richardson sold 9,364 shares of the stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $72.19, for a total value of $675,987.16. Following the transaction, the director owned 17,694 shares in the company, valued at $1,277,329.86. This represents a 34.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 30,864 shares of company stock worth $2,830,457. 1.20% of the stock is owned by corporate insiders.

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.