Kulicke and Soffa Industries (NASDAQ:KLIC) Trading Down 4.1% – Here’s Why

Shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) traded down 4.1% during trading on Thursday . The stock traded as low as $125.56 and last traded at $128.3730. Approximately 93,461 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 852,822 shares. The stock had previously closed at $133.81.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on KLIC shares. 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. Needham & Company LLC increased their price objective 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, Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report 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’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $59.25.

Kulicke and Soffa Industries Price Performance

The stock’s 50 day moving average is $107.20 and its two-hundred day moving average is $78.45. The stock has a market capitalization of $6.35 billion, a PE ratio of 116.66 and a beta of 1.62.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $228.75 million. During the same quarter last year, the company earned ($0.52) earnings per share. The firm’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. On average, equities analysts predict that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share for the current year.

Kulicke and Soffa Industries Dividend Announcement

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

Insiders Place Their Bets

In other news, CEO Lester A. Wong sold 60,000 shares of Kulicke and Soffa Industries stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $121.71, for a total transaction of $7,302,600.00. Following the completion of the sale, the chief executive officer directly owned 50,743 shares of the company’s stock, valued at approximately $6,175,930.53. The trade was a 54.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Peter T. M. Kong sold 1,551 shares of the business’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $110.00, for a total transaction of $170,610.00. Following the transaction, the director owned 100,009 shares of the company’s stock, valued at approximately $11,000,990. The trade was a 1.53% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 98,051 shares of company stock worth $11,333,480. 1.20% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in KLIC. Royal Bank of Canada raised its position in shares of Kulicke and Soffa Industries by 10.0% during the 1st quarter. Royal Bank of Canada now owns 64,220 shares of the semiconductor company’s stock worth $2,118,000 after acquiring an additional 5,836 shares in the last quarter. AQR Capital Management LLC boosted its holdings in Kulicke and Soffa Industries by 168.8% in the first quarter. AQR Capital Management LLC now owns 49,445 shares of the semiconductor company’s stock valued at $1,631,000 after purchasing an additional 31,048 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Kulicke and Soffa Industries by 2.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,080 shares of the semiconductor company’s stock valued at $1,025,000 after purchasing an additional 877 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Kulicke and Soffa Industries by 8.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 155,842 shares of the semiconductor company’s stock valued at $5,140,000 after purchasing an additional 11,522 shares during the last quarter. Finally, Jane Street Group LLC increased its stake in Kulicke and Soffa Industries by 55.7% in the first quarter. Jane Street Group LLC now owns 66,898 shares of the semiconductor company’s stock valued at $2,206,000 after purchasing an additional 23,923 shares during the last quarter. 98.22% of the stock is owned by institutional investors and hedge funds.

Kulicke and Soffa Industries Company Profile

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.