NFJ Investment Group LLC Invests $3.51 Million in Kulicke and Soffa Industries, Inc. $KLIC

NFJ Investment Group LLC acquired a new stake in Kulicke and Soffa Industries, Inc. (NASDAQ:KLICFree Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 26,242 shares of the semiconductor company’s stock, valued at approximately $3,510,000. NFJ Investment Group LLC owned about 0.05% of Kulicke and Soffa Industries at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Summit Securities Group LLC acquired a new position in Kulicke and Soffa Industries in the 1st quarter valued at $26,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in Kulicke and Soffa Industries in the second quarter valued at $28,000. Advisory Services Network LLC purchased a new position in Kulicke and Soffa Industries during the third quarter worth about $29,000. Meeder Asset Management Inc. acquired a new stake in Kulicke and Soffa Industries in the 4th quarter worth about $30,000. Finally, EverSource Wealth Advisors LLC grew its holdings in Kulicke and Soffa Industries by 2,665.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 933 shares during the period. Institutional investors and hedge funds own 98.22% of the company’s stock.

Insider Buying and Selling at Kulicke and Soffa Industries

In other Kulicke and Soffa Industries news, SVP Nelson Munpun Wong sold 15,000 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $113.72, for a total transaction of $1,705,800.00. Following the completion of the transaction, the senior vice president directly owned 71,369 shares of the company’s stock, valued at $8,116,082.68. The trade was a 17.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Peter T. M. Kong sold 1,551 shares of the company’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $110.00, for a total transaction of $170,610.00. Following the completion of the transaction, the director owned 100,009 shares of the company’s stock, valued at approximately $11,000,990. This trade represents a 1.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 76,551 shares of company stock valued at $9,179,010 in the last ninety days. Company insiders own 1.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Zacks Research raised shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 11th. Weiss Ratings restated a “hold (c)” rating on shares of Kulicke and Soffa Industries in a research note on Friday, August 7th. Finally, Needham & Company LLC boosted their price target on Kulicke and Soffa Industries from $105.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Kulicke and Soffa Industries has an average rating of “Moderate Buy” and an average price target of $69.67.

Read Our Latest Stock Report on Kulicke and Soffa Industries

Kulicke and Soffa Industries Price Performance

KLIC stock opened at $85.13 on Friday. Kulicke and Soffa Industries, Inc. has a 1-year low of $35.02 and a 1-year high of $135.80. The firm has a fifty day moving average price of $106.30 and a two-hundred day moving average price of $89.63. The firm has a market cap of $4.45 billion, a price-to-earnings ratio of 39.23 and a beta of 1.67.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.06 by $0.14. Kulicke and Soffa Industries had a net margin of 12.18% and a return on equity of 14.39%. The company had revenue of $330.41 million for the quarter, compared to the consensus estimate of $308.50 million. During the same period last year, the firm posted $0.07 EPS. The company’s revenue for the quarter was up 122.6% on a year-over-year basis. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. As a group, analysts expect that Kulicke and Soffa Industries, Inc. will post 3.38 EPS for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Thursday, June 18th were given a $0.205 dividend. The ex-dividend date was Thursday, June 18th. This represents a $0.82 annualized dividend and a yield of 1.0%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is currently 37.79%.

About Kulicke and Soffa Industries

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Kulicke and Soffa Industries (NASDAQ:KLIC)

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