Capital International Investors Reduces Stock Position in Kulicke and Soffa Industries, Inc. $KLIC

Capital International Investors lessened its position in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLICFree Report) by 27.0% during the 4th quarter, Holdings Channel reports. The firm owned 1,744,923 shares of the semiconductor company’s stock after selling 645,349 shares during the quarter. Capital International Investors’ holdings in Kulicke and Soffa Industries were worth $79,499,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Advisory Services Network LLC purchased a new stake in Kulicke and Soffa Industries in the third quarter valued at approximately $29,000. Salomon & Ludwin LLC boosted its position in Kulicke and Soffa Industries by 48.4% in the fourth quarter. Salomon & Ludwin LLC now owns 779 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 254 shares during the last quarter. Foster Dykema Cabot & Partners LLC purchased a new stake in Kulicke and Soffa Industries in the third quarter valued at approximately $33,000. EverSource Wealth Advisors LLC boosted its position in 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 valued at $33,000 after buying an additional 933 shares during the last quarter. Finally, Cullen Frost Bankers Inc. purchased a new stake in Kulicke and Soffa Industries in the fourth quarter valued at approximately $48,000. Hedge funds and other institutional investors own 98.22% of the company’s stock.

Analyst Ratings Changes

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

Get Our Latest Analysis on Kulicke and Soffa Industries

Insider Buying and Selling

In other Kulicke and Soffa Industries news, General Counsel Zi Yao Lim sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $102.98, for a total value of $154,470.00. Following the completion of the transaction, the general counsel directly owned 21,214 shares of the company’s stock, valued at approximately $2,184,617.72. The trade was a 6.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Mui Sung Yeo sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $100.00, for a total value of $2,000,000.00. Following the completion of the sale, the director owned 59,197 shares of the company’s stock, valued at $5,919,700. This trade represents a 25.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 1.20% of the company’s stock.

Kulicke and Soffa Industries Trading Up 4.4%

Shares of NASDAQ:KLIC opened at $102.50 on Tuesday. Kulicke and Soffa Industries, Inc. has a 12-month low of $31.32 and a 12-month high of $110.78. The company has a market capitalization of $5.36 billion, a PE ratio of 98.56 and a beta of 1.69. The business has a 50 day moving average of $89.32 and a two-hundred day moving average of $68.58.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last announced 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 during the quarter, compared to the consensus estimate of $228.75 million. During the same period in the previous year, the company posted ($0.52) earnings per share. Kulicke and Soffa Industries’s revenue for the quarter was up 49.8% on a year-over-year basis. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. Equities 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 business also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Thursday, June 18th will be issued a $0.205 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $0.82 dividend on an annualized basis and a yield of 0.8%. Kulicke and Soffa Industries’s payout ratio is presently 78.85%.

Kulicke and Soffa Industries Profile

(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.

Read More

Want to see what other hedge funds are holding KLIC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kulicke and Soffa Industries, Inc. (NASDAQ:KLICFree Report).

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

Receive News & Ratings for Kulicke and Soffa Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kulicke and Soffa Industries and related companies with MarketBeat.com's FREE daily email newsletter.