Kulicke and Soffa Industries (NASDAQ:KLIC) Stock Price Up 6.7% – Should You Buy?

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) shot up 6.7% during mid-day trading on Tuesday . The stock traded as high as $123.69 and last traded at $123.1540. 500,927 shares were traded during trading, a decline of 35% from the average session volume of 768,571 shares. The stock had previously closed at $115.43.

Analyst Upgrades and Downgrades

Several research firms have issued reports on KLIC. Needham & Company LLC upped their price target on shares of Kulicke and Soffa Industries from $70.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. 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. Finally, Zacks Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note 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 assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $59.25.

Kulicke and Soffa Industries Stock Down 0.6%

The stock has a market capitalization of $6.10 billion, a price-to-earnings ratio of 112.03 and a beta of 1.70. The business’s 50 day simple moving average is $95.83 and its 200-day simple moving average is $72.02.

Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its quarterly earnings data 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 firm had revenue of $242.62 million for the quarter, compared to the consensus estimate of $228.75 million. Kulicke and Soffa Industries had a net margin of 7.16% and a return on equity of 7.29%. The business’s revenue for the quarter was up 49.8% on a year-over-year basis. During the same period in the prior year, the company posted ($0.52) earnings per share. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. On average, analysts expect that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share for the current year.

Kulicke and Soffa Industries Announces Dividend

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

Insider Activity

In other Kulicke and Soffa Industries news, 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 transaction of $154,470.00. Following 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Peter T. M. Kong sold 1,551 shares of the 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 sale, the director owned 100,009 shares in the company, valued at $11,000,990. The trade was a 1.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 38,051 shares of company stock valued at $4,030,880. Corporate insiders own 1.20% of the company’s stock.

Institutional Investors Weigh In On Kulicke and Soffa Industries

A number of large investors have recently bought and sold shares of KLIC. Invesco Ltd. boosted its stake in shares of Kulicke and Soffa Industries by 347.9% in the 4th quarter. Invesco Ltd. now owns 767,001 shares of the semiconductor company’s stock valued at $34,945,000 after purchasing an additional 595,753 shares in the last quarter. Jacobs Levy Equity Management Inc. boosted its stake in shares of Kulicke and Soffa Industries by 541.4% in the 3rd 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 in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Kulicke and Soffa Industries by 125.0% in the 1st quarter. Bank of New York Mellon Corp now owns 926,915 shares of the semiconductor company’s stock valued at $60,917,000 after purchasing an additional 514,983 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of Kulicke and Soffa Industries by 21.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,348,020 shares of the semiconductor company’s stock valued at $81,241,000 after purchasing an additional 409,116 shares in the last quarter. Finally, AQR Capital Management LLC boosted its stake in shares of Kulicke and Soffa Industries by 549.8% in the 2nd quarter. AQR Capital Management LLC now owns 321,313 shares of the semiconductor company’s stock valued at $11,117,000 after purchasing an additional 271,868 shares in the last quarter. 98.22% of the stock is currently 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.