Nelson Munpun Wong Sells 15,000 Shares of Kulicke and Soffa Industries (NASDAQ:KLIC) Stock

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) SVP Nelson Munpun Wong sold 15,000 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was 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 owned 71,369 shares in the company, valued at approximately $8,116,082.68. This represents a 17.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Kulicke and Soffa Industries Stock Performance

Shares of NASDAQ KLIC opened at $117.27 on Wednesday. The firm’s 50 day moving average price is $94.83 and its 200-day moving average price is $71.52. The company has a market cap of $6.14 billion, a PE ratio of 112.76 and a beta of 1.70. Kulicke and Soffa Industries, Inc. has a 52-week low of $31.32 and a 52-week high of $124.75.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate 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 was up 49.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.52) earnings per share. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. On average, analysts forecast that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Announces Dividend

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

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on KLIC shares. Zacks Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Needham & Company LLC increased their price objective on shares of 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, Weiss Ratings upgraded shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. One equities 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 MarketBeat.com, Kulicke and Soffa Industries currently has an average rating of “Moderate Buy” and a consensus price target of $59.25.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Invesco Ltd. raised its holdings in Kulicke and Soffa Industries by 347.9% in the 4th quarter. Invesco Ltd. now owns 767,001 shares of the semiconductor company’s stock worth $34,945,000 after purchasing an additional 595,753 shares during the period. Jacobs Levy Equity Management Inc. raised its holdings in 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 worth $27,038,000 after purchasing an additional 561,571 shares during the period. Bank of New York Mellon Corp raised its position in shares of Kulicke and Soffa Industries by 125.0% during 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 during the period. The Manufacturers Life Insurance Company raised its position in shares of Kulicke and Soffa Industries by 21.1% during 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 during the period. Finally, AQR Capital Management LLC raised its position in shares of Kulicke and Soffa Industries by 549.8% during 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 during the period. Hedge funds and other institutional investors own 98.22% of the company’s stock.

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.