Zi Yao Lim Sells 1,500 Shares of Kulicke and Soffa Industries (NASDAQ:KLIC) Stock

Kulicke and Soffa Industries, Inc. (NASDAQ:KLICGet Free Report) 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 value of $154,470.00. Following the completion of 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Kulicke and Soffa Industries Stock Performance

KLIC stock traded down $6.28 during mid-day trading on Tuesday, reaching $98.00. The company had a trading volume of 970,039 shares, compared to its average volume of 805,254. The company has a market capitalization of $5.13 billion, a price-to-earnings ratio of 94.23 and a beta of 1.66. The firm has a fifty day simple moving average of $74.95 and a 200 day simple moving average of $59.93. Kulicke and Soffa Industries, Inc. has a fifty-two week low of $31.21 and a fifty-two week high of $107.01.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last posted 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 for the quarter, compared to analyst estimates of $228.75 million. During the same quarter last year, the company earned ($0.52) EPS. Kulicke and Soffa Industries’s revenue for the quarter 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. As a group, analysts predict that Kulicke and Soffa Industries, Inc. will post 2.61 earnings per share for the current year.

Kulicke and Soffa Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders of record on Thursday, March 19th were issued a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, March 19th. Kulicke and Soffa Industries’s payout ratio is presently 78.85%.

Institutional Investors Weigh In On Kulicke and Soffa Industries

Institutional investors have recently added to or reduced their stakes in the company. Summit Securities Group LLC purchased a new stake in Kulicke and Soffa Industries during the first quarter valued at about $26,000. Advisory Services Network LLC purchased a new stake in shares of Kulicke and Soffa Industries in the third quarter worth about $29,000. Meeder Asset Management Inc. purchased a new stake in shares of Kulicke and Soffa Industries in the fourth quarter worth about $30,000. Foster Dykema Cabot & Partners LLC purchased a new stake in shares of Kulicke and Soffa Industries in the third quarter worth about $33,000. Finally, EverSource Wealth Advisors LLC boosted its position in shares of 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 worth $33,000 after buying an additional 933 shares during the period. Hedge funds and other institutional investors own 98.22% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on KLIC. Zacks Research cut shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. Weiss Ratings upgraded Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday. Needham & Company LLC lifted their target price 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, Wall Street Zen upgraded Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Two research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $59.25.

View Our Latest Stock Report on Kulicke and Soffa Industries

About Kulicke and Soffa Industries

(Get 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.

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