Key Points
- Kulicke and Soffa Industries General Counsel Zi Yao Lim sold 1,500 shares on May 11 at an average price of $102.98, for proceeds of about $154,470. After the sale, Lim still held 21,214 shares, a 6.6% decrease in the position.
- The semiconductor equipment maker recently reported better-than-expected quarterly results, posting EPS of $0.79 versus estimates of $0.67 on revenue of $242.62 million, up 49.8% from a year earlier.
- Analysts have turned more positive on the stock, with recent upgrades contributing to a Moderate Buy consensus and a $59.25 average price target, while institutional investors remain heavily involved with 98.22% of shares owned by funds and other large holders.
Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - Get 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 transaction, the general counsel directly owned 21,214 shares of the company's stock, valued at $2,184,617.72. This represents a 6.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Kulicke and Soffa Industries Stock Performance
Shares of KLIC opened at $98.00 on Wednesday. The company has a market capitalization of $5.13 billion, a P/E ratio of 94.23 and a beta of 1.66. Kulicke and Soffa Industries, Inc. has a one year low of $31.21 and a one year high of $107.01. The stock has a 50-day moving average price of $74.95 and a 200 day moving average price of $59.93.
Kulicke and Soffa Industries (NASDAQ:KLIC - Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 EPS for the quarter, beating analysts' consensus estimates of $0.67 by $0.12. The firm had revenue of $242.62 million during the quarter, compared to the consensus estimate of $228.75 million. Kulicke and Soffa Industries had a return on equity of 7.29% and a net margin of 7.16%.Kulicke and Soffa Industries's revenue for the quarter was up 49.8% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.52) earnings per share. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. As a group, equities research analysts forecast that Kulicke and Soffa Industries, Inc. will post 2.61 earnings per share for the current fiscal year.
Kulicke and Soffa Industries Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Thursday, March 19th were paid a dividend of $0.205 per share. The ex-dividend date was Thursday, March 19th. This represents a $0.82 annualized dividend and a yield of 0.8%. Kulicke and Soffa Industries's dividend payout ratio is presently 78.85%.
Institutional Trading of Kulicke and Soffa Industries
Several large investors have recently added to or reduced their stakes in KLIC. Invesco Ltd. increased its position 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 valued at $34,945,000 after acquiring an additional 595,753 shares during the period. Jacobs Levy Equity Management Inc. increased its position 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 valued at $27,038,000 after acquiring an additional 561,571 shares during the period. Bank of New York Mellon Corp increased its position in 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 acquiring an additional 514,983 shares during the period. The Manufacturers Life Insurance Company increased its position in 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 acquiring an additional 409,116 shares during the period. Finally, AQR Capital Management LLC increased its position in 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 acquiring an additional 271,868 shares during the period. 98.22% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several analysts have issued reports on KLIC shares. Needham & Company LLC upped their price objective 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. Weiss Ratings upgraded Kulicke and Soffa Industries from a "sell (d+)" rating to a "hold (c)" rating in a research note on Monday. Zacks Research upgraded Kulicke and Soffa Industries from a "hold" rating to a "strong-buy" rating in a research note on Monday. 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. 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 stock. According to data from MarketBeat.com, Kulicke and Soffa Industries has a consensus rating of "Moderate Buy" and a consensus target price of $59.25.
Read Our Latest Analysis on Kulicke and Soffa Industries
Kulicke and Soffa Industries Company Profile
(
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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