Key Points
- Director Peter Kong sold 1,551 shares of Kulicke and Soffa Industries (NASDAQ:KLIC) at an average price of $110, totaling about $170,610. After the transaction, he still held 100,009 shares, reducing his ownership by 1.53%.
- The company recently reported strong quarterly results, with earnings of $0.79 per share versus estimates of $0.67 and revenue of $242.62 million, up 49.8% from a year earlier. Kulicke and Soffa also issued Q3 2026 guidance calling for at least breakeven EPS.
- KLIC declared a quarterly dividend of $0.205 per share, payable July 8 to shareholders of record on June 18. The annualized dividend is $0.82 per share, yielding about 0.7%.
Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - Get Free Report) Director Peter Kong sold 1,551 shares of the firm's stock in a transaction dated Thursday, June 11th. The shares were 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 of the company's stock, valued at approximately $11,000,990. This represents a 1.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Kulicke and Soffa Industries Stock Performance
NASDAQ:KLIC opened at $113.13 on Friday. The firm has a market cap of $5.92 billion, a P/E ratio of 108.78 and a beta of 1.70. Kulicke and Soffa Industries, Inc. has a fifty-two week low of $31.32 and a fifty-two week high of $115.27. The firm has a 50-day simple moving average of $92.74 and a two-hundred day simple moving average of $70.30.
Kulicke and Soffa Industries (NASDAQ:KLIC - Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share for the quarter, beating analysts' consensus estimates of $0.67 by $0.12. The business had revenue of $242.62 million during the quarter, compared to analyst estimates of $228.75 million. Kulicke and Soffa Industries had a net margin of 7.16% and a return on equity of 7.29%. Kulicke and Soffa Industries's revenue was up 49.8% compared to the same quarter last year. During the same period last year, the business earned ($0.52) EPS. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. On average, equities research analysts predict that Kulicke and Soffa Industries, Inc. will post 2.85 EPS for the current year.
Kulicke and Soffa Industries Dividend Announcement
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 (DPR) is currently 78.85%.
Wall Street Analyst Weigh In
KLIC has been the subject of a number of analyst reports. Needham & Company LLC raised 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 note on Thursday, May 7th. Zacks Research raised shares of Kulicke and Soffa Industries from a "hold" rating to a "strong-buy" rating in a report on Monday, May 11th. Finally, Weiss Ratings raised shares of Kulicke and Soffa Industries from a "sell (d+)" rating to a "hold (c)" rating in a 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 assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $59.25.
Read Our Latest Stock Report on KLIC
Institutional Trading of Kulicke and Soffa Industries
A number of institutional investors have recently made changes to their positions in KLIC. Royal Bank of Canada boosted its holdings in shares of Kulicke and Soffa Industries by 10.0% during the 1st quarter. Royal Bank of Canada now owns 64,220 shares of the semiconductor company's stock valued at $2,118,000 after acquiring an additional 5,836 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Kulicke and Soffa Industries by 168.8% during the 1st quarter. AQR Capital Management LLC now owns 49,445 shares of the semiconductor company's stock valued at $1,631,000 after acquiring an additional 31,048 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Kulicke and Soffa Industries by 2.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,080 shares of the semiconductor company's stock worth $1,025,000 after buying an additional 877 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Kulicke and Soffa Industries by 8.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 155,842 shares of the semiconductor company's stock worth $5,140,000 after buying an additional 11,522 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in shares of Kulicke and Soffa Industries by 55.7% in the first quarter. Jane Street Group LLC now owns 66,898 shares of the semiconductor company's stock worth $2,206,000 after buying an additional 23,923 shares during the last quarter. Hedge funds and other institutional investors own 98.22% of the company's stock.
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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