Key Points
- CEO Lester Wong sold 60,000 shares of Kulicke and Soffa Industries on June 18 at an average price of $121.71, for a total of about $7.3 million. After the sale, he still held 50,743 shares.
- The company recently posted strong quarterly results, reporting EPS of $0.79 versus estimates of $0.67 and revenue of $242.62 million, up 49.8% from a year earlier. It also raised/issued guidance for Q3 2026 at $1.00 EPS.
- KLIC announced a quarterly dividend of $0.205 per share, payable July 8, which annualizes to $0.82 and a yield of 0.7%. Institutional ownership remains very high at 98.22% of shares.
Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - Get Free Report) CEO Lester Wong sold 60,000 shares of the company's stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $121.71, for a total value of $7,302,600.00. Following the sale, the chief executive officer owned 50,743 shares in the company, valued at approximately $6,175,930.53. The trade was a 54.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Kulicke and Soffa Industries Stock Performance
Shares of KLIC stock opened at $124.22 on Tuesday. The company has a market cap of $6.50 billion, a P/E ratio of 119.44 and a beta of 1.69. The stock has a 50 day simple moving average of $98.86 and a two-hundred day simple moving average of $73.66. Kulicke and Soffa Industries, Inc. has a fifty-two week low of $31.32 and a fifty-two week high of $125.14.
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 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.12. The firm had revenue of $242.62 million for the quarter, compared to analyst estimates of $228.75 million. Kulicke and Soffa Industries had a return on equity of 7.29% and a net margin of 7.16%.The company's revenue was up 49.8% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.52) earnings per share. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. On average, research analysts predict that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share for the current year.
Kulicke and Soffa Industries Dividend Announcement
The business also recently announced 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. This represents a $0.82 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, June 18th. Kulicke and Soffa Industries's payout ratio is presently 78.85%.
Institutional Investors Weigh In On Kulicke and Soffa Industries
Several hedge funds and other institutional investors have recently modified their holdings of the company. Royal Bank of Canada grew its position in Kulicke and Soffa Industries by 10.0% in the 1st quarter. Royal Bank of Canada now owns 64,220 shares of the semiconductor company's stock valued at $2,118,000 after purchasing an additional 5,836 shares during the period. AQR Capital Management LLC raised its holdings in Kulicke and Soffa Industries by 168.8% during the first quarter. AQR Capital Management LLC now owns 49,445 shares of the semiconductor company's stock worth $1,631,000 after buying an additional 31,048 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Kulicke and Soffa Industries by 2.9% during 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 raised its holdings in Kulicke and Soffa Industries by 8.0% during 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 lifted its stake 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 valued at $2,206,000 after buying an additional 23,923 shares in the last quarter. Institutional investors own 98.22% of the company's stock.
Wall Street Analyst Weigh In
KLIC has been the topic of several research analyst reports. Needham & Company LLC increased their target price on shares of Kulicke and Soffa Industries from $70.00 to $105.00 and gave the stock a "buy" rating in a research note on Thursday, May 7th. Weiss Ratings raised 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 report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, Kulicke and Soffa Industries presently has an average rating of "Moderate Buy" and a consensus price target of $59.25.
View Our Latest Stock 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.
Further Reading
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