Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) Director Brian R. Bachman sold 2,442 shares of the business’s stock in a transaction that occurred on Thursday, November 10th. The stock was sold at an average price of $14.00, for a total value of $34,188.00. Following the completion of the sale, the director now owns 29,899 shares of the company’s stock, valued at approximately $418,586. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) opened at 14.49 on Wednesday. The stock has a market capitalization of $1.02 billion, a PE ratio of 22.09 and a beta of 1.23. The firm has a 50-day moving average price of $13.27 and a 200-day moving average price of $12.52. Kulicke and Soffa Industries Inc. has a 52 week low of $9.63 and a 52 week high of $14.90.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its quarterly earnings results on Tuesday, November 15th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.04. The business earned $145.80 million during the quarter, compared to analysts’ expectations of $140.09 million. Kulicke and Soffa Industries had a return on equity of 6.04% and a net margin of 7.76%. The business’s quarterly revenue was up 22.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.13 earnings per share. Equities research analysts predict that Kulicke and Soffa Industries Inc. will post $0.62 EPS for the current fiscal year.

Insider Buying and Selling by Quarter for Kulicke and Soffa Industries (NASDAQ:KLIC)

A number of research firms recently weighed in on KLIC. B. Riley restated a “buy” rating and issued a $18.00 target price on shares of Kulicke and Soffa Industries in a research report on Wednesday. Zacks Investment Research downgraded Kulicke and Soffa Industries from a “hold” rating to a “sell” rating in a research report on Saturday, August 6th.

A number of hedge funds have recently modified their holdings of the company. PineBridge Investments L.P. boosted its stake in shares of Kulicke and Soffa Industries by 7.5% in the second quarter. PineBridge Investments L.P. now owns 8,926 shares of the company’s stock worth $108,000 after buying an additional 619 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of Kulicke and Soffa Industries during the third quarter worth approximately $117,000. Sei Investments Co. boosted its stake in shares of Kulicke and Soffa Industries by 8.9% in the third quarter. Sei Investments Co. now owns 9,122 shares of the company’s stock worth $118,000 after buying an additional 747 shares during the last quarter. Teacher Retirement System of Texas boosted its stake in shares of Kulicke and Soffa Industries by 15.1% in the second quarter. Teacher Retirement System of Texas now owns 9,904 shares of the company’s stock worth $121,000 after buying an additional 1,300 shares during the last quarter. Finally, Invictus RG boosted its stake in shares of Kulicke and Soffa Industries by 513.5% in the first quarter. Invictus RG now owns 9,970 shares of the company’s stock worth $113,000 after buying an additional 8,345 shares during the last quarter. Institutional investors and hedge funds own 82.73% of the company’s stock.

Kulicke and Soffa Industries Company Profile

Kulicke and Soffa Industries, Inc designs, manufactures and sells capital equipment and expendable tools, as well as services, maintains, repairs and upgrades equipment, all used to assemble semiconductor devices. The Company supplies a range of bonding equipment. The Company operates through two segments: Equipment and Expendable Tools.

5 Day Chart for NASDAQ:KLIC

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