Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) insider Fusen Ernie Chen purchased 20,500 shares of the firm’s stock in a transaction dated Friday, November 18th. The stock was acquired at an average cost of $15.31 per share, for a total transaction of $313,855.00. Following the purchase, the insider now owns 166,263 shares in the company, valued at $2,545,486.53. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) traded up 2.77% during trading on Monday, reaching $15.21. The company had a trading volume of 97,250 shares. The firm’s 50 day moving average is $13.45 and its 200-day moving average is $12.59. The company has a market capitalization of $1.07 billion, a P/E ratio of 23.19 and a beta of 1.23. Kulicke and Soffa Industries Inc. has a 12 month low of $9.63 and a 12 month high of $15.37.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its quarterly earnings data on Tuesday, November 15th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.04. The firm 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 7.51%. Kulicke and Soffa Industries’s revenue was up 22.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.13 earnings per share. On average, equities analysts expect that Kulicke and Soffa Industries Inc. will post $0.87 earnings per share for the current year.

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

Several brokerages have recently commented on KLIC. B. Riley reaffirmed a “buy” rating and issued a $18.00 price target on shares of Kulicke and Soffa Industries in a research note on Monday. Zacks Investment Research lowered Kulicke and Soffa Industries from a “hold” rating to a “sell” rating in a research note on Saturday, August 6th. Finally, Standpoint Research lowered Kulicke and Soffa Industries from a “buy” rating to a “hold” rating in a research note on Friday.

A number of institutional investors have recently modified their holdings of KLIC. PineBridge Investments L.P. increased its position in 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 valued at $108,000 after buying an additional 619 shares during the last quarter. SG Americas Securities LLC bought a new position in Kulicke and Soffa Industries during the third quarter valued at $117,000. Sei Investments Co. increased its position in Kulicke and Soffa Industries by 8.9% in the third quarter. Sei Investments Co. now owns 9,122 shares of the company’s stock valued at $118,000 after buying an additional 747 shares during the last quarter. Teacher Retirement System of Texas increased its position in 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 valued at $121,000 after buying an additional 1,300 shares during the last quarter. Finally, Janney Montgomery Scott LLC bought a new position in Kulicke and Soffa Industries during the second quarter valued at $127,000. 83.31% of the stock is owned by hedge funds and other institutional investors.

About Kulicke and Soffa Industries

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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