Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) Director Brian R. Bachman sold 1,335 shares of the business’s stock in a transaction dated Thursday, November 17th. The stock was sold at an average price of $15.00, for a total value of $20,025.00. Following the transaction, the director now owns 28,564 shares of the company’s stock, valued at $428,460. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) opened at 15.56 on Wednesday. The company has a 50 day moving average price of $13.58 and a 200 day moving average price of $12.66. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 23.72 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 $15.63.

Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its quarterly earnings data on Tuesday, November 15th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.04. Kulicke and Soffa Industries had a return on equity of 6.04% and a net margin of 7.51%. The business earned $145.80 million during the quarter, compared to the consensus estimate of $140.09 million. During the same period in the prior year, the company earned $0.13 EPS. Kulicke and Soffa Industries’s revenue for the quarter was up 22.3% on a year-over-year basis. Analysts anticipate that Kulicke and Soffa Industries Inc. will post $0.87 earnings per share for the current fiscal year.

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

Several equities analysts have recently issued reports on KLIC shares. B. Riley restated a “buy” rating and set a $16.00 target price on shares of Kulicke and Soffa Industries in a research report on Thursday, August 4th. Zacks Investment Research lowered Kulicke and Soffa Industries from a “hold” rating to a “sell” rating in a research report on Saturday, August 6th. Finally, Standpoint Research lowered Kulicke and Soffa Industries from a “buy” rating to a “hold” rating in a research report on Friday, November 18th.

Hedge funds have recently made changes to their positions in the company. Nordea Investment Management AB increased its stake in shares of Kulicke and Soffa Industries by 15.0% in the second quarter. Nordea Investment Management AB now owns 322,227 shares of the company’s stock valued at $3,922,000 after buying an additional 41,976 shares in the last quarter. Capital Fund Management S.A. purchased a new position in Kulicke and Soffa Industries during the second quarter valued at approximately $159,000. Van Berkom & Associates Inc. increased its position in Kulicke and Soffa Industries by 16.0% in the second quarter. Van Berkom & Associates Inc. now owns 195,398 shares of the company’s stock valued at $2,378,000 after buying an additional 26,900 shares in the last quarter. Foundry Partners LLC purchased a new position in Kulicke and Soffa Industries during the second quarter valued at approximately $2,992,000. Finally, DNB Asset Management AS increased its position in Kulicke and Soffa Industries by 47.4% in the second quarter. DNB Asset Management AS now owns 986,586 shares of the company’s stock valued at $12,007,000 after buying an additional 317,300 shares in the last quarter. Institutional investors and hedge funds own 83.31% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Brian R. Bachman Sells 1,335 Shares of Kulicke and Soffa Industries Inc. (KLIC) Stock” was originally reported by The Cerbat Gem and is the propert of of The Cerbat Gem. If you are viewing this piece of content on another site, it was stolen and reposted in violation of U.S. & international trademark and copyright laws. The correct version of this piece of content can be accessed at https://www.thecerbatgem.com/2016/11/23/brian-r-bachman-sells-1335-shares-of-kulicke-and-soffa-industries-inc-klic-stock.html.

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

Receive News & Stock Ratings for Kulicke and Soffa Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kulicke and Soffa Industries Inc. and related stocks with our FREE daily email newsletter.