Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) insider Jonathan Chou sold 25,000 shares of the company’s stock in a transaction dated Wednesday, November 23rd. The shares were sold at an average price of $15.39, for a total transaction of $384,750.00. Following the completion of the sale, the insider now directly owns 216,008 shares in the company, valued at approximately $3,324,363.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Shares of Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) opened at 15.61 on Tuesday. The firm has a 50 day moving average of $13.80 and a 200 day moving average of $12.76. The stock has a market cap of $1.11 billion, a P/E ratio of 23.37 and a beta of 1.23. Kulicke and Soffa Industries Inc. has a one year low of $9.63 and a one year high of $15.88.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its earnings results on Tuesday, November 15th. The company reported $0.15 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.04. The firm had revenue of $145.80 million for the quarter, compared to analysts’ expectations of $140.09 million. Kulicke and Soffa Industries had a net margin of 7.51% and a return on equity of 6.04%. Kulicke and Soffa Industries’s quarterly revenue was up 22.3% on a year-over-year basis. During the same quarter last year, the company earned $0.13 EPS. On average, equities research analysts predict that Kulicke and Soffa Industries Inc. will post $0.90 EPS for the current fiscal year.

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

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Several analysts have issued reports on the stock. B. Riley reaffirmed a “buy” rating and issued a $16.00 price target on shares of Kulicke and Soffa Industries in a report on Tuesday, August 9th. Standpoint Research downgraded shares of Kulicke and Soffa Industries from a “buy” rating to a “hold” rating in a report on Friday, November 18th. Finally, Zacks Investment Research downgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “sell” rating in a report on Saturday, August 6th.

Institutional investors have recently made changes to their positions in the company. PineBridge Investments L.P. boosted its position 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 valued at $108,000 after buying an additional 619 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of Kulicke and Soffa Industries during the third quarter valued at about $117,000. Sei Investments Co. boosted its position 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 valued at $118,000 after buying an additional 747 shares in the last quarter. Teacher Retirement System of Texas boosted its position 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 valued at $121,000 after buying an additional 1,300 shares in the last quarter. Finally, Janney Montgomery Scott LLC acquired a new position in shares of Kulicke and Soffa Industries during the second quarter valued at about $127,000. 83.12% of the stock is currently owned by institutional investors.

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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