Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $50.81 and last traded at $50.57, with a volume of 124144 shares changing hands. The stock had previously closed at $48.35.
Wall Street Analysts Forecast Growth
Several analysts have weighed in on the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of Kulicke and Soffa Industries in a research report on Monday, December 29th. Needham & Company LLC upped their target price on Kulicke and Soffa Industries from $40.00 to $46.00 and gave the company a “buy” rating in a research report on Friday, November 21st. Wall Street Zen upgraded Kulicke and Soffa Industries from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. DA Davidson reiterated a “buy” rating and set a $55.00 price target on shares of Kulicke and Soffa Industries in a research note on Friday, November 21st. Finally, Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 24th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Kulicke and Soffa Industries has a consensus rating of “Moderate Buy” and a consensus price target of $44.50.
View Our Latest Stock Analysis on Kulicke and Soffa Industries
Kulicke and Soffa Industries Trading Up 5.6%
Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last posted its earnings results on Wednesday, November 19th. The semiconductor company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.06. The firm had revenue of $177.56 million during the quarter, compared to analysts’ expectations of $169.84 million. Kulicke and Soffa Industries had a net margin of 0.03% and a negative return on equity of 1.64%. The business’s revenue was down 2.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.34 EPS. Kulicke and Soffa Industries has set its Q1 2026 guidance at 0.297-0.363 EPS. On average, equities analysts expect that Kulicke and Soffa Industries, Inc. will post 0.93 earnings per share for the current year.
Kulicke and Soffa Industries Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 6th. Investors of record on Thursday, December 18th will be issued a $0.205 dividend. The ex-dividend date of this dividend is Thursday, December 18th. This represents a $0.82 dividend on an annualized basis and a yield of 1.6%. Kulicke and Soffa Industries’s dividend payout ratio is presently -4,100.00%.
Insider Buying and Selling
In related news, SVP Nelson Munpun Wong sold 5,004 shares of Kulicke and Soffa Industries stock in a transaction on Monday, December 8th. The shares were sold at an average price of $50.07, for a total value of $250,550.28. Following the sale, the senior vice president owned 156,369 shares of the company’s stock, valued at approximately $7,829,395.83. This trade represents a 3.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Zi Yao Lim sold 1,000 shares of the company’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $45.00, for a total transaction of $45,000.00. Following the transaction, the general counsel owned 23,714 shares of the company’s stock, valued at $1,067,130. This represents a 4.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 3.40% of the company’s stock.
Institutional Trading of Kulicke and Soffa Industries
Institutional investors and hedge funds have recently modified their holdings of the stock. Trexquant Investment LP purchased a new stake in Kulicke and Soffa Industries during the 1st quarter worth approximately $688,000. Baird Financial Group Inc. increased its position in shares of Kulicke and Soffa Industries by 33.7% during the first quarter. Baird Financial Group Inc. now owns 22,515 shares of the semiconductor company’s stock worth $743,000 after purchasing an additional 5,676 shares in the last quarter. Royal Bank of Canada raised its stake 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 last quarter. Cubist Systematic Strategies LLC purchased a new position in Kulicke and Soffa Industries in the 1st quarter valued at $796,000. Finally, AQR Capital Management LLC boosted its stake in Kulicke and Soffa Industries by 168.8% during the 1st quarter. AQR Capital Management LLC now owns 49,445 shares of the semiconductor company’s stock worth $1,631,000 after purchasing an additional 31,048 shares during the last quarter. Hedge funds and other institutional investors own 98.22% of the company’s stock.
Kulicke and Soffa Industries Company Profile
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.
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