Vanguard Group Inc. trimmed its holdings in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Free Report) by 0.9% in the third quarter, HoldingsChannel reports. The institutional investor owned 3,492,488 shares of the semiconductor company’s stock after selling 30,439 shares during the quarter. Vanguard Group Inc. owned 0.07% of Kulicke and Soffa Industries worth $141,935,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of the company. True Wealth Design LLC boosted its stake in Kulicke and Soffa Industries by 7,609.1% in the 2nd quarter. True Wealth Design LLC now owns 848 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 837 shares during the period. EverSource Wealth Advisors LLC raised its position in shares of Kulicke and Soffa Industries by 2,665.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 933 shares in the last quarter. Federated Hermes Inc. raised its stake in Kulicke and Soffa Industries by 814.8% during the third quarter. Federated Hermes Inc. now owns 1,052 shares of the semiconductor company’s stock worth $43,000 after acquiring an additional 937 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of Kulicke and Soffa Industries by 42.0% during the third quarter. Smartleaf Asset Management LLC now owns 1,667 shares of the semiconductor company’s stock worth $68,000 after purchasing an additional 493 shares during the last quarter. Finally, Covestor Ltd grew its position in shares of Kulicke and Soffa Industries by 57.3% in the 3rd quarter. Covestor Ltd now owns 1,858 shares of the semiconductor company’s stock valued at $76,000 after buying an additional 677 shares during the last quarter. Institutional investors and hedge funds own 98.22% of the company’s stock.
Insider Transactions at Kulicke and Soffa Industries
In other news, General Counsel Zi Yao Lim sold 1,000 shares of the firm’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $71.54, for a total transaction of $71,540.00. Following the completion of the transaction, the general counsel directly owned 22,714 shares in the company, valued at $1,624,959.56. This trade represents a 4.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David Jeffrey Richardson sold 9,364 shares of Kulicke and Soffa Industries stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $72.19, for a total transaction of $675,987.16. Following the completion of the transaction, the director directly owned 17,694 shares of the company’s stock, valued at $1,277,329.86. This trade represents a 34.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 111,609 shares of company stock valued at $7,031,036. 1.20% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
Kulicke and Soffa Industries Stock Down 5.8%
KLIC opened at $66.22 on Wednesday. The stock has a market cap of $3.47 billion, a PE ratio of -54.73 and a beta of 1.58. The business has a 50 day moving average of $60.46 and a 200-day moving average of $47.79. Kulicke and Soffa Industries, Inc. has a 52 week low of $26.63 and a 52 week high of $77.50.
Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.33 by $0.11. The business had revenue of $199.63 million during the quarter, compared to analyst estimates of $190.03 million. Kulicke and Soffa Industries had a negative return on equity of 1.13% and a negative net margin of 9.40%.The company’s revenue for the quarter was up 20.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.37 earnings per share. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. Equities analysts anticipate that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current year.
Kulicke and Soffa Industries Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Thursday, December 18th were issued a dividend of $0.205 per share. This represents a $0.82 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, December 18th. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is presently -67.77%.
About Kulicke and Soffa Industries
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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