Victory Capital Management Inc. Trims Stock Holdings in Kulicke and Soffa Industries, Inc. $KLIC

Victory Capital Management Inc. lessened its position in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 17.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,254,985 shares of the semiconductor company’s stock after selling 491,698 shares during the quarter. Victory Capital Management Inc.’s holdings in Kulicke and Soffa Industries were worth $91,643,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of KLIC. Fort Washington Investment Advisors Inc. OH purchased a new stake in Kulicke and Soffa Industries in the third quarter valued at approximately $17,532,000. The Manufacturers Life Insurance Company boosted its holdings in shares of Kulicke and Soffa Industries by 21.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,348,020 shares of the semiconductor company’s stock valued at $81,241,000 after acquiring an additional 409,116 shares during the last quarter. American Century Companies Inc. increased its stake in shares of Kulicke and Soffa Industries by 20.4% in the second quarter. American Century Companies Inc. now owns 2,313,378 shares of the semiconductor company’s stock worth $80,043,000 after acquiring an additional 392,691 shares during the period. AQR Capital Management LLC raised its holdings in shares of Kulicke and Soffa Industries by 549.8% during the second quarter. AQR Capital Management LLC now owns 321,313 shares of the semiconductor company’s stock worth $11,117,000 after purchasing an additional 271,868 shares during the last quarter. Finally, Jump Financial LLC lifted its position in Kulicke and Soffa Industries by 125.0% during the second quarter. Jump Financial LLC now owns 145,249 shares of the semiconductor company’s stock valued at $5,026,000 after purchasing an additional 80,682 shares during the period. 98.22% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, General Counsel Zi Yao Lim sold 1,000 shares of the company’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $71.54, for a total transaction of $71,540.00. Following the completion of the sale, the general counsel owned 22,714 shares of the company’s stock, valued at $1,624,959.56. This represents a 4.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Robert Nestor Chylak sold 7,098 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $73.28, for a total transaction of $520,141.44. Following the completion of the transaction, the senior vice president directly owned 22,987 shares in the company, valued at approximately $1,684,487.36. This represents a 23.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 111,609 shares of company stock valued at $7,031,036. 1.20% of the stock is owned by corporate insiders.

Kulicke and Soffa Industries Stock Up 2.3%

KLIC opened at $67.75 on Thursday. The company has a market cap of $3.55 billion, a price-to-earnings ratio of -55.99 and a beta of 1.58. Kulicke and Soffa Industries, Inc. has a 52-week low of $26.63 and a 52-week high of $77.50. The firm’s fifty day simple moving average is $60.89 and its two-hundred day simple moving average is $47.93.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its earnings results on Wednesday, February 4th. The semiconductor company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.11. The business had revenue of $199.63 million during the quarter, compared to analysts’ expectations of $190.03 million. Kulicke and Soffa Industries had a negative net margin of 9.40% and a negative return on equity of 1.13%. The company’s quarterly revenue was up 20.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.37 earnings per share. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. On average, research analysts forecast that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current year.

Analyst Ratings Changes

KLIC has been the topic of several analyst reports. Needham & Company LLC increased their price target on Kulicke and Soffa Industries from $64.00 to $70.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 18th. DA Davidson restated a “buy” rating and issued a $55.00 price objective on shares of Kulicke and Soffa Industries in a research report on Friday, November 21st. B. Riley Financial reaffirmed a “neutral” rating and set a $39.00 price objective (up from $35.00) on shares of Kulicke and Soffa Industries in a research note on Friday, November 21st. Finally, Weiss Ratings cut shares of Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Kulicke and Soffa Industries has a consensus rating of “Moderate Buy” and a consensus price target of $50.50.

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.