Nano Cap New Millennium Growth Fund L P Acquires New Position in Kulicke and Soffa Industries, Inc. $KLIC

Nano Cap New Millennium Growth Fund L P acquired a new stake in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) in the fourth quarter, Holdings Channel.com reports. The fund acquired 20,000 shares of the semiconductor company’s stock, valued at approximately $911,000.

Several other hedge funds also recently bought and sold shares of KLIC. Royal Bank of Canada boosted its stake in Kulicke and Soffa Industries by 10.0% during the first quarter. Royal Bank of Canada now owns 64,220 shares of the semiconductor company’s stock worth $2,118,000 after buying an additional 5,836 shares during the period. AQR Capital Management LLC boosted its stake in Kulicke and Soffa Industries by 168.8% during the first quarter. AQR Capital Management LLC now owns 49,445 shares of the semiconductor company’s stock worth $1,631,000 after buying an additional 31,048 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Kulicke and Soffa Industries by 2.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,080 shares of the semiconductor company’s stock worth $1,025,000 after buying an additional 877 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Kulicke and Soffa Industries by 8.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 155,842 shares of the semiconductor company’s stock worth $5,140,000 after buying an additional 11,522 shares during the period. Finally, Jane Street Group LLC boosted its stake in Kulicke and Soffa Industries by 55.7% during the first quarter. Jane Street Group LLC now owns 66,898 shares of the semiconductor company’s stock worth $2,206,000 after buying an additional 23,923 shares during the period. Hedge funds and other institutional investors own 98.22% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Wall Street Zen raised shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Needham & Company LLC increased their target price on shares of Kulicke and Soffa Industries from $70.00 to $105.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Weiss Ratings raised shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Finally, Zacks Research raised shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. One equities research 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. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $59.25.

Insider Transactions at Kulicke and Soffa Industries

In related news, General Counsel Zi Yao Lim sold 1,500 shares of the business’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $102.98, for a total transaction of $154,470.00. Following the completion of the transaction, the general counsel directly owned 21,214 shares of the company’s stock, valued at $2,184,617.72. The trade was a 6.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Mui Sung Yeo sold 20,000 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $100.00, for a total value of $2,000,000.00. Following the transaction, the director directly owned 59,197 shares of the company’s stock, valued at $5,919,700. The trade was a 25.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 30,864 shares of company stock valued at $2,830,457. 1.20% of the stock is currently owned by corporate insiders.

Kulicke and Soffa Industries Stock Performance

Shares of KLIC opened at $101.09 on Friday. The stock has a market capitalization of $5.29 billion, a PE ratio of 97.20 and a beta of 1.66. Kulicke and Soffa Industries, Inc. has a 1 year low of $31.21 and a 1 year high of $107.01. The company’s 50-day simple moving average is $79.94 and its 200-day simple moving average is $62.95.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.12. The business had revenue of $242.62 million for the quarter, compared to analysts’ expectations of $228.75 million. Kulicke and Soffa Industries had a net margin of 7.16% and a return on equity of 7.29%. The business’s quarterly revenue was up 49.8% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.52) earnings per share. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. On average, sell-side analysts predict that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share for the current year.

Kulicke and Soffa Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders of record on Thursday, March 19th were given a dividend of $0.205 per share. This represents a $0.82 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, March 19th. Kulicke and Soffa Industries’s dividend payout ratio is currently 78.85%.

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.