Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Get Free Report) traded up 6.7% during mid-day trading on Tuesday . The stock traded as high as $123.69 and last traded at $123.1540. 500,927 shares were traded during mid-day trading, a decline of 35% from the average session volume of 768,571 shares. The stock had previously closed at $115.43.
Wall Street Analysts Forecast Growth
KLIC has been the topic of a number of analyst reports. Weiss Ratings upgraded shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Needham & Company LLC increased their price target on shares of Kulicke and Soffa Industries from $70.00 to $105.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Finally, Zacks Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $59.25.
Read Our Latest Stock Analysis on KLIC
Kulicke and Soffa Industries Stock Performance
Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last announced its earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.67 by $0.12. The firm had revenue of $242.62 million for the quarter, compared to the consensus estimate 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 period last year, the company posted ($0.52) EPS. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. Analysts forecast that Kulicke and Soffa Industries, Inc. will post 2.85 EPS for the current year.
Kulicke and Soffa Industries Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Thursday, June 18th will be issued a $0.205 dividend. The ex-dividend date is Thursday, June 18th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 0.7%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is 78.85%.
Insider Buying and Selling at Kulicke and Soffa Industries
In other news, General Counsel Zi Yao Lim sold 1,500 shares of Kulicke and Soffa Industries stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $102.98, for a total value of $154,470.00. Following the sale, the general counsel directly owned 21,214 shares in the company, valued at $2,184,617.72. This trade represents a 6.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Peter T. M. Kong sold 1,551 shares of Kulicke and Soffa Industries stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $110.00, for a total transaction of $170,610.00. Following the completion of the sale, the director owned 100,009 shares in the company, valued at $11,000,990. This trade represents a 1.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 38,051 shares of company stock valued at $4,030,880 over the last ninety days. 1.20% of the stock is currently owned by company insiders.
Institutional Trading of Kulicke and Soffa Industries
Hedge funds and other institutional investors have recently made changes to their positions in the business. Summit Securities Group LLC acquired a new stake in shares of Kulicke and Soffa Industries in the first quarter valued at approximately $26,000. Meeder Asset Management Inc. bought a new position in shares of Kulicke and Soffa Industries in the fourth quarter valued at $30,000. Advisory Services Network LLC bought a new position in shares of Kulicke and Soffa Industries in the third quarter valued at $29,000. Salomon & Ludwin LLC grew its stake in shares of Kulicke and Soffa Industries by 48.4% in the fourth quarter. Salomon & Ludwin LLC now owns 779 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 254 shares in the last quarter. Finally, Foster Dykema Cabot & Partners LLC bought a new position in shares of Kulicke and Soffa Industries in the third quarter valued at $33,000. 98.22% of the stock is currently owned by institutional investors and hedge funds.
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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