Kulicke and Soffa Industries (NASDAQ:KLIC) Lowered to Hold Rating by Zacks Research

Kulicke and Soffa Industries (NASDAQ:KLIC) was downgraded by stock analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

KLIC has been the subject of several other reports. Needham & Company LLC upped their price objective on Kulicke and Soffa Industries from $70.00 to $105.00 and gave the stock a “buy” rating in a research report 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. Two analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $59.25.

Kulicke and Soffa Industries Trading Down 1.5%

NASDAQ:KLIC opened at $104.23 on Tuesday. The stock has a 50 day simple moving average of $108.62 and a 200 day simple moving average of $80.02. Kulicke and Soffa Industries has a 1-year low of $31.32 and a 1-year high of $135.80. The stock has a market cap of $5.45 billion, a P/E ratio of 100.22 and a beta of 1.62.

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

Insider Activity at Kulicke and Soffa Industries

In related news, Director Mui Sung Yeo sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 20th. The shares were 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 in the company, valued at approximately $5,919,700. This represents a 25.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Nelson Munpun Wong sold 15,000 shares of Kulicke and Soffa Industries stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $113.72, for a total value of $1,705,800.00. Following the sale, the senior vice president directly owned 71,369 shares of the company’s stock, valued at approximately $8,116,082.68. This trade represents a 17.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 98,051 shares of company stock valued at $11,333,480 in the last ninety days. Insiders own 1.20% of the company’s stock.

Institutional Investors Weigh In On Kulicke and Soffa Industries

Several institutional investors have recently bought and sold shares of the stock. Summit Securities Group LLC bought a new position in shares of Kulicke and Soffa Industries in the first quarter worth approximately $26,000. Advisory Services Network LLC bought a new position in shares of Kulicke and Soffa Industries during the third quarter valued at approximately $29,000. Meeder Asset Management Inc. purchased a new stake in shares of Kulicke and Soffa Industries in the 4th quarter worth about $30,000. EverSource Wealth Advisors LLC lifted its holdings in Kulicke and Soffa Industries by 2,665.7% in the second quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock worth $33,000 after buying an additional 933 shares during the period. Finally, Salomon & Ludwin LLC boosted its position in shares of Kulicke and Soffa Industries by 48.4% during the fourth quarter. Salomon & Ludwin LLC now owns 779 shares of the semiconductor company’s stock valued at $35,000 after purchasing an additional 254 shares in the last quarter. 98.22% of the stock is currently owned by hedge funds and other institutional investors.

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.