Kulicke and Soffa Industries (NASDAQ:KLIC) Director Sells $675,987.16 in Stock

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Director David Jeffrey Richardson sold 9,364 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $72.19, for a total value of $675,987.16. Following the transaction, the director owned 17,694 shares of the company’s stock, valued at approximately $1,277,329.86. This trade represents a 34.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Kulicke and Soffa Industries Stock Down 0.7%

NASDAQ:KLIC traded down $0.49 during trading hours on Friday, hitting $70.24. 160,854 shares of the stock traded hands, compared to its average volume of 829,719. The company has a market cap of $3.68 billion, a price-to-earnings ratio of -58.12 and a beta of 1.67. Kulicke and Soffa Industries, Inc. has a 1 year low of $26.63 and a 1 year high of $77.50. The stock has a 50 day moving average price of $59.10 and a 200 day moving average price of $46.97.

Kulicke and Soffa Industries (NASDAQ:KLIC) 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 firm had revenue of $199.63 million for the quarter, compared to the consensus estimate 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 revenue was up 20.2% on a year-over-year basis. During the same period last year, the firm earned $0.37 EPS. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. Equities analysts forecast that Kulicke and Soffa Industries, Inc. will post 0.93 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Thursday, December 18th were given a dividend of $0.205 per share. The ex-dividend date was Thursday, December 18th. This represents a $0.82 annualized dividend and a dividend yield of 1.2%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is currently -67.77%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on KLIC. Weiss Ratings downgraded Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 6th. Needham & Company LLC upped their target price on shares of 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 shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Wall Street Zen upgraded shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Finally, DA Davidson reiterated a “buy” rating and issued a $55.00 target price on shares of Kulicke and Soffa Industries in a research report on Friday, November 21st. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $50.50.

Institutional Trading of Kulicke and Soffa Industries

A number of large investors have recently made changes to their positions in the business. Invesco Ltd. lifted its holdings in shares of Kulicke and Soffa Industries by 347.9% in the 4th quarter. Invesco Ltd. now owns 767,001 shares of the semiconductor company’s stock valued at $34,945,000 after acquiring an additional 595,753 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its stake in shares of Kulicke and Soffa Industries by 541.4% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 665,295 shares of the semiconductor company’s stock valued at $27,038,000 after purchasing an additional 561,571 shares during the last quarter. Fort Washington Investment Advisors Inc. OH bought a new stake in shares of Kulicke and Soffa Industries in the 3rd 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 worth $81,241,000 after purchasing an additional 409,116 shares during the period. Finally, American Century Companies Inc. increased its position in shares of Kulicke and Soffa Industries by 20.4% during the 2nd quarter. American Century Companies Inc. now owns 2,313,378 shares of the semiconductor company’s stock valued at $80,043,000 after purchasing an additional 392,691 shares during the last quarter. 98.22% of the stock is currently owned by institutional investors.

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.