Kulicke and Soffa Industries (NASDAQ:KLIC) Director Mui Sung Yeo Sells 20,000 Shares

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Director Mui Sung Yeo sold 20,000 shares of Kulicke and Soffa Industries stock in a transaction 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 of the company’s stock, valued at approximately $5,919,700. The trade was a 25.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Kulicke and Soffa Industries Price Performance

NASDAQ KLIC opened at $101.09 on Friday. The firm has a market cap of $5.29 billion, a PE ratio of 97.20 and a beta of 1.66. Kulicke and Soffa Industries, Inc. has a one year low of $31.21 and a one year high of $107.01. The stock’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 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. The business had revenue of $242.62 million for the quarter, compared to analyst estimates of $228.75 million. Kulicke and Soffa Industries had a return on equity of 7.29% and a net margin of 7.16%.Kulicke and Soffa Industries’s revenue for the quarter was up 49.8% on a year-over-year basis. During the same period in the prior year, the company earned ($0.52) EPS. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. As a group, equities analysts expect that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share for the current year.

Kulicke and Soffa Industries Announces Dividend

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

Institutional Investors Weigh In On Kulicke and Soffa Industries

A number of institutional investors have recently made changes to their positions in KLIC. Invesco Ltd. grew its stake in shares of Kulicke and Soffa Industries by 347.9% during the fourth quarter. Invesco Ltd. now owns 767,001 shares of the semiconductor company’s stock worth $34,945,000 after purchasing an additional 595,753 shares during the period. Jacobs Levy Equity Management Inc. grew its stake in shares of Kulicke and Soffa Industries by 541.4% during the third quarter. Jacobs Levy Equity Management Inc. now owns 665,295 shares of the semiconductor company’s stock worth $27,038,000 after purchasing an additional 561,571 shares during the period. Bank of New York Mellon Corp grew its stake in shares of Kulicke and Soffa Industries by 125.0% during the first quarter. Bank of New York Mellon Corp now owns 926,915 shares of the semiconductor company’s stock worth $60,917,000 after purchasing an additional 514,983 shares during the period. The Manufacturers Life Insurance Company grew its stake in shares of Kulicke and Soffa Industries by 21.1% during the second 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, AQR Capital Management LLC increased its stake in Kulicke and Soffa Industries by 549.8% in the second quarter. AQR Capital Management LLC now owns 321,313 shares of the semiconductor company’s stock valued at $11,117,000 after purchasing an additional 271,868 shares in the last quarter. 98.22% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on KLIC. 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. Weiss Ratings upgraded 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 lifted 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. Finally, 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. One equities research 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.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $59.25.

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.