William Blair Investment Management LLC Sells 66,141 Shares of Kulicke and Soffa Industries, Inc. $KLIC

William Blair Investment Management LLC cut its position in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLICFree Report) by 9.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 632,017 shares of the semiconductor company’s stock after selling 66,141 shares during the period. William Blair Investment Management LLC’s holdings in Kulicke and Soffa Industries were worth $28,795,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Advisory Services Network LLC bought a new stake in Kulicke and Soffa Industries during the 3rd quarter valued at $29,000. Salomon & Ludwin LLC raised its position in Kulicke and Soffa Industries by 48.4% during the 4th 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. Foster Dykema Cabot & Partners LLC bought a new stake in Kulicke and Soffa Industries during the 3rd quarter valued at $33,000. EverSource Wealth Advisors LLC raised its position in Kulicke and Soffa Industries by 2,665.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 933 shares in the last quarter. Finally, Cullen Frost Bankers Inc. bought a new stake in Kulicke and Soffa Industries during the 4th quarter valued at $48,000. 98.22% of the stock is owned by institutional investors.

Kulicke and Soffa Industries Price Performance

Shares of KLIC stock opened at $104.40 on Monday. Kulicke and Soffa Industries, Inc. has a 1-year low of $31.21 and a 1-year high of $107.01. The stock’s fifty day moving average price is $80.72 and its 200 day moving average price is $63.40. The company has a market cap of $5.46 billion, a price-to-earnings ratio of 100.38 and a beta of 1.66.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last announced its earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.12. Kulicke and Soffa Industries had a return on equity of 7.29% and a net margin of 7.16%.The firm had revenue of $242.62 million for the quarter, compared to the consensus estimate of $228.75 million. During the same period in the previous year, the business earned ($0.52) EPS. The firm’s revenue for the quarter was up 49.8% on a year-over-year basis. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. As a group, equities research analysts anticipate that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share for the current year.

Kulicke and Soffa Industries Announces Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Wall Street Zen upgraded Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. Needham & Company LLC lifted their price target on Kulicke and Soffa Industries from $70.00 to $105.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Finally, Weiss Ratings upgraded Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, May 11th. One investment 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 stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $59.25.

Get Our Latest Report on Kulicke and Soffa Industries

Insider Buying and Selling at Kulicke and Soffa Industries

In other Kulicke and Soffa Industries news, Director David Jeffrey Richardson sold 9,364 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $72.19, for a total transaction of $675,987.16. Following the sale, the director owned 17,694 shares in the company, valued at approximately $1,277,329.86. The trade was a 34.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Zi Yao Lim sold 1,500 shares of the business’s stock in a transaction dated 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 owned 21,214 shares in the company, valued at approximately $2,184,617.72. The trade was a 6.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 30,864 shares of company stock worth $2,830,457. 1.20% of the stock is currently owned by insiders.

Kulicke and Soffa Industries Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Kulicke and Soffa Industries (NASDAQ:KLIC)

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