K2 Principal Fund L.P. Makes New $364,000 Investment in Kulicke and Soffa Industries, Inc. $KLIC

K2 Principal Fund L.P. purchased a new position in Kulicke and Soffa Industries, Inc. (NASDAQ:KLICFree Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,000 shares of the semiconductor company’s stock, valued at approximately $364,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Meeder Asset Management Inc. bought a new position in Kulicke and Soffa Industries in the 4th quarter worth approximately $30,000. Advisory Services Network LLC bought a new position in Kulicke and Soffa Industries in the 3rd quarter worth approximately $29,000. Salomon & Ludwin LLC boosted its stake in Kulicke and Soffa Industries by 48.4% in the 4th quarter. Salomon & Ludwin LLC now owns 779 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 254 shares during the period. Foster Dykema Cabot & Partners LLC bought a new position in Kulicke and Soffa Industries in the 3rd quarter worth approximately $33,000. Finally, Kestra Advisory Services LLC bought a new position in Kulicke and Soffa Industries in the 4th quarter worth approximately $39,000. 98.22% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Kulicke and Soffa Industries news, Director Mui Sung Yeo sold 20,000 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $100.00, for a total value of $2,000,000.00. Following the sale, the director owned 59,197 shares in the company, valued at $5,919,700. This trade represents a 25.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, General Counsel Zi Yao Lim sold 1,500 shares of the stock in a transaction on Monday, May 11th. The stock was sold at an average price of $102.98, for a total value of $154,470.00. Following the completion of 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. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 23,051 shares of company stock worth $2,325,080 over the last quarter. Company insiders own 1.20% of the company’s stock.

Kulicke and Soffa Industries Stock Performance

NASDAQ:KLIC opened at $113.13 on Friday. The stock’s fifty day moving average is $92.74 and its 200 day moving average is $70.30. Kulicke and Soffa Industries, Inc. has a fifty-two week low of $31.32 and a fifty-two week high of $115.27. The firm has a market capitalization of $5.92 billion, a PE ratio of 108.78 and a beta of 1.70.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last released its earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $242.62 million for the quarter, compared to analyst estimates of $228.75 million. During the same quarter last year, the firm posted ($0.52) earnings per share. The business’s revenue 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. Equities 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 announced a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Thursday, June 18th will be paid a $0.205 dividend. The ex-dividend date is Thursday, June 18th. This represents a $0.82 dividend on an annualized basis and a yield of 0.7%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is presently 78.85%.

Analyst Upgrades and Downgrades

KLIC has been the subject of several recent analyst reports. Weiss Ratings upgraded Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Finally, 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 report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $59.25.

Read Our Latest Research Report on Kulicke and Soffa Industries

Kulicke and Soffa Industries 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.

Further Reading

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

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