Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Get Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $84.66, but opened at $89.57. Kulicke and Soffa Industries shares last traded at $87.7140, with a volume of 137,015 shares traded.
Wall Street Analyst Weigh In
Several brokerages have weighed in on KLIC. Wall Street Zen raised Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Needham & Company LLC increased their price target on 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. Weiss Ratings downgraded Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 6th. Finally, Zacks Research cut Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 7th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $50.50.
Get Our Latest Research Report on Kulicke and Soffa Industries
Kulicke and Soffa Industries Stock Performance
Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last released its earnings results on Wednesday, February 4th. The semiconductor company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.11. Kulicke and Soffa Industries had a negative net margin of 9.40% and a negative return on equity of 1.13%. The business had revenue of $199.63 million for the quarter, compared to analyst estimates of $190.03 million. During the same period last year, the company posted $0.37 EPS. The business’s revenue was up 20.2% on a year-over-year basis. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. Equities research analysts expect that Kulicke and Soffa Industries, Inc. will post 2.22 EPS for the current fiscal year.
Kulicke and Soffa Industries Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Thursday, March 19th were issued a $0.205 dividend. This represents a $0.82 annualized dividend and a yield of 0.9%. The ex-dividend date was Thursday, March 19th. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is -67.77%.
Insider Transactions at Kulicke and Soffa Industries
In related news, SVP Nelson Munpun Wong sold 39,800 shares of Kulicke and Soffa Industries stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $60.98, for a total value of $2,427,004.00. Following the completion of the sale, the senior vice president owned 86,369 shares in the company, valued at approximately $5,266,781.62. This trade represents a 31.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director David Jeffrey Richardson sold 9,364 shares of Kulicke and Soffa Industries stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $72.19, for a total transaction of $675,987.16. Following the completion of the sale, the director owned 17,694 shares of the company’s stock, valued at $1,277,329.86. This trade represents a 34.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 76,405 shares of company stock worth $5,072,586 in the last three months. Company insiders own 1.20% of the company’s stock.
Institutional Trading of Kulicke and Soffa Industries
Institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada grew its stake in shares of Kulicke and Soffa Industries by 10.0% in the first quarter. Royal Bank of Canada now owns 64,220 shares of the semiconductor company’s stock worth $2,118,000 after acquiring an additional 5,836 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Kulicke and Soffa Industries by 168.8% in the first quarter. AQR Capital Management LLC now owns 49,445 shares of the semiconductor company’s stock worth $1,631,000 after acquiring an additional 31,048 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Kulicke and Soffa Industries by 2.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,080 shares of the semiconductor company’s stock worth $1,025,000 after acquiring an additional 877 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Kulicke and Soffa Industries by 8.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 155,842 shares of the semiconductor company’s stock worth $5,140,000 after acquiring an additional 11,522 shares in the last quarter. Finally, Jane Street Group LLC grew its stake in shares of Kulicke and Soffa Industries by 55.7% in the first quarter. Jane Street Group LLC now owns 66,898 shares of the semiconductor company’s stock worth $2,206,000 after acquiring an additional 23,923 shares in the last quarter. Institutional investors and hedge funds own 98.22% of the company’s stock.
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.
Further Reading
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