Zi Yao Lim Sells 1,500 Shares of Kulicke and Soffa Industries (NASDAQ:KLIC) Stock

Kulicke and Soffa Industries, Inc. (NASDAQ:KLICGet Free Report) General Counsel Zi Yao Lim sold 1,500 shares of the business’s 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 transaction, the general counsel owned 21,214 shares of the company’s stock, valued at $2,184,617.72. This represents a 6.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Kulicke and Soffa Industries Price Performance

KLIC stock opened at $104.27 on Thursday. Kulicke and Soffa Industries, Inc. has a 1-year low of $31.21 and a 1-year high of $107.01. The business has a fifty day moving average price of $75.63 and a 200-day moving average price of $60.38. The stock has a market capitalization of $5.46 billion, a P/E ratio of 100.26 and a beta of 1.66.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last posted its quarterly 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 during the quarter, compared to analysts’ expectations of $228.75 million. During the same quarter in the previous year, the business earned ($0.52) earnings per share. The company’s revenue 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, analysts anticipate that Kulicke and Soffa Industries, Inc. will post 2.61 earnings per share for the current year.

Kulicke and Soffa Industries Dividend Announcement

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 dividend of $0.205 per share. The ex-dividend date was Thursday, March 19th. This represents a $0.82 dividend on an annualized basis and a yield of 0.8%. Kulicke and Soffa Industries’s payout ratio is currently 78.85%.

Institutional Trading of Kulicke and Soffa Industries

Several large investors have recently modified their holdings of the company. CIBC Asset Management Inc grew its holdings in shares of Kulicke and Soffa Industries by 3.4% in the fourth quarter. CIBC Asset Management Inc now owns 5,231 shares of the semiconductor company’s stock worth $238,000 after acquiring an additional 171 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of Kulicke and Soffa Industries by 2.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,556 shares of the semiconductor company’s stock worth $344,000 after acquiring an additional 172 shares during the period. Pallas Capital Advisors LLC grew its holdings in shares of Kulicke and Soffa Industries by 2.6% in the fourth quarter. Pallas Capital Advisors LLC now owns 7,368 shares of the semiconductor company’s stock worth $336,000 after acquiring an additional 190 shares during the period. ProShare Advisors LLC grew its holdings in shares of Kulicke and Soffa Industries by 2.0% in the fourth quarter. ProShare Advisors LLC now owns 9,926 shares of the semiconductor company’s stock worth $452,000 after acquiring an additional 198 shares during the period. Finally, HighTower Advisors LLC grew its holdings in shares of Kulicke and Soffa Industries by 3.0% in the fourth quarter. HighTower Advisors LLC now owns 6,929 shares of the semiconductor company’s stock worth $316,000 after acquiring an additional 205 shares during the period. Institutional investors own 98.22% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on KLIC shares. 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. Weiss Ratings raised Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday. 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 report on Thursday, May 7th. Finally, Zacks Research raised Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Monday. One 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. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $59.25.

Read Our Latest Analysis on KLIC

Kulicke and Soffa Industries Company Profile

(Get 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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Insider Buying and Selling by Quarter for Kulicke and Soffa Industries (NASDAQ:KLIC)

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