Insider Selling: Kulicke and Soffa Industries (NASDAQ:KLIC) Director Sells 20,000 Shares of Stock

Kulicke and Soffa Industries, Inc. (NASDAQ:KLICGet Free Report) Director Mui Sung Yeo sold 20,000 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the director owned 59,197 shares of the company’s stock, valued at $5,919,700. This trade represents a 25.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Kulicke and Soffa Industries Stock Performance

Shares of NASDAQ KLIC traded down $0.14 during trading on Thursday, reaching $101.09. The stock had a trading volume of 836,020 shares, compared to its average volume of 915,175. The stock has a market cap of $5.29 billion, a PE ratio of 97.20 and a beta of 1.66. The firm’s 50 day moving average price is $79.94 and its two-hundred day moving average price is $62.95. Kulicke and Soffa Industries, Inc. has a one year low of $31.21 and a one year high of $107.01.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last issued its quarterly earnings data 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 firm had revenue of $242.62 million during the quarter, compared to the consensus estimate of $228.75 million. Kulicke and Soffa Industries had a return on equity of 7.29% and a net margin of 7.16%.The firm’s revenue was up 49.8% on a year-over-year basis. During the same period in the prior year, the business earned ($0.52) EPS. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. On average, research analysts expect that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share for the current year.

Kulicke and Soffa Industries Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts recently commented on KLIC shares. 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 research note on Thursday, May 7th. Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Wall Street Zen upgraded Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $59.25.

Get Our Latest Stock Report on Kulicke and Soffa Industries

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Summit Securities Group LLC acquired a new stake in shares of Kulicke and Soffa Industries in the first quarter valued at $26,000. Meeder Asset Management Inc. acquired a new stake in shares of Kulicke and Soffa Industries in the fourth quarter valued at $30,000. Advisory Services Network LLC acquired a new stake in shares of Kulicke and Soffa Industries in the third quarter valued at $29,000. Salomon & Ludwin LLC lifted its holdings in shares of Kulicke and Soffa Industries by 48.4% in the fourth quarter. Salomon & Ludwin LLC now owns 779 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 254 shares during the period. Finally, Foster Dykema Cabot & Partners LLC acquired a new stake in shares of Kulicke and Soffa Industries in the third quarter valued at $33,000. Institutional investors and hedge funds own 98.22% of the company’s stock.

About Kulicke and Soffa Industries

(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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