Pacer Advisors Inc. Sells 5,608 Shares of Kulicke and Soffa Industries, Inc. $KLIC

Pacer Advisors Inc. reduced its position in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 92.6% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 446 shares of the semiconductor company’s stock after selling 5,608 shares during the period. Pacer Advisors Inc.’s holdings in Kulicke and Soffa Industries were worth $29,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in KLIC. Vanguard Group Inc. increased its holdings in shares of Kulicke and Soffa Industries by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 3,513,023 shares of the semiconductor company’s stock worth $160,053,000 after purchasing an additional 20,535 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Kulicke and Soffa Industries by 21.1% during the second quarter. The Manufacturers Life Insurance Company now owns 2,348,020 shares of the semiconductor company’s stock valued at $81,241,000 after purchasing an additional 409,116 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Kulicke and Soffa Industries by 6.7% during the fourth quarter. Morgan Stanley now owns 1,230,330 shares of the semiconductor company’s stock valued at $56,054,000 after purchasing an additional 77,527 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Kulicke and Soffa Industries by 125.0% during the first quarter. Bank of New York Mellon Corp now owns 926,915 shares of the semiconductor company’s stock valued at $60,917,000 after buying an additional 514,983 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. boosted its position in shares of Kulicke and Soffa Industries by 22.3% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 813,669 shares of the semiconductor company’s stock valued at $37,071,000 after buying an additional 148,374 shares during the last quarter. 98.22% of the stock is owned by institutional investors.

Insider Buying and Selling at Kulicke and Soffa Industries

In related news, SVP Nelson Munpun Wong sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $113.72, for a total value of $1,705,800.00. Following the transaction, the senior vice president owned 71,369 shares of the company’s stock, valued at approximately $8,116,082.68. This trade represents a 17.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Lester A. Wong sold 60,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $121.71, for a total transaction of $7,302,600.00. Following the completion of the transaction, the chief executive officer directly owned 50,743 shares in the company, valued at approximately $6,175,930.53. The trade was a 54.18% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 96,551 shares of company stock worth $11,179,010 over the last quarter. Company insiders own 1.20% of the company’s stock.

Kulicke and Soffa Industries Price Performance

KLIC stock opened at $95.15 on Thursday. Kulicke and Soffa Industries, Inc. has a 1 year low of $35.02 and a 1 year high of $135.80. The company has a market cap of $4.98 billion, a P/E ratio of 43.85 and a beta of 1.67. The stock’s fifty day moving average price is $107.59 and its 200-day moving average price is $88.13.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.06 by $0.14. The company had revenue of $330.41 million during the quarter, compared to analysts’ expectations of $308.50 million. Kulicke and Soffa Industries had a return on equity of 14.39% and a net margin of 12.18%.Kulicke and Soffa Industries’s revenue for the quarter was up 122.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.07 earnings per share. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. As a group, analysts expect that Kulicke and Soffa Industries, Inc. will post 3.14 earnings per share for the current year.

Kulicke and Soffa Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Thursday, June 18th were given a dividend of $0.205 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.82 annualized dividend and a dividend yield of 0.9%. Kulicke and Soffa Industries’s dividend payout ratio is presently 37.79%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Kulicke and Soffa Industries in a research report on Friday, August 7th. Zacks Research downgraded shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 7th. Finally, Needham & Company LLC lifted their price target on shares of Kulicke and Soffa Industries from $105.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $69.67.

Kulicke and Soffa Industries 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.