Emerald Advisers LLC Buys 29,882 Shares of Kulicke and Soffa Industries, Inc. $KLIC

Emerald Advisers LLC raised its stake in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 5.5% in the 1st quarter, HoldingsChannel reports. The firm owned 568,996 shares of the semiconductor company’s stock after purchasing an additional 29,882 shares during the period. Kulicke and Soffa Industries makes up 1.2% of Emerald Advisers LLC’s portfolio, making the stock its 21st biggest position. Emerald Advisers LLC’s holdings in Kulicke and Soffa Industries were worth $37,394,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of KLIC. CIBC Asset Management Inc increased its holdings in shares of Kulicke and Soffa Industries by 3.4% in the 4th quarter. CIBC Asset Management Inc now owns 5,231 shares of the semiconductor company’s stock worth $238,000 after buying an additional 171 shares during the last quarter. PNC Financial Services Group Inc. grew its position in 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 in the last quarter. Pallas Capital Advisors LLC grew its position in 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 in the last quarter. ProShare Advisors LLC grew its position in 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 in the last quarter. Finally, HighTower Advisors LLC increased its stake in 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 valued at $316,000 after acquiring an additional 205 shares during the last quarter. Hedge funds and other institutional investors own 98.22% of the company’s stock.

Analyst Upgrades and Downgrades

KLIC has been the topic of a number of research reports. Needham & Company LLC raised their price target on Kulicke and Soffa Industries from $70.00 to $105.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Weiss Ratings upgraded Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Finally, Zacks Research lowered Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 7th. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $59.25.

Insider Activity

In related news, SVP Nelson Munpun Wong sold 15,000 shares of the stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $113.72, for a total transaction of $1,705,800.00. Following the completion of the sale, the senior vice president directly owned 71,369 shares in the company, valued at $8,116,082.68. This represents a 17.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Peter T. M. Kong sold 1,551 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $110.00, for a total value of $170,610.00. Following the transaction, the director owned 100,009 shares in the company, valued at approximately $11,000,990. The trade was a 1.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 98,051 shares of company stock valued at $11,333,480. Company insiders own 1.20% of the company’s stock.

Kulicke and Soffa Industries Stock Performance

Shares of Kulicke and Soffa Industries stock opened at $106.49 on Tuesday. Kulicke and Soffa Industries, Inc. has a 52-week low of $31.32 and a 52-week high of $135.80. The stock has a market capitalization of $5.57 billion, a price-to-earnings ratio of 102.39 and a beta of 1.62. The company has a fifty day moving average of $110.20 and a 200-day moving average of $81.38.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.67 by $0.12. The company had revenue of $242.62 million for the quarter, compared to analyst estimates of $228.75 million. Kulicke and Soffa Industries had a net margin of 7.16% and a return on equity of 7.29%. The firm’s quarterly revenue was up 49.8% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.52) EPS. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. On average, equities research analysts forecast that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Thursday, June 18th were paid a dividend of $0.205 per share. This represents a $0.82 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, June 18th. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is 78.85%.

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.