166,825 Shares in Kulicke and Soffa Industries, Inc. $KLIC Acquired by Paradigm Capital Management Inc. NY

Paradigm Capital Management Inc. NY bought a new position in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) in the second quarter, HoldingsChannel reports. The fund bought 166,825 shares of the semiconductor company’s stock, valued at approximately $22,315,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Kingsview Wealth Management LLC acquired a new position in shares of Kulicke and Soffa Industries in the 4th quarter valued at $3,245,000. Louisiana State Employees Retirement System acquired a new position in Kulicke and Soffa Industries in the 1st quarter valued at about $1,525,000. Vanguard Group Inc. increased its holdings in shares of Kulicke and Soffa Industries by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 3,513,023 shares of the semiconductor company’s stock valued at $160,053,000 after purchasing an additional 20,535 shares during the period. Nano Cap New Millennium Growth Fund L P purchased a new position in Kulicke and Soffa Industries during the 4th quarter worth $911,000. Finally, Hsbc Holdings PLC purchased a new position in Kulicke and Soffa Industries during the fourth quarter worth about $535,000. 98.22% of the stock is owned by institutional investors and hedge funds.

Kulicke and Soffa Industries Price Performance

NASDAQ KLIC opened at $83.51 on Tuesday. Kulicke and Soffa Industries, Inc. has a 1-year low of $35.02 and a 1-year high of $135.80. The business’s 50-day simple moving average is $105.11 and its 200-day simple moving average is $90.01. The firm has a market capitalization of $4.37 billion, a P/E ratio of 38.48 and a beta of 1.67.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its earnings results on Wednesday, August 5th. The semiconductor company reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.06 by $0.14. Kulicke and Soffa Industries had a net margin of 12.18% and a return on equity of 14.39%. The business had revenue of $330.41 million for the quarter, compared to the consensus estimate of $308.50 million. During the same quarter last year, the firm posted $0.07 EPS. The business’s revenue for the quarter was up 122.6% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. On average, equities research analysts expect that Kulicke and Soffa Industries, Inc. will post 3.38 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Kulicke and Soffa Industries in a report on Friday, August 7th. Zacks Research raised Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 11th. Finally, Needham & Company LLC boosted their price objective on shares of Kulicke and Soffa Industries from $105.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $69.67.

Insider Buying and Selling at Kulicke and Soffa Industries

In other news, SVP Nelson Munpun Wong sold 15,000 shares of Kulicke and Soffa Industries stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $113.72, for a total transaction of $1,705,800.00. Following the sale, the senior vice president owned 71,369 shares in the company, valued at $8,116,082.68. This trade represents a 17.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Lester A. Wong sold 60,000 shares of Kulicke and Soffa Industries stock in a transaction 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 sale, the chief executive officer directly owned 50,743 shares in the company, valued at $6,175,930.53. This trade represents a 54.18% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 76,551 shares of company stock valued at $9,179,010 over the last 90 days. 1.20% of the stock is owned by corporate insiders.

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.