Copeland Capital Management LLC Sells 85,447 Shares of Kulicke and Soffa Industries, Inc. $KLIC

Copeland Capital Management LLC lessened its position in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLICFree Report) by 5.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,560,061 shares of the semiconductor company’s stock after selling 85,447 shares during the quarter. Kulicke and Soffa Industries accounts for 1.3% of Copeland Capital Management LLC’s portfolio, making the stock its 23rd biggest holding. Copeland Capital Management LLC owned 2.99% of Kulicke and Soffa Industries worth $63,401,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. True Wealth Design LLC grew its stake in shares of Kulicke and Soffa Industries by 7,609.1% during the 2nd quarter. True Wealth Design LLC now owns 848 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 837 shares during the period. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Kulicke and Soffa Industries by 789.4% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 925 shares of the semiconductor company’s stock worth $32,000 after buying an additional 821 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in Kulicke and Soffa Industries by 2,665.7% during the second quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock valued at $33,000 after buying an additional 933 shares during the period. Ameritas Advisory Services LLC purchased a new stake in Kulicke and Soffa Industries during the second quarter valued at approximately $34,000. Finally, Signaturefd LLC increased its holdings in Kulicke and Soffa Industries by 404.2% during the second quarter. Signaturefd LLC now owns 2,304 shares of the semiconductor company’s stock valued at $80,000 after buying an additional 1,847 shares during the last quarter. 98.22% of the stock is owned by hedge funds and other institutional investors.

Kulicke and Soffa Industries Trading Down 1.0%

Shares of KLIC opened at $46.29 on Tuesday. The business’s 50 day moving average is $42.82 and its 200 day moving average is $39.18. Kulicke and Soffa Industries, Inc. has a 12-month low of $26.63 and a 12-month high of $50.19. The company has a market capitalization of $2.42 billion, a PE ratio of -2,313.34 and a beta of 1.63.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last announced its quarterly earnings data on Wednesday, November 19th. The semiconductor company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.06. The business had revenue of $177.56 million during the quarter, compared to analyst estimates of $169.84 million. Kulicke and Soffa Industries had a net margin of 0.03% and a negative return on equity of 1.64%. The company’s revenue was down 2.1% on a year-over-year basis. During the same period last year, the firm posted $0.34 EPS. Kulicke and Soffa Industries has set its Q1 2026 guidance at 0.297-0.363 EPS. Equities research analysts predict that Kulicke and Soffa Industries, Inc. will post 0.93 earnings per share for the current year.

Kulicke and Soffa Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 6th. Shareholders of record on Thursday, December 18th will be issued a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Thursday, December 18th. Kulicke and Soffa Industries’s payout ratio is currently -4,100.00%.

Insiders Place Their Bets

In other news, SVP Nelson Munpun Wong sold 5,004 shares of the firm’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $50.07, for a total transaction of $250,550.28. Following the completion of the transaction, the senior vice president owned 156,369 shares in the company, valued at $7,829,395.83. This trade represents a 3.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, General Counsel Zi Yao Lim sold 1,000 shares of the business’s stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $45.00, for a total value of $45,000.00. Following the completion of the sale, the general counsel owned 23,714 shares in the company, valued at $1,067,130. This represents a 4.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 3.40% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on KLIC shares. Zacks Research raised shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 24th. Wall Street Zen upgraded Kulicke and Soffa Industries from a “hold” rating to a “buy” rating in a research report on Saturday, November 22nd. DA Davidson reissued a “buy” rating and set a $55.00 price target on shares of Kulicke and Soffa Industries in a report on Friday, November 21st. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Kulicke and Soffa Industries in a research note on Monday, December 22nd. Finally, Needham & Company LLC lifted their price objective on Kulicke and Soffa Industries from $40.00 to $46.00 and gave the company a “buy” rating in a research report on Friday, November 21st. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Kulicke and Soffa Industries currently has an average rating of “Moderate Buy” and a consensus price target of $44.50.

Read Our Latest Report on Kulicke and Soffa Industries

About Kulicke and Soffa Industries

(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.

Further Reading

Institutional Ownership by Quarter for Kulicke and Soffa Industries (NASDAQ:KLIC)

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