Kulicke and Soffa Industries (NASDAQ:KLIC) Director Sells $675,987.16 in Stock

Kulicke and Soffa Industries, Inc. (NASDAQ:KLICGet Free Report) Director David Jeffrey Richardson sold 9,364 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $72.19, for a total transaction of $675,987.16. Following the sale, the director owned 17,694 shares of the company’s stock, valued at $1,277,329.86. This represents a 34.61% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Kulicke and Soffa Industries Stock Performance

KLIC opened at $69.72 on Monday. Kulicke and Soffa Industries, Inc. has a one year low of $26.63 and a one year high of $77.50. The stock has a market capitalization of $3.65 billion, a PE ratio of -57.62 and a beta of 1.57. The business’s 50 day moving average price is $59.58 and its 200 day moving average price is $47.35.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last posted its earnings results on Wednesday, February 4th. The semiconductor company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.11. Kulicke and Soffa Industries had a negative return on equity of 1.13% and a negative net margin of 9.40%.The company had revenue of $199.63 million during the quarter, compared to analysts’ expectations of $190.03 million. During the same quarter last year, the firm earned $0.37 earnings per share. The firm’s quarterly revenue was up 20.2% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. As a group, equities research analysts forecast that Kulicke and Soffa Industries, Inc. will post 0.93 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Thursday, December 18th were given a $0.205 dividend. The ex-dividend date of this dividend was Thursday, December 18th. This represents a $0.82 dividend on an annualized basis and a yield of 1.2%. Kulicke and Soffa Industries’s dividend payout ratio is presently -67.77%.

Hedge Funds Weigh In On Kulicke and Soffa Industries

Several institutional investors have recently modified their holdings of the business. Vanguard Group Inc. raised its stake 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 acquiring an additional 20,535 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in Kulicke and Soffa Industries by 21.1% in the 2nd 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. American Century Companies Inc. boosted its stake in shares of Kulicke and Soffa Industries by 20.4% in the 2nd quarter. American Century Companies Inc. now owns 2,313,378 shares of the semiconductor company’s stock valued at $80,043,000 after buying an additional 392,691 shares during the period. Geode Capital Management LLC grew its position in shares of Kulicke and Soffa Industries by 0.8% during the second quarter. Geode Capital Management LLC now owns 1,280,025 shares of the semiconductor company’s stock worth $44,295,000 after buying an additional 10,722 shares in the last quarter. Finally, Morgan Stanley increased its stake 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 worth $56,054,000 after buying an additional 77,527 shares during the period. Institutional investors and hedge funds own 98.22% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on KLIC shares. DA Davidson reissued a “buy” rating and issued a $55.00 price target on shares of Kulicke and Soffa Industries in a research note on Friday, November 21st. Wall Street Zen raised Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Weiss Ratings lowered Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 6th. Zacks Research raised Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Finally, B. Riley Financial reiterated a “neutral” rating and issued a $39.00 price objective (up from $35.00) on shares of Kulicke and Soffa Industries in a report on Friday, November 21st. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Kulicke and Soffa Industries has a consensus rating of “Moderate Buy” and an average price target of $50.50.

Check Out Our Latest Research Report on Kulicke and Soffa Industries

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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