Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $50.76 and traded as high as $68.34. Kulicke and Soffa Industries shares last traded at $68.04, with a volume of 532,985 shares trading hands.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the company. Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Weiss Ratings lowered Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, February 6th. Wall Street Zen upgraded Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Finally, Needham & Company LLC upped their target price on Kulicke and Soffa Industries from $64.00 to $70.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $50.50.
Check Out Our Latest Report on Kulicke and Soffa Industries
Kulicke and Soffa Industries Stock Up 4.2%
Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last posted its earnings results on Wednesday, February 4th. The semiconductor company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.11. The company had revenue of $199.63 million during the quarter, compared to analysts’ expectations of $190.03 million. Kulicke and Soffa Industries had a negative net margin of 9.40% and a negative return on equity of 1.13%. Kulicke and Soffa Industries’s quarterly revenue was up 20.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.37 earnings per share. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. As a group, equities research analysts anticipate that Kulicke and Soffa Industries, Inc. will post 0.93 earnings per share for the current year.
Kulicke and Soffa Industries Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Thursday, March 19th will be given a $0.205 dividend. The ex-dividend date is Thursday, March 19th. This represents a $0.82 annualized dividend and a yield of 1.2%. Kulicke and Soffa Industries’s payout ratio is presently -67.77%.
Insider Buying and Selling
In other news, Director Mui Sung Yeo sold 19,143 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $71.98, for a total transaction of $1,377,913.14. Following the sale, the director owned 78,522 shares in the company, valued at approximately $5,652,013.56. This represents a 19.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, General Counsel Zi Yao Lim sold 1,000 shares of the firm’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $71.54, for a total value of $71,540.00. Following the completion of the sale, the general counsel owned 22,714 shares of the company’s stock, valued at approximately $1,624,959.56. This trade represents a 4.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 106,605 shares of company stock valued at $6,780,486. Insiders own 1.20% of the company’s stock.
Hedge Funds Weigh In On Kulicke and Soffa Industries
A number of institutional investors have recently modified their holdings of the stock. Royal Bank of Canada grew its stake in shares of Kulicke and Soffa Industries by 10.0% during the first quarter. Royal Bank of Canada now owns 64,220 shares of the semiconductor company’s stock valued at $2,118,000 after purchasing an additional 5,836 shares during the last quarter. AQR Capital Management LLC raised its position in Kulicke and Soffa Industries by 168.8% in the 1st quarter. AQR Capital Management LLC now owns 49,445 shares of the semiconductor company’s stock worth $1,631,000 after purchasing an additional 31,048 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Kulicke and Soffa Industries by 2.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,080 shares of the semiconductor company’s stock worth $1,025,000 after buying an additional 877 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Kulicke and Soffa Industries by 8.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 155,842 shares of the semiconductor company’s stock valued at $5,140,000 after buying an additional 11,522 shares during the last quarter. Finally, Jane Street Group LLC boosted its position in Kulicke and Soffa Industries by 55.7% in the 1st quarter. Jane Street Group LLC now owns 66,898 shares of the semiconductor company’s stock valued at $2,206,000 after buying an additional 23,923 shares during the last quarter. 98.22% of the stock is owned by institutional investors.
About Kulicke and Soffa Industries
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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