Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $81.56 and last traded at $81.4120, with a volume of 75806 shares trading hands. The stock had previously closed at $79.66.
Wall Street Analysts Forecast Growth
A number of brokerages have recently weighed in on KLIC. Wall Street Zen upgraded shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. Zacks Research lowered shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. Needham & Company LLC boosted their price objective on shares of Kulicke and Soffa Industries from $64.00 to $70.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Finally, Weiss Ratings lowered shares of Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, February 6th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Kulicke and Soffa Industries has a consensus rating of “Hold” and an average price target of $50.50.
View Our Latest Stock Analysis on KLIC
Kulicke and Soffa Industries Trading Up 2.8%
Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.11. The firm had revenue of $199.63 million during the quarter, compared to analyst estimates 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%. The business’s quarterly revenue was up 20.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.37 EPS. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. As a group, analysts expect 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 company also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Thursday, March 19th were issued a dividend of $0.205 per share. This represents a $0.82 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Thursday, March 19th. Kulicke and Soffa Industries’s dividend payout ratio is currently -67.77%.
Insider Activity at Kulicke and Soffa Industries
In related news, Director David Jeffrey Richardson sold 9,364 shares of the company’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $72.19, for a total transaction of $675,987.16. Following the completion of the sale, the director directly owned 17,694 shares in the company, valued at $1,277,329.86. This represents a 34.61% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Robert Nestor Chylak sold 7,098 shares of the company’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $73.28, for a total transaction of $520,141.44. Following the sale, the senior vice president owned 22,987 shares of the company’s stock, valued at $1,684,487.36. This represents a 23.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 76,605 shares of company stock worth $5,084,586 over the last ninety days. Insiders own 1.20% of the company’s stock.
Institutional Investors Weigh In On Kulicke and Soffa Industries
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KLIC. Advisory Services Network LLC bought a new stake in Kulicke and Soffa Industries during the 3rd quarter valued at $29,000. Meeder Asset Management Inc. bought a new stake in Kulicke and Soffa Industries during the 4th quarter valued at $30,000. Foster Dykema Cabot & Partners LLC bought a new stake in Kulicke and Soffa Industries during the 3rd quarter valued at $33,000. EverSource Wealth Advisors LLC raised its holdings in Kulicke and Soffa Industries by 2,665.7% during the 2nd 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 last quarter. Finally, Salomon & Ludwin LLC raised its holdings in Kulicke and Soffa Industries by 48.4% during the 4th quarter. Salomon & Ludwin LLC now owns 779 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 254 shares during the last quarter. 98.22% of the stock is currently owned by institutional investors.
Kulicke and Soffa Industries Company 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.
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