Kulicke and Soffa Industries (NASDAQ:KLIC) Shares Gap Up – Should You Buy?

Shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLICGet Free Report) gapped up before the market opened on Friday . The stock had previously closed at $84.66, but opened at $89.57. Kulicke and Soffa Industries shares last traded at $87.7140, with a volume of 137,015 shares trading hands.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Weiss Ratings downgraded Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 6th. Wall Street Zen upgraded shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Zacks Research downgraded shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 7th. Finally, Needham & Company LLC upped their price target on shares of Kulicke and Soffa Industries from $64.00 to $70.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Kulicke and Soffa Industries presently has an average rating of “Hold” and a consensus target price of $50.50.

View Our Latest Report on Kulicke and Soffa Industries

Kulicke and Soffa Industries Stock Up 3.6%

The stock has a fifty day simple moving average of $70.53 and a 200 day simple moving average of $56.09. The firm has a market capitalization of $4.59 billion, a P/E ratio of -72.49 and a beta of 1.58.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last released 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 return on equity of 1.13% and a negative net margin of 9.40%.The business’s quarterly revenue was up 20.2% compared to the same quarter last year. During the same quarter in the prior 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. Research analysts anticipate that Kulicke and Soffa Industries, Inc. will post 2.22 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Thursday, March 19th were paid a $0.205 dividend. This represents a $0.82 annualized dividend and a yield of 0.9%. The ex-dividend date was Thursday, March 19th. Kulicke and Soffa Industries’s dividend payout ratio is presently -67.77%.

Insider Buying and Selling at Kulicke and Soffa Industries

In other news, Director Mui Sung Yeo sold 19,143 shares of Kulicke and Soffa Industries stock in a transaction that occurred on Friday, February 13th. The shares were 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 $5,652,013.56. This trade represents a 19.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director David Jeffrey Richardson sold 9,364 shares of the business’s stock in a transaction 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 completion of the transaction, the director directly owned 17,694 shares in the company, valued at $1,277,329.86. This trade represents a 34.61% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 76,405 shares of company stock worth $5,072,586. Insiders own 1.20% of the company’s stock.

Institutional Trading of Kulicke and Soffa Industries

Several hedge funds have recently bought and sold shares of KLIC. Advisory Services Network LLC bought a new position in shares of Kulicke and Soffa Industries during the 3rd quarter valued at about $29,000. Meeder Asset Management Inc. bought a new stake in shares of Kulicke and Soffa Industries in the fourth quarter worth about $30,000. Foster Dykema Cabot & Partners LLC purchased a new stake in shares of Kulicke and Soffa Industries in the third quarter worth about $33,000. EverSource Wealth Advisors LLC lifted its position in shares of Kulicke and Soffa Industries by 2,665.7% in the second quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock worth $33,000 after buying an additional 933 shares in the last quarter. Finally, Salomon & Ludwin LLC boosted its stake in Kulicke and Soffa Industries by 48.4% during the fourth 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. Hedge funds and other institutional investors own 98.22% of the company’s stock.

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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