Kulicke and Soffa Industries, Inc. $KLIC Shares Sold by American Century Companies Inc.

American Century Companies Inc. reduced its position in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 25.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,723,382 shares of the semiconductor company’s stock after selling 589,996 shares during the quarter. American Century Companies Inc. owned approximately 3.30% of Kulicke and Soffa Industries worth $70,038,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of KLIC. True Wealth Design LLC boosted its stake in shares of Kulicke and Soffa Industries by 7,609.1% in the second 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. EverSource Wealth Advisors LLC lifted 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 worth $33,000 after buying an additional 933 shares in the last quarter. Federated Hermes Inc. boosted its position in Kulicke and Soffa Industries by 814.8% in the 3rd quarter. Federated Hermes Inc. now owns 1,052 shares of the semiconductor company’s stock valued at $43,000 after buying an additional 937 shares during the period. Smartleaf Asset Management LLC grew its stake in shares of Kulicke and Soffa Industries by 42.0% in the third quarter. Smartleaf Asset Management LLC now owns 1,667 shares of the semiconductor company’s stock worth $68,000 after acquiring an additional 493 shares in the last quarter. Finally, Covestor Ltd increased its position in shares of Kulicke and Soffa Industries by 57.3% during the third quarter. Covestor Ltd now owns 1,858 shares of the semiconductor company’s stock worth $76,000 after acquiring an additional 677 shares during the period. 98.22% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Kulicke and Soffa Industries news, Director David Jeffrey Richardson sold 9,364 shares of Kulicke and Soffa Industries 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 transaction, the director owned 17,694 shares of the company’s stock, valued at $1,277,329.86. The trade was a 34.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, General Counsel Zi Yao Lim sold 1,000 shares of the business’s stock in a transaction that occurred 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 represents a 4.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 111,609 shares of company stock worth $7,031,036 over the last ninety days. 1.20% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. DA Davidson reiterated a “buy” rating and issued a $55.00 price objective on shares of Kulicke and Soffa Industries in a research note on Friday, November 21st. B. Riley Financial reaffirmed a “neutral” rating and issued a $39.00 price target (up from $35.00) on shares of Kulicke and Soffa Industries in a research report on Friday, November 21st. Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Needham & Company LLC boosted their price objective on 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. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Kulicke and Soffa Industries presently has an average rating of “Moderate Buy” and a consensus target price of $50.50.

Kulicke and Soffa Industries Price Performance

Shares of NASDAQ:KLIC opened at $67.75 on Thursday. Kulicke and Soffa Industries, Inc. has a 12 month low of $26.63 and a 12 month high of $77.50. The firm has a market capitalization of $3.55 billion, a P/E ratio of -55.99 and a beta of 1.58. The company’s fifty day moving average price is $60.89 and its 200 day moving average price is $47.93.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.11. Kulicke and Soffa Industries had a negative net margin of 9.40% and a negative return on equity of 1.13%. The company had revenue of $199.63 million during the quarter, compared to the consensus estimate of $190.03 million. During the same quarter in the prior year, the firm posted $0.37 earnings per share. Kulicke and Soffa Industries’s revenue for the quarter was up 20.2% on a year-over-year basis. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. On average, sell-side analysts anticipate that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current year.

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.