JPMorgan Chase & Co. Sells 163,538 Shares of Kulicke and Soffa Industries, Inc. $KLIC

JPMorgan Chase & Co. lowered its holdings in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 43.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 215,060 shares of the semiconductor company’s stock after selling 163,538 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.41% of Kulicke and Soffa Industries worth $8,740,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company grew its holdings in Kulicke and Soffa Industries by 21.1% during 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 buying an additional 409,116 shares in the last quarter. Invesco Ltd. raised its position in shares of Kulicke and Soffa Industries by 5.5% during the second quarter. Invesco Ltd. now owns 718,632 shares of the semiconductor company’s stock valued at $24,865,000 after buying an additional 37,225 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its holdings in shares of Kulicke and Soffa Industries by 541.4% in the third quarter. Jacobs Levy Equity Management Inc. now owns 665,295 shares of the semiconductor company’s stock worth $27,038,000 after buying an additional 561,571 shares in the last quarter. Fort Washington Investment Advisors Inc. OH purchased a new position in shares of Kulicke and Soffa Industries in the third quarter worth $17,532,000. Finally, Russell Investments Group Ltd. boosted its position in shares of Kulicke and Soffa Industries by 54.9% during the third quarter. Russell Investments Group Ltd. now owns 350,995 shares of the semiconductor company’s stock worth $14,265,000 after acquiring an additional 124,425 shares during the last quarter. Institutional investors own 98.22% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on KLIC. Needham & Company LLC raised their target price on shares of 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. Weiss Ratings downgraded shares of 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, Zacks Research raised Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $50.50.

Insider Transactions at Kulicke and Soffa Industries

In related news, General Counsel Zi Yao Lim sold 1,000 shares of Kulicke and Soffa Industries stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $71.54, for a total value of $71,540.00. Following the completion of the transaction, the general counsel owned 22,714 shares in the company, valued at approximately $1,624,959.56. This trade represents a 4.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Mui Sung Yeo sold 19,143 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $71.98, for a total value of $1,377,913.14. Following the sale, the director directly owned 78,522 shares in the company, valued at $5,652,013.56. The trade was a 19.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 106,605 shares of company stock worth $6,780,486 in the last quarter. Company insiders own 1.20% of the company’s stock.

Kulicke and Soffa Industries Stock Performance

KLIC stock opened at $64.68 on Monday. The firm has a fifty day moving average price of $65.51 and a 200 day moving average price of $51.35. Kulicke and Soffa Industries, Inc. has a fifty-two week low of $26.63 and a fifty-two week high of $77.50. The firm has a market cap of $3.38 billion, a PE ratio of -53.45 and a beta of 1.57.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its quarterly 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. 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 for the quarter, compared to the consensus estimate of $190.03 million. During the same quarter in the prior year, the firm earned $0.37 earnings per share. Kulicke and Soffa Industries’s revenue 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, equities analysts predict that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current year.

Kulicke and Soffa Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Thursday, March 19th will be issued a $0.205 dividend. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 1.3%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is presently -67.77%.

Kulicke and Soffa Industries 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.