Robert Nestor Chylak Sells 7,098 Shares of Kulicke and Soffa Industries (NASDAQ:KLIC) Stock

Kulicke and Soffa Industries, Inc. (NASDAQ:KLICGet Free Report) SVP Robert Nestor Chylak sold 7,098 shares of the firm’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $73.28, for a total value of $520,141.44. Following the transaction, the senior vice president owned 22,987 shares of the company’s stock, valued at approximately $1,684,487.36. This represents a 23.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Kulicke and Soffa Industries Trading Up 0.0%

KLIC traded up $0.03 on Wednesday, hitting $74.87. 1,036,647 shares of the company were exchanged, compared to its average volume of 874,467. The firm has a 50-day moving average price of $54.03 and a two-hundred day moving average price of $44.20. Kulicke and Soffa Industries, Inc. has a twelve month low of $26.63 and a twelve month high of $77.50. The company has a market cap of $3.92 billion, a price-to-earnings ratio of -61.88 and a beta of 1.67.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The semiconductor company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.11. Kulicke and Soffa Industries had a negative return on equity of 1.13% and a negative net margin of 9.40%.The company had revenue of $199.63 million for the quarter, compared to analysts’ expectations of $190.03 million. During the same period last year, the firm earned $0.37 earnings per share. Kulicke and Soffa Industries’s quarterly 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. Equities analysts expect that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current year.

Kulicke and Soffa Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Thursday, December 18th were issued a $0.205 dividend. The ex-dividend date of this dividend was Thursday, December 18th. This represents a $0.82 annualized dividend and a dividend yield of 1.1%. Kulicke and Soffa Industries’s payout ratio is presently -67.77%.

Analyst Ratings Changes

A number of analysts have commented on the company. Weiss Ratings downgraded Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 6th. Needham & Company LLC boosted their price target on Kulicke and Soffa Industries from $64.00 to $70.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Zacks Research cut shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 20th. B. Riley Financial restated a “neutral” rating and set a $39.00 price target (up from $35.00) on shares of Kulicke and Soffa Industries in a research note on Friday, November 21st. Finally, DA Davidson reissued a “buy” rating and issued a $55.00 target price on shares of Kulicke and Soffa Industries in a research note on Friday, November 21st. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $50.50.

View Our Latest Stock Analysis on KLIC

Hedge Funds Weigh In On Kulicke and Soffa Industries

Several hedge funds and other institutional investors have recently made changes to their positions in KLIC. Creative Planning lifted its position in Kulicke and Soffa Industries by 63.3% in the second quarter. Creative Planning now owns 56,706 shares of the semiconductor company’s stock worth $1,962,000 after purchasing an additional 21,983 shares during the period. CloudAlpha Capital Management Limited Hong Kong purchased a new position in Kulicke and Soffa Industries in the 3rd quarter worth about $1,250,000. American Century Companies Inc. boosted its stake in Kulicke and Soffa Industries by 20.4% in the 2nd quarter. American Century Companies Inc. now owns 2,313,378 shares of the semiconductor company’s stock worth $80,043,000 after purchasing an additional 392,691 shares during the period. Summit Global Investments acquired a new stake in shares of Kulicke and Soffa Industries in the third quarter worth $1,346,000. Finally, Fort Washington Investment Advisors Inc. OH purchased a new position in Kulicke and Soffa Industries during the 3rd quarter valued at about $17,532,000. 98.22% of the stock is currently owned by institutional investors and hedge funds.

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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