Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Get Free Report) Director Peter Kong sold 1,551 shares of Kulicke and Soffa Industries stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $110.00, for a total transaction of $170,610.00. Following the completion of the transaction, the director directly owned 100,009 shares in the company, valued at approximately $11,000,990. The trade was a 1.53% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Kulicke and Soffa Industries Price Performance
NASDAQ:KLIC traded up $2.73 during trading hours on Friday, hitting $114.55. 147,919 shares of the company were exchanged, compared to its average volume of 765,579. The stock has a market capitalization of $5.99 billion, a price-to-earnings ratio of 109.85 and a beta of 1.70. Kulicke and Soffa Industries, Inc. has a 52-week low of $31.32 and a 52-week high of $115.00. The company’s 50 day moving average price is $91.81 and its 200-day moving average price is $70.00.
Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last released its earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.12. The company had revenue of $242.62 million for the quarter, compared to the consensus estimate of $228.75 million. Kulicke and Soffa Industries had a net margin of 7.16% and a return on equity of 7.29%. Kulicke and Soffa Industries’s revenue was up 49.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.52) EPS. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. On average, equities analysts predict that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share for the current year.
Kulicke and Soffa Industries Dividend Announcement
Institutional Trading of Kulicke and Soffa Industries
Several institutional investors and hedge funds have recently bought and sold shares of the business. Summit Securities Group LLC acquired a new position in shares of Kulicke and Soffa Industries in the 1st quarter valued at $26,000. Advisory Services Network LLC acquired a new position in shares of Kulicke and Soffa Industries in the 3rd quarter valued at $29,000. Meeder Asset Management Inc. acquired a new position in shares of Kulicke and Soffa Industries in the 4th quarter valued at $30,000. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Kulicke and Soffa Industries in the 3rd quarter valued at $33,000. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Kulicke and Soffa Industries by 2,665.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 933 shares during the period. 98.22% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several brokerages have commented on KLIC. Needham & Company LLC lifted their price objective on shares of Kulicke and Soffa Industries from $70.00 to $105.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Zacks Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Finally, Weiss Ratings upgraded shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $59.25.
Read Our Latest Report on Kulicke and Soffa Industries
About Kulicke and Soffa Industries
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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