Kulicke and Soffa Industries (NASDAQ:KLIC) Shares Gap Up – What’s Next?

Kulicke and Soffa Industries, Inc. (NASDAQ:KLICGet Free Report)’s stock price gapped up prior to trading 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 traded.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Zacks Research downgraded shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 7th. 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. Needham & Company LLC boosted 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 note on Thursday, February 5th. Finally, Weiss Ratings downgraded shares of Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 6th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Kulicke and Soffa Industries currently has an average rating of “Hold” and a consensus price target of $50.50.

View Our Latest Report on Kulicke and Soffa Industries

Kulicke and Soffa Industries Stock Up 4.6%

The stock has a market capitalization of $4.63 billion, a PE ratio of -73.20 and a beta of 1.58. The business’s 50-day moving average is $70.21 and its two-hundred day moving average is $55.65.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last announced 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 net margin of 9.40% and a negative return on equity of 1.13%. The firm had revenue of $199.63 million during the quarter, compared to analysts’ expectations of $190.03 million. During the same period in the previous year, the company earned $0.37 earnings per share. Kulicke and Soffa Industries’s quarterly revenue was up 20.2% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. As a group, analysts anticipate that Kulicke and Soffa Industries, Inc. will post 2.22 EPS for the current year.

Kulicke and Soffa Industries Announces Dividend

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

Insiders Place Their Bets

In other news, SVP Nelson Munpun Wong sold 39,800 shares of the company’s stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $60.98, for a total value of $2,427,004.00. Following the completion of the sale, the senior vice president directly owned 86,369 shares of the company’s stock, valued at approximately $5,266,781.62. This represents a 31.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Robert Nestor Chylak sold 7,098 shares of the company’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $73.28, for a total transaction of $520,141.44. Following the completion of the sale, the senior vice president directly owned 22,987 shares of the company’s stock, valued at $1,684,487.36. The trade was a 23.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 76,405 shares of company stock valued at $5,072,586. 1.20% of the stock is owned by insiders.

Institutional Trading of Kulicke and Soffa Industries

Large investors have recently modified their holdings of the business. Meeder Asset Management Inc. purchased a new position in shares of Kulicke and Soffa Industries during the fourth quarter valued at approximately $30,000. Advisory Services Network LLC purchased a new position in Kulicke and Soffa Industries during the third quarter worth approximately $29,000. Salomon & Ludwin LLC raised 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 worth $35,000 after purchasing an additional 254 shares during the period. Foster Dykema Cabot & Partners LLC purchased a new position in Kulicke and Soffa Industries during the third quarter worth approximately $33,000. Finally, Kestra Advisory Services LLC purchased a new position in Kulicke and Soffa Industries during the fourth quarter worth approximately $39,000. 98.22% of the stock is currently owned by institutional investors and hedge funds.

Kulicke and Soffa Industries Company Profile

(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.

Further Reading

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