Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Get Free Report) Director Mui Sung Yeo sold 20,000 shares of the company’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $100.00, for a total value of $2,000,000.00. Following the completion of the sale, the director owned 59,197 shares of the company’s stock, valued at approximately $5,919,700. This trade represents a 25.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Kulicke and Soffa Industries Price Performance
Shares of Kulicke and Soffa Industries stock traded down $0.14 during trading on Thursday, hitting $101.09. The stock had a trading volume of 836,020 shares, compared to its average volume of 915,175. Kulicke and Soffa Industries, Inc. has a fifty-two week low of $31.21 and a fifty-two week high of $107.01. The firm has a market cap of $5.29 billion, a P/E ratio of 97.20 and a beta of 1.66. The business has a fifty day moving average of $79.94 and a two-hundred day moving average of $62.95.
Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last announced its earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.67 by $0.12. Kulicke and Soffa Industries had a return on equity of 7.29% and a net margin of 7.16%.The business had revenue of $242.62 million during the quarter, compared to the consensus estimate of $228.75 million. During the same period in the prior year, the business posted ($0.52) earnings per share. Kulicke and Soffa Industries’s revenue was up 49.8% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. As a group, research analysts forecast that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share for the current year.
Kulicke and Soffa Industries Dividend Announcement
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the business. Invesco Ltd. increased its position in Kulicke and Soffa Industries by 347.9% in the 4th quarter. Invesco Ltd. now owns 767,001 shares of the semiconductor company’s stock worth $34,945,000 after purchasing an additional 595,753 shares during the last quarter. Jacobs Levy Equity Management Inc. increased its position in Kulicke and Soffa Industries by 541.4% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 665,295 shares of the semiconductor company’s stock worth $27,038,000 after purchasing an additional 561,571 shares during the last quarter. Bank of New York Mellon Corp increased its position in Kulicke and Soffa Industries by 125.0% in the 1st quarter. Bank of New York Mellon Corp now owns 926,915 shares of the semiconductor company’s stock worth $60,917,000 after purchasing an additional 514,983 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in Kulicke and Soffa Industries by 21.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,348,020 shares of the semiconductor company’s stock worth $81,241,000 after purchasing an additional 409,116 shares during the last quarter. Finally, AQR Capital Management LLC increased its position in Kulicke and Soffa Industries by 549.8% in the 2nd quarter. AQR Capital Management LLC now owns 321,313 shares of the semiconductor company’s stock worth $11,117,000 after purchasing an additional 271,868 shares during the last quarter. 98.22% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on KLIC shares. Zacks Research raised Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Weiss Ratings raised Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Needham & Company LLC upped their target price on Kulicke and Soffa Industries from $70.00 to $105.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Finally, Wall Street Zen raised Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $59.25.
Get Our Latest Analysis 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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