Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Director Garrett E. Pierce sold 738 shares of Kulicke and Soffa Industries stock in a transaction dated Monday, January 9th. The shares were sold at an average price of $16.29, for a total transaction of $12,022.02. Following the sale, the director now directly owns 118,299 shares in the company, valued at approximately $1,927,090.71. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) opened at 16.81 on Friday. Kulicke and Soffa Industries, Inc. has a 12 month low of $9.63 and a 12 month high of $16.89. The company’s 50-day moving average is $16.15 and its 200-day moving average is $13.67. The stock has a market capitalization of $1.19 billion, a PE ratio of 25.16 and a beta of 1.27.

Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its earnings results on Tuesday, November 15th. The company reported $0.15 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.04. Kulicke and Soffa Industries had a net margin of 7.51% and a return on equity of 6.04%. The business had revenue of $145.80 million for the quarter, compared to the consensus estimate of $140.09 million. During the same quarter in the prior year, the firm posted $0.13 earnings per share. The business’s revenue for the quarter was up 22.3% on a year-over-year basis. Equities research analysts forecast that Kulicke and Soffa Industries, Inc. will post $0.89 EPS for the current year.

Insider Buying and Selling by Quarter for Kulicke and Soffa Industries (NASDAQ:KLIC)

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A number of brokerages have recently weighed in on KLIC. Standpoint Research cut shares of Kulicke and Soffa Industries from a “buy” rating to a “hold” rating in a research report on Friday, November 18th. TheStreet raised shares of Kulicke and Soffa Industries from a “hold” rating to a “buy” rating in a research report on Thursday, December 1st. Finally, B. Riley reissued a “buy” rating and set a $18.00 price target on shares of Kulicke and Soffa Industries in a research report on Monday, November 21st.

Large investors have recently made changes to their positions in the stock. LSV Asset Management increased its stake in shares of Kulicke and Soffa Industries by 21.0% in the third quarter. LSV Asset Management now owns 3,405,195 shares of the company’s stock valued at $44,029,000 after buying an additional 590,500 shares in the last quarter. Systematic Financial Management LP purchased a new stake in shares of Kulicke and Soffa Industries during the second quarter valued at $4,616,000. Matarin Capital Management LLC bought a new position in Kulicke and Soffa Industries during the third quarter worth approximately $4,899,000. JPMorgan Chase & Co. boosted its position in Kulicke and Soffa Industries by 71.1% in the third quarter. JPMorgan Chase & Co. now owns 830,157 shares of the company’s stock worth $10,733,000 after buying an additional 345,035 shares during the last quarter. Finally, Emerald Acquisition Ltd. bought a new position in Kulicke and Soffa Industries during the second quarter worth approximately $3,587,000. 82.54% of the stock is currently owned by institutional investors and hedge funds.

Kulicke and Soffa Industries Company Profile

Kulicke and Soffa Industries, Inc designs, manufactures and sells capital equipment and expendable tools, as well as services, maintains, repairs and upgrades equipment, all used to assemble semiconductor devices. The Company supplies a range of bonding equipment. The Company operates through two segments: Equipment and Expendable Tools.

5 Day Chart for NASDAQ:KLIC

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