Principal Financial Group Inc. Sells 9,694 Shares of Kulicke and Soffa Industries, Inc. $KLIC

Principal Financial Group Inc. trimmed its stake in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 3.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 251,996 shares of the semiconductor company’s stock after selling 9,694 shares during the period. Principal Financial Group Inc.’s holdings in Kulicke and Soffa Industries were worth $10,241,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in KLIC. True Wealth Design LLC lifted its stake in shares of Kulicke and Soffa Industries by 7,609.1% in the second quarter. True Wealth Design LLC now owns 848 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 837 shares during the period. EverSource Wealth Advisors LLC raised its holdings in 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 acquiring an additional 933 shares in the last quarter. Federated Hermes Inc. lifted its position in shares of Kulicke and Soffa Industries by 814.8% in the 3rd quarter. Federated Hermes Inc. now owns 1,052 shares of the semiconductor company’s stock worth $43,000 after acquiring an additional 937 shares during the period. Covestor Ltd grew its holdings in shares of Kulicke and Soffa Industries by 57.3% during the 3rd quarter. Covestor Ltd now owns 1,858 shares of the semiconductor company’s stock worth $76,000 after purchasing an additional 677 shares in the last quarter. Finally, Osaic Holdings Inc. grew its holdings in shares of Kulicke and Soffa Industries by 31.3% during the 2nd quarter. Osaic Holdings Inc. now owns 2,763 shares of the semiconductor company’s stock worth $95,000 after purchasing an additional 659 shares in the last quarter. Institutional investors and hedge funds own 98.22% of the company’s stock.

Insider Buying and Selling at Kulicke and Soffa Industries

In other Kulicke and Soffa Industries news, SVP Nelson Munpun Wong sold 39,800 shares of the company’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $60.98, for a total transaction of $2,427,004.00. Following the completion of the sale, the senior vice president owned 86,369 shares in the company, valued at approximately $5,266,781.62. The trade was a 31.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Robert Nestor Chylak sold 7,098 shares of the stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $73.28, for a total value of $520,141.44. Following the completion of the transaction, the senior vice president directly owned 22,987 shares in the company, valued at approximately $1,684,487.36. This trade represents a 23.59% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 84,102 shares of company stock valued at $5,022,136. 1.20% of the stock is currently owned by insiders.

Kulicke and Soffa Industries Stock Performance

Shares of NASDAQ:KLIC opened at $72.08 on Friday. The company’s fifty day moving average is $54.52 and its 200-day moving average is $44.39. Kulicke and Soffa Industries, Inc. has a 52 week low of $26.63 and a 52 week high of $77.50. The company has a market capitalization of $3.77 billion, a PE ratio of -59.57 and a beta of 1.67.

Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its quarterly earnings results on Wednesday, February 4th. The semiconductor company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.11. The firm had revenue of $199.63 million during the quarter, compared to the consensus estimate of $190.03 million. Kulicke and Soffa Industries had a negative net margin of 9.40% and a negative return on equity of 1.13%. The firm’s quarterly revenue was up 20.2% on a year-over-year basis. During the same period last year, the firm posted $0.37 EPS. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. On average, analysts forecast that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current year.

Kulicke and Soffa Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Thursday, December 18th were paid a $0.205 dividend. The ex-dividend date of this dividend was Thursday, December 18th. This represents a $0.82 dividend on an annualized basis and a yield of 1.1%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is presently -67.77%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on KLIC. Wall Street Zen raised Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Weiss Ratings cut shares of Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 6th. DA Davidson reiterated a “buy” rating and set a $55.00 target price on shares of Kulicke and Soffa Industries in a research report on Friday, November 21st. Needham & Company LLC upped their target price on shares of Kulicke and Soffa Industries from $64.00 to $70.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Finally, Zacks Research cut shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 20th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $50.50.

Kulicke and Soffa Industries Profile

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.