Kulicke and Soffa Industries (NASDAQ:KLIC) Rating Lowered to “Hold” at Zacks Research

Kulicke and Soffa Industries (NASDAQ:KLIC) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other brokerages also recently weighed in on KLIC. Wall Street Zen upgraded shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Weiss Ratings downgraded shares of Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 6th. Finally, Needham & Company LLC increased their price target on shares of Kulicke and Soffa Industries from $64.00 to $70.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $50.50.

Kulicke and Soffa Industries Trading Up 7.7%

Kulicke and Soffa Industries stock opened at $72.36 on Tuesday. The company has a market cap of $3.79 billion, a PE ratio of -59.80 and a beta of 1.58. The company’s 50-day moving average is $66.77 and its two-hundred day moving average is $52.70. Kulicke and Soffa Industries has a 1 year low of $27.62 and a 1 year high of $77.50.

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 for the quarter, beating analysts’ consensus estimates of $0.33 by $0.11. The business had revenue of $199.63 million for 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%. Kulicke and Soffa Industries’s revenue for the quarter was up 20.2% on a year-over-year basis. During the same period last year, the company posted $0.37 EPS. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. Research analysts forecast that Kulicke and Soffa Industries will post 0.93 EPS for the current year.

Insider Buying and Selling at Kulicke and Soffa Industries

In related news, SVP Nelson Munpun Wong sold 39,800 shares of the stock in a transaction that occurred on Thursday, February 5th. The stock was 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 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Robert Nestor Chylak sold 7,098 shares of the stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $73.28, for a total value of $520,141.44. Following the sale, the senior vice president directly owned 22,987 shares of the company’s stock, valued at approximately $1,684,487.36. The trade was a 23.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 106,605 shares of company stock worth $6,780,486 in the last quarter. Company insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On Kulicke and Soffa Industries

Several hedge funds have recently made changes to their positions in the business. Hsbc Holdings PLC bought a new position in shares of Kulicke and Soffa Industries during the 4th quarter worth approximately $535,000. Invesco Ltd. grew its stake in shares of Kulicke and Soffa Industries by 347.9% during the 4th quarter. Invesco Ltd. now owns 767,001 shares of the semiconductor company’s stock worth $34,945,000 after acquiring an additional 595,753 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its stake in shares of Kulicke and Soffa Industries by 35.0% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 9,024 shares of the semiconductor company’s stock worth $411,000 after acquiring an additional 2,340 shares in the last quarter. Vident Advisory LLC bought a new position in shares of Kulicke and Soffa Industries during the 4th quarter worth approximately $633,000. Finally, Zacks Investment Management bought a new position in shares of Kulicke and Soffa Industries during the 4th quarter worth approximately $3,700,000. 98.22% of the stock is owned by institutional investors.

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.