Jupiter Topco LLC Takes $5.25 Million Position in Kulicke and Soffa Industries, Inc. $KLIC

Jupiter Topco LLC purchased a new stake in Kulicke and Soffa Industries, Inc. (NASDAQ:KLICFree Report) in the second quarter, Holdings Channel reports. The firm purchased 39,261 shares of the semiconductor company’s stock, valued at approximately $5,252,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada raised its position in Kulicke and Soffa Industries by 10.0% during the 1st quarter. Royal Bank of Canada now owns 64,220 shares of the semiconductor company’s stock valued at $2,118,000 after purchasing an additional 5,836 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Kulicke and Soffa Industries by 168.8% during the 1st quarter. AQR Capital Management LLC now owns 49,445 shares of the semiconductor company’s stock worth $1,631,000 after buying an additional 31,048 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Kulicke and Soffa Industries by 2.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,080 shares of the semiconductor company’s stock valued at $1,025,000 after buying an additional 877 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Kulicke and Soffa Industries by 8.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 155,842 shares of the semiconductor company’s stock valued at $5,140,000 after buying an additional 11,522 shares during the period. Finally, Jane Street Group LLC raised its holdings in shares of Kulicke and Soffa Industries by 55.7% in the first quarter. Jane Street Group LLC now owns 66,898 shares of the semiconductor company’s stock valued at $2,206,000 after acquiring an additional 23,923 shares in the last quarter. Institutional investors own 98.22% of the company’s stock.

Insider Transactions at Kulicke and Soffa Industries

In related news, SVP Nelson Munpun Wong sold 15,000 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $113.72, for a total transaction of $1,705,800.00. Following the completion of the sale, the senior vice president owned 71,369 shares of the company’s stock, valued at $8,116,082.68. This represents a 17.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Peter T. M. Kong sold 1,551 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $110.00, for a total transaction of $170,610.00. Following the completion of the sale, the director owned 100,009 shares of the company’s stock, valued at approximately $11,000,990. This trade represents a 1.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 76,551 shares of company stock valued at $9,179,010 in the last 90 days. Insiders own 1.20% of the company’s stock.

Kulicke and Soffa Industries Price Performance

Shares of NASDAQ KLIC opened at $80.06 on Tuesday. The stock has a market capitalization of $4.19 billion, a P/E ratio of 36.89 and a beta of 1.67. Kulicke and Soffa Industries, Inc. has a 1-year low of $35.02 and a 1-year high of $135.80. The business has a fifty day moving average price of $101.38 and a 200 day moving average price of $90.53.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last posted its earnings results on Wednesday, August 5th. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.14. Kulicke and Soffa Industries had a return on equity of 14.39% and a net margin of 12.18%.The company had revenue of $330.41 million for the quarter, compared to analyst estimates of $308.50 million. During the same quarter in the previous year, the firm earned $0.07 earnings per share. The firm’s quarterly revenue was up 122.6% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. As a group, equities research analysts anticipate that Kulicke and Soffa Industries, Inc. will post 3.38 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Stockholders of record on Thursday, September 17th will be issued a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Thursday, September 17th. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is currently 37.79%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Needham & Company LLC upped their price objective on shares of Kulicke and Soffa Industries from $105.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Weiss Ratings restated a “hold (c)” rating on shares of Kulicke and Soffa Industries in a report on Friday, August 7th. Finally, Zacks Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $69.67.

View Our Latest Stock Analysis on KLIC

Kulicke and Soffa Industries Profile

(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.

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Institutional Ownership by Quarter for Kulicke and Soffa Industries (NASDAQ:KLIC)

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