Kulicke and Soffa Industries (NASDAQ:KLIC) General Counsel Sells $71,540.00 in Stock

Kulicke and Soffa Industries, Inc. (NASDAQ:KLICGet Free Report) General Counsel Zi Yao Lim sold 1,000 shares of the firm’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $71.54, for a total value of $71,540.00. Following the completion of the sale, the general counsel directly owned 22,714 shares in the company, valued at $1,624,959.56. This trade represents a 4.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Zi Yao Lim also recently made the following trade(s):

  • On Tuesday, December 2nd, Zi Yao Lim sold 1,000 shares of Kulicke and Soffa Industries stock. The stock was sold at an average price of $45.00, for a total value of $45,000.00.

Kulicke and Soffa Industries Trading Down 0.6%

KLIC opened at $71.62 on Friday. The company has a market cap of $3.75 billion, a P/E ratio of -59.19 and a beta of 1.67. The company’s 50 day moving average is $54.98 and its 200-day moving average is $44.64. Kulicke and Soffa Industries, Inc. has a 1-year low of $26.63 and a 1-year high of $77.50.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last released its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.11. Kulicke and Soffa Industries had a negative net margin of 9.40% and a negative return on equity of 1.13%. The business had revenue of $199.63 million during the quarter, compared to analysts’ expectations of $190.03 million. During the same period in the prior year, the company earned $0.37 EPS. The firm’s quarterly revenue was up 20.2% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. On average, equities analysts forecast that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current year.

Kulicke and Soffa Industries Announces Dividend

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

Hedge Funds Weigh In On Kulicke and Soffa Industries

A number of hedge funds have recently bought and sold shares of KLIC. CIBC Asset Management Inc boosted its position in Kulicke and Soffa Industries by 3.4% during the fourth quarter. CIBC Asset Management Inc now owns 5,231 shares of the semiconductor company’s stock valued at $238,000 after acquiring an additional 171 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Kulicke and Soffa Industries by 2.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,556 shares of the semiconductor company’s stock valued at $344,000 after purchasing an additional 172 shares during the period. Pallas Capital Advisors LLC boosted its position in shares of Kulicke and Soffa Industries by 2.6% during the 4th quarter. Pallas Capital Advisors LLC now owns 7,368 shares of the semiconductor company’s stock valued at $336,000 after purchasing an additional 190 shares in the last quarter. ProShare Advisors LLC grew its stake in Kulicke and Soffa Industries by 2.0% during the fourth quarter. ProShare Advisors LLC now owns 9,926 shares of the semiconductor company’s stock worth $452,000 after purchasing an additional 198 shares during the period. Finally, HighTower Advisors LLC increased its holdings in Kulicke and Soffa Industries by 3.0% in the fourth quarter. HighTower Advisors LLC now owns 6,929 shares of the semiconductor company’s stock worth $316,000 after purchasing an additional 205 shares in the last quarter. Institutional investors own 98.22% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on KLIC shares. Wall Street Zen raised Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Needham & Company LLC boosted their target price on shares of Kulicke and Soffa Industries from $64.00 to $70.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. DA Davidson reaffirmed a “buy” rating and set a $55.00 price target on shares of Kulicke and Soffa Industries in a research note on Friday, November 21st. 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. Finally, B. Riley Financial reaffirmed a “neutral” rating and set a $39.00 target price (up from $35.00) on shares of Kulicke and Soffa Industries in a research report on Friday, November 21st. Two equities research 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 data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $50.50.

Check Out Our Latest Stock Analysis on Kulicke and Soffa Industries

Kulicke and Soffa Industries Company Profile

(Get 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.

Further Reading

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

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