60,027 Shares in Kulicke and Soffa Industries, Inc. $KLIC Purchased by Grandeur Peak Global Advisors LLC

Grandeur Peak Global Advisors LLC purchased a new position in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) during the second quarter, Holdings Channel reports. The firm purchased 60,027 shares of the semiconductor company’s stock, valued at approximately $4,839,000. Kulicke and Soffa Industries accounts for approximately 1.0% of Grandeur Peak Global Advisors LLC’s investment portfolio, making the stock its 25th largest holding.

Several other institutional investors also recently bought and sold shares of KLIC. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Kulicke and Soffa Industries in the second quarter valued at approximately $28,000. Kilter Group LLC purchased a new position in shares of Kulicke and Soffa Industries during the 2nd quarter valued at approximately $42,000. Summit Securities Group LLC purchased a new position in shares of Kulicke and Soffa Industries during the 1st quarter valued at approximately $26,000. Meeder Asset Management Inc. acquired a new stake in Kulicke and Soffa Industries in the 4th quarter valued at $30,000. Finally, USA Financial Formulas purchased a new stake in Kulicke and Soffa Industries in the 1st quarter worth $44,000. 98.22% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on KLIC. Weiss Ratings restated a “hold (c)” rating on shares of Kulicke and Soffa Industries in a research report on Friday, August 7th. Zacks Research raised shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 11th. Finally, Needham & Company LLC upped their price target on shares of Kulicke and Soffa Industries from $105.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. 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 data from MarketBeat, Kulicke and Soffa Industries presently has a consensus rating of “Moderate Buy” and a consensus price target of $69.67.

Kulicke and Soffa Industries Stock Down 0.2%

Kulicke and Soffa Industries stock opened at $84.67 on Friday. The company has a fifty day simple moving average of $103.08 and a 200-day simple moving average of $90.44. The firm has a market capitalization of $4.43 billion, a price-to-earnings ratio of 39.02 and a beta of 1.67. Kulicke and Soffa Industries, Inc. has a 52-week low of $35.02 and a 52-week high of $135.80.

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

Kulicke and Soffa Industries Dividend Announcement

The business 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 dividend of $0.205 per share. This represents a $0.82 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Thursday, September 17th. Kulicke and Soffa Industries’s payout ratio is currently 37.79%.

Insider Activity

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

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.