Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Get Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $38.49 and traded as high as $47.06. Kulicke and Soffa Industries shares last traded at $45.61, with a volume of 612,025 shares trading hands.
Wall Street Analyst Weigh In
KLIC has been the subject of several analyst reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Kulicke and Soffa Industries in a report on Monday. Wall Street Zen upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “buy” rating in a research note on Saturday, November 22nd. DA Davidson reissued a “buy” rating and issued a $55.00 target price on shares of Kulicke and Soffa Industries in a report on Friday, November 21st. Needham & Company LLC lifted their price target on Kulicke and Soffa Industries from $40.00 to $46.00 and gave the stock a “buy” rating in a report on Friday, November 21st. Finally, Zacks Research raised Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 24th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Kulicke and Soffa Industries currently has a consensus rating of “Moderate Buy” and an average target price of $44.50.
Get Our Latest Stock Analysis on KLIC
Kulicke and Soffa Industries Stock Performance
Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last announced its quarterly earnings results on Wednesday, November 19th. The semiconductor company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.06. The firm had revenue of $177.56 million during the quarter, compared to analysts’ expectations of $169.84 million. Kulicke and Soffa Industries had a net margin of 0.03% and a negative return on equity of 1.64%. Kulicke and Soffa Industries’s quarterly revenue was down 2.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.34 earnings per share. Kulicke and Soffa Industries has set its Q1 2026 guidance at 0.297-0.363 EPS. Analysts expect that Kulicke and Soffa Industries, Inc. will post 0.93 earnings per share for the current year.
Kulicke and Soffa Industries Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 6th. Shareholders of record on Thursday, December 18th will be paid a $0.205 dividend. This represents a $0.82 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Thursday, December 18th. Kulicke and Soffa Industries’s payout ratio is currently -4,100.00%.
Insider Buying and Selling at Kulicke and Soffa Industries
In other news, SVP Nelson Munpun Wong sold 5,004 shares of the business’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $50.07, for a total transaction of $250,550.28. Following the transaction, the senior vice president directly owned 156,369 shares in the company, valued at $7,829,395.83. The trade was a 3.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, General Counsel Zi Yao Lim sold 1,000 shares of the business’s stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $45.00, for a total transaction of $45,000.00. Following the transaction, the general counsel owned 23,714 shares in the company, valued at approximately $1,067,130. This trade represents a 4.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 3.40% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Kulicke and Soffa Industries
A number of large investors have recently modified their holdings of the business. CIBC Bancorp USA Inc. acquired a new stake in shares of Kulicke and Soffa Industries in the 3rd quarter valued at approximately $223,000. Advisory Services Network LLC acquired a new stake in Kulicke and Soffa Industries in the third quarter valued at $29,000. Jacobs Levy Equity Management Inc. boosted its position in shares of Kulicke and Soffa Industries by 541.4% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 665,295 shares of the semiconductor company’s stock worth $27,038,000 after purchasing an additional 561,571 shares in the last quarter. Mariner LLC grew its stake in shares of Kulicke and Soffa Industries by 10.4% during the 3rd quarter. Mariner LLC now owns 13,873 shares of the semiconductor company’s stock worth $564,000 after purchasing an additional 1,310 shares during the period. Finally, Mercer Global Advisors Inc. ADV acquired a new position in shares of Kulicke and Soffa Industries during the 3rd quarter worth $272,000. 98.22% of the stock is owned by hedge funds and other 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.
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