Kulicke and Soffa Industries, Inc. $KLIC Shares Sold by Legal & General Group Plc

Legal & General Group Plc lowered its position in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 3.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 136,444 shares of the semiconductor company’s stock after selling 5,534 shares during the period. Legal & General Group Plc owned about 0.26% of Kulicke and Soffa Industries worth $6,216,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Advisory Services Network LLC acquired a new position in shares of Kulicke and Soffa Industries in the third quarter worth about $29,000. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Kulicke and Soffa Industries in the third quarter worth about $33,000. EverSource Wealth Advisors LLC raised its position in shares of Kulicke and Soffa Industries by 2,665.7% in the second quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 933 shares during the period. Salomon & Ludwin LLC raised its position in shares of Kulicke and Soffa Industries by 48.4% during the 4th quarter. Salomon & Ludwin LLC now owns 779 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 254 shares during the last quarter. Finally, Federated Hermes Inc. raised its position in shares of Kulicke and Soffa Industries by 814.8% during the 3rd quarter. Federated Hermes Inc. now owns 1,052 shares of the semiconductor company’s stock worth $43,000 after purchasing an additional 937 shares during the last quarter. Institutional investors and hedge funds own 98.22% of the company’s stock.

Insider Activity

In related news, General Counsel Zi Yao Lim sold 1,500 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $102.98, for a total transaction of $154,470.00. Following the completion of the sale, the general counsel owned 21,214 shares of the company’s stock, valued at approximately $2,184,617.72. This represents a 6.60% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mui Sung Yeo sold 20,000 shares of the company’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $100.00, for a total transaction of $2,000,000.00. Following the sale, the director directly owned 59,197 shares of the company’s stock, valued at approximately $5,919,700. This represents a 25.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.20% of the stock is currently owned by corporate insiders.

Kulicke and Soffa Industries Trading Down 8.7%

Shares of NASDAQ KLIC opened at $98.16 on Friday. Kulicke and Soffa Industries, Inc. has a 12-month low of $31.32 and a 12-month high of $110.78. The stock has a market cap of $5.14 billion, a PE ratio of 94.38 and a beta of 1.70. The company has a 50-day moving average of $88.57 and a 200 day moving average of $67.88.

Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.12. Kulicke and Soffa Industries had a net margin of 7.16% and a return on equity of 7.29%. The company had revenue of $242.62 million during the quarter, compared to analysts’ expectations of $228.75 million. During the same quarter in the prior year, the company earned ($0.52) EPS. Kulicke and Soffa Industries’s revenue was up 49.8% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. On average, sell-side analysts forecast that Kulicke and Soffa Industries, Inc. will post 2.85 EPS for the current fiscal year.

Kulicke and Soffa Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Thursday, June 18th will be paid a dividend of $0.205 per share. This represents a $0.82 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, June 18th. Kulicke and Soffa Industries’s dividend payout ratio is currently 78.85%.

Analyst Ratings Changes

Several research analysts recently weighed in on KLIC shares. 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. Needham & Company LLC upped their price target on shares of Kulicke and Soffa Industries from $70.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Zacks Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Finally, Weiss Ratings upgraded shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $59.25.

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.