Bridge City Capital LLC Sells 13,637 Shares of Kulicke and Soffa Industries, Inc. $KLIC

Bridge City Capital LLC reduced its holdings in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 14.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 82,928 shares of the semiconductor company’s stock after selling 13,637 shares during the quarter. Kulicke and Soffa Industries makes up approximately 1.1% of Bridge City Capital LLC’s holdings, making the stock its 29th biggest position. Bridge City Capital LLC’s holdings in Kulicke and Soffa Industries were worth $3,778,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in shares of Kulicke and Soffa Industries by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 3,513,023 shares of the semiconductor company’s stock worth $160,053,000 after acquiring an additional 20,535 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of Kulicke and Soffa Industries by 21.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,348,020 shares of the semiconductor company’s stock worth $81,241,000 after acquiring an additional 409,116 shares in the last quarter. Morgan Stanley grew its stake in shares of Kulicke and Soffa Industries by 6.7% during the 4th quarter. Morgan Stanley now owns 1,230,330 shares of the semiconductor company’s stock worth $56,054,000 after acquiring an additional 77,527 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its stake in shares of Kulicke and Soffa Industries by 22.3% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 813,669 shares of the semiconductor company’s stock worth $37,071,000 after acquiring an additional 148,374 shares in the last quarter. Finally, Invesco Ltd. grew its stake in shares of Kulicke and Soffa Industries by 5.5% during the 2nd quarter. Invesco Ltd. now owns 718,632 shares of the semiconductor company’s stock worth $24,865,000 after acquiring an additional 37,225 shares in the last quarter. 98.22% of the stock is owned by institutional investors.

Insider Transactions at Kulicke and Soffa Industries

In other news, Director Peter T. M. Kong sold 1,551 shares of Kulicke and Soffa Industries stock in a transaction on Thursday, June 11th. The stock was 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mui Sung Yeo sold 20,000 shares of Kulicke and Soffa Industries stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $100.00, for a total value of $2,000,000.00. Following the sale, the director directly owned 59,197 shares of the company’s stock, valued at $5,919,700. This represents a 25.25% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 23,051 shares of company stock valued at $2,325,080. 1.20% of the stock is currently owned by corporate insiders.

Kulicke and Soffa Industries Price Performance

KLIC stock opened at $113.13 on Friday. Kulicke and Soffa Industries, Inc. has a one year low of $31.32 and a one year high of $115.27. The stock has a market cap of $5.92 billion, a price-to-earnings ratio of 108.78 and a beta of 1.70. The company has a fifty day moving average price of $92.74 and a two-hundred day moving average price of $70.30.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.12. Kulicke and Soffa Industries had a return on equity of 7.29% and a net margin of 7.16%.The company had revenue of $242.62 million during the quarter, compared to the consensus estimate of $228.75 million. During the same quarter last year, the firm earned ($0.52) earnings per share. The company’s revenue was up 49.8% on a year-over-year basis. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. Research analysts anticipate that Kulicke and Soffa Industries, Inc. will post 2.85 EPS for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Thursday, June 18th will be issued a dividend of $0.205 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 0.7%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is currently 78.85%.

Analyst Upgrades and Downgrades

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

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.