Kulicke and Soffa Industries (NASDAQ:KLIC) Director David Jeffrey Richardson Sells 9,364 Shares

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Director David Jeffrey Richardson sold 9,364 shares of Kulicke and Soffa Industries stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $72.19, for a total transaction of $675,987.16. Following the transaction, the director directly owned 17,694 shares of the company’s stock, valued at $1,277,329.86. The trade was a 34.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Kulicke and Soffa Industries Price Performance

Kulicke and Soffa Industries stock opened at $69.72 on Friday. The firm has a market capitalization of $3.65 billion, a P/E ratio of -57.62 and a beta of 1.67. The company’s 50-day moving average is $59.58 and its 200 day moving average is $47.21. 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:KLIC) last issued its quarterly earnings results 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 return on equity of 1.13% and a negative net margin of 9.40%.The firm had revenue of $199.63 million during the quarter, compared to analyst estimates of $190.03 million. During the same period last year, the company earned $0.37 EPS. Kulicke and Soffa Industries’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. Research analysts anticipate that Kulicke and Soffa Industries, Inc. will post 0.93 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Thursday, December 18th were paid a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Thursday, December 18th. Kulicke and Soffa Industries’s dividend payout ratio is currently -67.77%.

Hedge Funds Weigh In On Kulicke and Soffa Industries

A number of large investors have recently made changes to their positions in KLIC. Vanguard Group Inc. boosted its position in shares of Kulicke and Soffa Industries by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 3,513,023 shares of the semiconductor company’s stock worth $160,053,000 after purchasing an additional 20,535 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in Kulicke and Soffa Industries by 21.1% in the second quarter. The Manufacturers Life Insurance Company now owns 2,348,020 shares of the semiconductor company’s stock valued at $81,241,000 after buying an additional 409,116 shares during the last quarter. American Century Companies Inc. boosted its holdings in Kulicke and Soffa Industries by 20.4% in the second quarter. American Century Companies Inc. now owns 2,313,378 shares of the semiconductor company’s stock worth $80,043,000 after acquiring an additional 392,691 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Kulicke and Soffa Industries by 0.8% in the second quarter. Geode Capital Management LLC now owns 1,280,025 shares of the semiconductor company’s stock worth $44,295,000 after acquiring an additional 10,722 shares in the last quarter. Finally, Morgan Stanley grew its stake in shares of Kulicke and Soffa Industries by 6.7% during the fourth 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 during the last quarter. 98.22% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Weiss Ratings lowered Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 6th. Needham & Company LLC increased their price target on Kulicke and Soffa Industries from $64.00 to $70.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Wall Street Zen upgraded Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Finally, B. Riley Financial reaffirmed a “neutral” rating and issued a $39.00 price objective (up from $35.00) on shares of Kulicke and Soffa Industries in a research note on Friday, November 21st. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $50.50.

Kulicke and Soffa Industries Company 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.