Kulicke and Soffa Industries (NASDAQ:KLIC) General Counsel Zi Yao Lim Sells 1,500 Shares of Stock

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) General Counsel Zi Yao Lim sold 1,500 shares of the company’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $102.98, for a total value of $154,470.00. Following the completion of the transaction, the general counsel owned 21,214 shares of the company’s stock, valued at $2,184,617.72. The trade was a 6.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Kulicke and Soffa Industries Trading Down 6.0%

Kulicke and Soffa Industries stock opened at $98.00 on Wednesday. The firm has a market capitalization of $5.13 billion, a P/E ratio of 94.23 and a beta of 1.66. The stock has a fifty day moving average price of $74.95 and a 200 day moving average price of $59.93. Kulicke and Soffa Industries, Inc. has a 52 week low of $31.21 and a 52 week high of $107.01.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.67 by $0.12. The firm had revenue of $242.62 million during the quarter, compared to analyst estimates of $228.75 million. Kulicke and Soffa Industries had a return on equity of 7.29% and a net margin of 7.16%.The business’s quarterly revenue was up 49.8% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.52) earnings per share. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. As a group, equities analysts predict that Kulicke and Soffa Industries, Inc. will post 2.61 EPS for the current year.

Kulicke and Soffa Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 8th. Investors of record on Thursday, March 19th were paid a $0.205 dividend. This represents a $0.82 annualized dividend and a yield of 0.8%. The ex-dividend date was Thursday, March 19th. Kulicke and Soffa Industries’s dividend payout ratio is presently 78.85%.

Institutional Investors Weigh In On Kulicke and Soffa Industries

Institutional investors and hedge funds have recently modified their holdings of the stock. Summit Securities Group LLC purchased a new stake in shares of Kulicke and Soffa Industries in the first quarter worth about $26,000. Meeder Asset Management Inc. purchased a new stake in shares of Kulicke and Soffa Industries in the fourth quarter worth about $30,000. Advisory Services Network LLC purchased a new stake in shares of Kulicke and Soffa Industries in the third quarter worth about $29,000. Salomon & Ludwin LLC boosted its position in shares of Kulicke and Soffa Industries by 48.4% in the fourth quarter. Salomon & Ludwin LLC now owns 779 shares of the semiconductor company’s stock worth $35,000 after buying an additional 254 shares during the period. Finally, Foster Dykema Cabot & Partners LLC purchased a new stake in shares of Kulicke and Soffa Industries in the third quarter worth about $33,000. Hedge funds and other institutional investors own 98.22% of the company’s stock.

Wall Street Analysts Forecast Growth

KLIC has been the subject of several research analyst reports. Weiss Ratings upgraded Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday. Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday. 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, Needham & Company LLC upped their price target on Kulicke and Soffa Industries from $70.00 to $105.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, two have issued 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 target price 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.