Insider Selling: Kulicke and Soffa Industries (NASDAQ:KLIC) CEO Sells $7,302,600.00 in Stock

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) CEO Lester Wong sold 60,000 shares of Kulicke and Soffa Industries stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $121.71, for a total value of $7,302,600.00. Following the sale, the chief executive officer directly owned 50,743 shares in the company, valued at approximately $6,175,930.53. The trade was a 54.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Kulicke and Soffa Industries Stock Performance

KLIC stock opened at $123.02 on Thursday. Kulicke and Soffa Industries, Inc. has a fifty-two week low of $31.32 and a fifty-two week high of $129.65. The company has a market capitalization of $6.44 billion, a price-to-earnings ratio of 118.28 and a beta of 1.70. The business’s 50 day moving average price is $100.75 and its two-hundred day moving average price is $74.76.

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 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 analysts’ expectations of $228.75 million. During the same quarter last year, the business posted ($0.52) EPS. The firm’s revenue for the quarter 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. Sell-side analysts forecast that Kulicke and Soffa Industries, Inc. will post 2.85 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 Wednesday, July 8th. Shareholders of record on Thursday, June 18th will be issued a $0.205 dividend. The ex-dividend date is Thursday, June 18th. This represents a $0.82 dividend on an annualized basis and a yield of 0.7%. Kulicke and Soffa Industries’s dividend payout ratio is 78.85%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on KLIC. Needham & Company LLC upped their target price 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 raised 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 raised shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research note 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 assigned a Hold rating to the stock. According to MarketBeat, Kulicke and Soffa Industries currently has an average rating of “Moderate Buy” and a consensus target price of $59.25.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in KLIC. Summit Securities Group LLC purchased a new stake in shares of Kulicke and Soffa Industries in the first quarter worth $26,000. Advisory Services Network LLC bought a new position in shares of Kulicke and Soffa Industries during the third quarter valued at $29,000. Meeder Asset Management Inc. purchased a new position in shares of Kulicke and Soffa Industries in the 4th quarter worth about $30,000. Foster Dykema Cabot & Partners LLC purchased a new position in shares of Kulicke and Soffa Industries in the 3rd quarter worth about $33,000. Finally, EverSource Wealth Advisors LLC boosted its stake in Kulicke and Soffa Industries by 2,665.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock worth $33,000 after purchasing an additional 933 shares in the last quarter. Hedge funds and other institutional investors own 98.22% of the company’s stock.

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.