Kulicke and Soffa Industries (NASDAQ:KLIC) Stock Rating Lowered by Zacks Research

Kulicke and Soffa Industries (NASDAQ:KLIC) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports.

Other analysts have also recently issued research reports about the company. Needham & Company LLC raised their price objective on 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. Weiss Ratings raised Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Kulicke and Soffa Industries presently has an average rating of “Hold” and an average price target of $59.25.

Kulicke and Soffa Industries Price Performance

KLIC opened at $104.23 on Tuesday. The firm has a market capitalization of $5.45 billion, a PE ratio of 100.22 and a beta of 1.62. The business’s 50-day moving average is $108.62 and its two-hundred day moving average is $80.02. Kulicke and Soffa Industries has a 1 year low of $31.32 and a 1 year high of $135.80.

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

Insider Buying and Selling

In related news, SVP Nelson Munpun Wong sold 15,000 shares of Kulicke and Soffa Industries stock in a transaction on Friday, June 12th. The shares were sold at an average price of $113.72, for a total value of $1,705,800.00. Following the sale, the senior vice president owned 71,369 shares of the company’s stock, valued at approximately $8,116,082.68. This trade represents a 17.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Lester A. Wong sold 60,000 shares of the business’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $121.71, for a total transaction of $7,302,600.00. Following the sale, the chief executive officer directly owned 50,743 shares of the company’s stock, valued at $6,175,930.53. This represents a 54.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 98,051 shares of company stock valued at $11,333,480 in the last 90 days. Corporate insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in KLIC. Vanguard Group Inc. lifted its position in Kulicke and Soffa Industries by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 3,513,023 shares of the semiconductor company’s stock valued at $160,053,000 after buying an additional 20,535 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of Kulicke and Soffa Industries by 21.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,348,020 shares of the semiconductor company’s stock valued at $81,241,000 after acquiring an additional 409,116 shares during the period. Morgan Stanley raised its stake in shares of Kulicke and Soffa Industries by 6.7% in the 4th quarter. Morgan Stanley now owns 1,230,330 shares of the semiconductor company’s stock valued at $56,054,000 after acquiring an additional 77,527 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Kulicke and Soffa Industries by 125.0% in the 1st quarter. Bank of New York Mellon Corp now owns 926,915 shares of the semiconductor company’s stock worth $60,917,000 after acquiring an additional 514,983 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. boosted its position 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 purchasing an additional 148,374 shares during the period. 98.22% of the stock is currently owned by institutional investors and hedge funds.

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.