Kulicke and Soffa Industries (NASDAQ:KLIC) Shares Gap Up – Still a Buy?

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $104.23, but opened at $111.35. Kulicke and Soffa Industries shares last traded at $113.7220, with a volume of 91,429 shares traded.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Needham & Company LLC lifted 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. Zacks Research downgraded shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday. 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. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $59.25.

Kulicke and Soffa Industries Stock Up 1.8%

The stock’s 50-day moving average price is $109.78 and its 200 day moving average price is $80.71. The company has a market cap of $5.93 billion, a P/E ratio of 109.05 and a beta of 1.62.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.12. Kulicke and Soffa Industries had a net margin of 7.16% and a return on equity of 7.29%. The business had revenue of $242.62 million during the quarter, compared to the consensus estimate of $228.75 million. During the same period in the prior year, the firm earned ($0.52) EPS. Kulicke and Soffa Industries’s quarterly revenue 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. Analysts expect that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Thursday, June 18th were issued a dividend of $0.205 per share. This represents a $0.82 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Thursday, June 18th. Kulicke and Soffa Industries’s dividend payout ratio is 78.85%.

Insider Buying and Selling

In related news, Director Peter T. M. Kong sold 1,551 shares of the stock in a transaction that occurred 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 in the company, valued at $11,000,990. This represents a 1.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Mui Sung Yeo sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $100.00, for a total value of $2,000,000.00. Following the completion of the sale, the director directly owned 59,197 shares in the company, valued at $5,919,700. This trade represents a 25.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 98,051 shares of company stock valued at $11,333,480 in the last quarter. Insiders own 1.20% of the company’s stock.

Institutional Investors Weigh In On Kulicke and Soffa Industries

Several hedge funds have recently modified their holdings of the business. Invesco Ltd. grew its stake in shares of Kulicke and Soffa Industries by 347.9% in the fourth quarter. Invesco Ltd. now owns 767,001 shares of the semiconductor company’s stock worth $34,945,000 after acquiring an additional 595,753 shares during the last quarter. Jacobs Levy Equity Management Inc. raised its stake in Kulicke and Soffa Industries by 541.4% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 665,295 shares of the semiconductor company’s stock valued at $27,038,000 after purchasing an additional 561,571 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in 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 valued at $60,917,000 after purchasing an additional 514,983 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in 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 purchasing an additional 409,116 shares during the period. Finally, AQR Capital Management LLC grew its position in Kulicke and Soffa Industries by 549.8% in the 2nd quarter. AQR Capital Management LLC now owns 321,313 shares of the semiconductor company’s stock worth $11,117,000 after purchasing an additional 271,868 shares during the last quarter. 98.22% of the stock is owned by institutional investors.

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.