Globeflex Capital L P Takes $11.90 Million Position in Kulicke and Soffa Industries, Inc. $KLIC

Globeflex Capital L P purchased a new stake in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) during the second quarter, Holdings Channel reports. The institutional investor purchased 88,998 shares of the semiconductor company’s stock, valued at approximately $11,904,000. Kulicke and Soffa Industries comprises 1.5% of Globeflex Capital L P’s investment portfolio, making the stock its 9th biggest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Summit Securities Group LLC acquired a new position in Kulicke and Soffa Industries during the first quarter worth $26,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Kulicke and Soffa Industries in the second quarter valued at about $28,000. Advisory Services Network LLC acquired a new stake in shares of Kulicke and Soffa Industries in the third quarter valued at about $29,000. Meeder Asset Management Inc. purchased a new stake in shares of Kulicke and Soffa Industries during the fourth quarter worth about $30,000. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Kulicke and Soffa Industries by 2,665.7% during the second 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.

Insider Activity

In related news, Director Peter T. M. Kong sold 1,551 shares of Kulicke and Soffa Industries 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 transaction, the director owned 100,009 shares in the company, valued at approximately $11,000,990. This trade represents a 1.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Nelson Munpun Wong sold 15,000 shares of the business’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $113.72, for a total value of $1,705,800.00. Following the transaction, the senior vice president directly owned 71,369 shares in the company, valued at $8,116,082.68. This trade represents a 17.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 76,551 shares of company stock worth $9,179,010 over the last ninety days. Corporate insiders own 1.20% of the company’s stock.

Kulicke and Soffa Industries Stock Performance

NASDAQ:KLIC opened at $85.75 on Monday. The company has a market cap of $4.49 billion, a P/E ratio of 39.52 and a beta of 1.67. Kulicke and Soffa Industries, Inc. has a twelve month low of $35.02 and a twelve month high of $135.80. The company’s 50-day moving average price is $105.75 and its 200-day moving average price is $89.82.

Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its quarterly earnings data on Wednesday, August 5th. The semiconductor company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.06 by $0.14. The company had revenue of $330.41 million during the quarter, compared to analysts’ expectations of $308.50 million. Kulicke and Soffa Industries had a net margin of 12.18% and a return on equity of 14.39%. Kulicke and Soffa Industries’s revenue was up 122.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.07 EPS. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. On average, analysts expect that Kulicke and Soffa Industries, Inc. will post 3.38 earnings per share for the current year.

Kulicke and Soffa Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Thursday, June 18th were issued a dividend of $0.205 per share. This represents a $0.82 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, June 18th. Kulicke and Soffa Industries’s payout ratio is currently 37.79%.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Zacks Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 11th. Needham & Company LLC boosted their price objective on Kulicke and Soffa Industries from $105.00 to $115.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Kulicke and Soffa Industries in a research note on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $69.67.

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.