Kulicke and Soffa Industries (NASDAQ:KLIC) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

Shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $62.51 and traded as high as $101.56. Kulicke and Soffa Industries shares last traded at $101.23, with a volume of 637,678 shares changing hands.

Analyst Upgrades and Downgrades

Several research firms have issued reports on KLIC. Weiss Ratings upgraded Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Needham & Company LLC boosted their target price 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. Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Finally, Wall Street Zen upgraded Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Kulicke and Soffa Industries currently has an average rating of “Moderate Buy” and an average price target of $59.25.

Kulicke and Soffa Industries Trading Up 3.3%

The company has a 50 day moving average price of $80.72 and a 200 day moving average price of $63.24. The firm has a market cap of $5.46 billion, a PE ratio of 100.38 and a beta of 1.66.

Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.67 by $0.12. The business had revenue of $242.62 million for 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 company’s quarterly revenue was up 49.8% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.52) EPS. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. As a group, equities research analysts anticipate that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Announces Dividend

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

Insider Transactions at Kulicke and Soffa Industries

In other news, General Counsel Zi Yao Lim sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $102.98, for a total transaction of $154,470.00. Following the sale, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David Jeffrey Richardson sold 9,364 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $72.19, for a total value of $675,987.16. Following the sale, the director directly owned 17,694 shares in the company, valued at $1,277,329.86. This trade represents a 34.61% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 30,864 shares of company stock valued at $2,830,457 in the last quarter. 1.20% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Kulicke and Soffa Industries

Institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE increased its holdings in shares of Kulicke and Soffa Industries by 60.2% during the 1st quarter. Bank of America Corp DE now owns 275,933 shares of the semiconductor company’s stock worth $18,134,000 after buying an additional 103,718 shares during the last quarter. Edgestream Partners L.P. increased its holdings in shares of Kulicke and Soffa Industries by 812.2% during the 1st quarter. Edgestream Partners L.P. now owns 117,130 shares of the semiconductor company’s stock worth $7,698,000 after buying an additional 104,289 shares during the last quarter. Smith Group Asset Management LLC acquired a new stake in shares of Kulicke and Soffa Industries during the 1st quarter worth $752,000. Amundi increased its holdings in shares of Kulicke and Soffa Industries by 218.7% during the 1st quarter. Amundi now owns 58,660 shares of the semiconductor company’s stock worth $3,855,000 after buying an additional 40,254 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Kulicke and Soffa Industries by 306.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,157 shares of the semiconductor company’s stock worth $207,000 after buying an additional 2,380 shares during 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.