Kulicke and Soffa Industries (NASDAQ:KLIC) SVP Sells $1,705,800.00 in Stock

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) SVP Nelson Munpun Wong sold 15,000 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $113.72, for a total transaction of $1,705,800.00. Following the completion of the transaction, the senior vice president directly owned 71,369 shares in the company, valued at approximately $8,116,082.68. The trade was a 17.37% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Kulicke and Soffa Industries Stock Performance

Shares of Kulicke and Soffa Industries stock traded up $0.09 during mid-day trading on Monday, hitting $113.22. 210,083 shares of the stock were exchanged, compared to its average volume of 765,160. Kulicke and Soffa Industries, Inc. has a 12 month low of $31.32 and a 12 month high of $117.96. The company has a 50-day simple moving average of $92.74 and a 200 day simple moving average of $70.50. The company has a market capitalization of $5.93 billion, a P/E ratio of 108.51 and a beta of 1.70.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its 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. Kulicke and Soffa Industries had a net margin of 7.16% and a return on equity of 7.29%. The firm had revenue of $242.62 million for the quarter, compared to analysts’ expectations of $228.75 million. During the same quarter last year, the firm earned ($0.52) EPS. The company’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 predict that Kulicke and Soffa Industries, Inc. will post 2.85 EPS for the current year.

Kulicke and Soffa Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 8th. Shareholders of record on Thursday, June 18th will be given a dividend of $0.205 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $0.82 annualized dividend and a dividend yield of 0.7%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is currently 78.85%.

Institutional Investors Weigh In On Kulicke and Soffa Industries

Large investors have recently modified their holdings of the stock. Summit Securities Group LLC purchased a new stake in shares of Kulicke and Soffa Industries during the 1st quarter worth approximately $26,000. Meeder Asset Management Inc. purchased a new stake in shares of Kulicke and Soffa Industries during the 4th quarter worth approximately $30,000. Advisory Services Network LLC purchased a new stake in shares of Kulicke and Soffa Industries during the 3rd quarter worth approximately $29,000. Salomon & Ludwin LLC increased its stake in shares of Kulicke and Soffa Industries by 48.4% during the 4th quarter. Salomon & Ludwin LLC now owns 779 shares of the semiconductor company’s stock worth $35,000 after purchasing an additional 254 shares during the last quarter. Finally, Foster Dykema Cabot & Partners LLC purchased a new position in Kulicke and Soffa Industries in the 3rd quarter valued at approximately $33,000. Hedge funds and other institutional investors own 98.22% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented 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 stock a “buy” rating in a research report on Thursday, May 7th. Weiss Ratings upgraded shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Finally, Zacks Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $59.25.

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.