Kulicke and Soffa Industries (NASDAQ:KLIC) Stock Price Down 4.1% – Time to Sell?

Shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) were down 4.1% during trading on Thursday . The company traded as low as $125.56 and last traded at $128.3730. 93,461 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 852,822 shares. The stock had previously closed at $133.81.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Weiss Ratings raised shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Needham & Company LLC raised 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 report on Thursday, May 7th. Finally, Zacks Research raised shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $59.25.

Kulicke and Soffa Industries Stock Down 9.4%

The business has a fifty day simple moving average of $105.73 and a two-hundred day simple moving average of $77.64. The company has a market cap of $6.34 billion, a P/E ratio of 116.61 and a beta of 1.62.

Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its earnings results 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. The business had revenue of $242.62 million for the quarter, compared to analysts’ expectations of $228.75 million. Kulicke and Soffa Industries had a return on equity of 7.29% and a net margin of 7.16%.The business’s revenue for the quarter was up 49.8% on a year-over-year basis. During the same period last year, the firm posted ($0.52) earnings per share. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. On average, equities analysts predict that Kulicke and Soffa Industries, Inc. will post 2.85 EPS for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Thursday, June 18th will be issued a $0.205 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $0.82 dividend on an annualized basis and a dividend yield of 0.7%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is presently 78.85%.

Insider Buying and Selling

In related news, Director Mui Sung Yeo sold 20,000 shares of the business’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 transaction of $2,000,000.00. Following the completion of the sale, the director directly owned 59,197 shares in the company, valued at approximately $5,919,700. The trade was a 25.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Nelson Munpun Wong sold 15,000 shares of the company’s stock in a transaction that occurred on 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 sale, the senior vice president directly owned 71,369 shares of the company’s stock, valued at approximately $8,116,082.68. This represents a 17.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 98,051 shares of company stock valued at $11,333,480 in the last 90 days. 1.20% of the stock is owned by insiders.

Institutional Investors Weigh In On Kulicke and Soffa Industries

Hedge funds have recently modified their holdings of the business. Summit Securities Group LLC purchased a new stake in shares of Kulicke and Soffa Industries in the 1st quarter worth $26,000. Advisory Services Network LLC purchased a new position in Kulicke and Soffa Industries during the third quarter valued at $29,000. Meeder Asset Management Inc. bought a new stake in Kulicke and Soffa Industries during the fourth quarter valued at about $30,000. Foster Dykema Cabot & Partners LLC bought a new stake in Kulicke and Soffa Industries during the third quarter valued at about $33,000. Finally, EverSource Wealth Advisors LLC grew its holdings in 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 valued at $33,000 after purchasing an additional 933 shares during the period. 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.