11,449 Shares in Kulicke and Soffa Industries, Inc. $KLIC Purchased by Smith Group Asset Management LLC

Smith Group Asset Management LLC bought a new position in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) during the first quarter, Holdings Channel reports. The institutional investor bought 11,449 shares of the semiconductor company’s stock, valued at approximately $752,000.

Several other institutional investors also recently made changes to their positions in KLIC. CIBC Asset Management Inc raised its position in shares of Kulicke and Soffa Industries by 3.4% during the 4th quarter. CIBC Asset Management Inc now owns 5,231 shares of the semiconductor company’s stock worth $238,000 after purchasing an additional 171 shares during the period. PNC Financial Services Group Inc. lifted its stake in Kulicke and Soffa Industries by 2.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,556 shares of the semiconductor company’s stock valued at $344,000 after buying an additional 172 shares during the last quarter. Pallas Capital Advisors LLC boosted its holdings in shares of Kulicke and Soffa Industries by 2.6% during the fourth quarter. Pallas Capital Advisors LLC now owns 7,368 shares of the semiconductor company’s stock valued at $336,000 after acquiring an additional 190 shares during the period. ProShare Advisors LLC grew its position in shares of Kulicke and Soffa Industries by 2.0% during the fourth quarter. ProShare Advisors LLC now owns 9,926 shares of the semiconductor company’s stock worth $452,000 after acquiring an additional 198 shares during the last quarter. Finally, HighTower Advisors LLC increased its holdings in shares of Kulicke and Soffa Industries by 3.0% in the 4th quarter. HighTower Advisors LLC now owns 6,929 shares of the semiconductor company’s stock worth $316,000 after acquiring an additional 205 shares during the period. 98.22% of the stock is owned by institutional investors.

Kulicke and Soffa Industries Price Performance

KLIC opened at $90.93 on Wednesday. The company has a market capitalization of $4.76 billion, a price-to-earnings ratio of 87.43 and a beta of 1.62. Kulicke and Soffa Industries, Inc. has a 1-year low of $31.32 and a 1-year high of $135.80. The business has a 50 day moving average price of $110.78 and a two-hundred day moving average price of $85.56.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.12. Kulicke and Soffa Industries had a return on equity of 7.29% and a net margin of 7.16%.The firm had revenue of $242.62 million during the quarter, compared to analyst estimates of $228.75 million. During the same period last year, the company posted ($0.52) EPS. The firm’s quarterly revenue was up 49.8% on a year-over-year basis. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. Equities analysts expect that Kulicke and Soffa Industries, Inc. will post 2.85 EPS for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Thursday, June 18th were paid a dividend of $0.205 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.82 annualized dividend and a yield of 0.9%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is currently 78.85%.

Insider Buying and Selling at Kulicke and Soffa Industries

In related news, SVP Nelson Munpun Wong sold 15,000 shares of Kulicke and Soffa Industries stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $113.72, for a total transaction of $1,705,800.00. Following the transaction, the senior vice president directly owned 71,369 shares of the company’s stock, valued at $8,116,082.68. The trade was a 17.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Lester A. Wong sold 60,000 shares of Kulicke and Soffa Industries stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $121.71, for a total value of $7,302,600.00. Following the transaction, the chief executive officer directly owned 50,743 shares in the company, valued at approximately $6,175,930.53. The trade was a 54.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 98,051 shares of company stock valued at $11,333,480. Corporate insiders own 1.20% of the company’s stock.

Wall Street Analyst Weigh In

KLIC has been the subject of a number of analyst reports. 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. Needham & Company LLC boosted their price objective 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. Finally, Zacks Research lowered Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 7th. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average 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.