28,486 Shares in Kulicke and Soffa Industries, Inc. $KLIC Bought by Burney Co.

Burney Co. acquired a new position in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) during the 1st quarter, Holdings Channel.com reports. The fund acquired 28,486 shares of the semiconductor company’s stock, valued at approximately $1,872,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. DGS Capital Management LLC acquired a new stake in shares of Kulicke and Soffa Industries during the first quarter worth about $246,000. Counterpoint Mutual Funds LLC acquired a new position in Kulicke and Soffa Industries in the 1st quarter valued at about $562,000. Strs Ohio raised its stake in Kulicke and Soffa Industries by 59.0% during the 1st quarter. Strs Ohio now owns 16,700 shares of the semiconductor company’s stock valued at $1,098,000 after acquiring an additional 6,200 shares during the last quarter. Janney Montgomery Scott LLC purchased a new stake in Kulicke and Soffa Industries during the 1st quarter valued at approximately $300,000. Finally, Pictet Asset Management Holding SA lifted its position in Kulicke and Soffa Industries by 43.6% during the 1st quarter. Pictet Asset Management Holding SA now owns 9,070 shares of the semiconductor company’s stock worth $596,000 after acquiring an additional 2,752 shares during the period. 98.22% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on KLIC shares. Zacks Research raised Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Needham & Company LLC increased their price target on 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, Weiss Ratings upgraded shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. One 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’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $59.25.

Insider Activity at Kulicke and Soffa Industries

In related news, SVP Nelson Munpun Wong sold 15,000 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $113.72, for a total value of $1,705,800.00. Following the sale, the senior vice president directly owned 71,369 shares in the company, valued at $8,116,082.68. The trade was a 17.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Peter T. M. Kong sold 1,551 shares of the stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $110.00, for a total transaction of $170,610.00. Following the completion of the sale, the director directly owned 100,009 shares in the company, valued at approximately $11,000,990. The trade was a 1.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 98,051 shares of company stock valued at $11,333,480 in the last 90 days. 1.20% of the stock is owned by corporate insiders.

Kulicke and Soffa Industries Trading Down 11.5%

Shares of KLIC opened at $105.87 on Wednesday. The firm’s 50-day moving average is $108.26 and its two-hundred day moving average is $79.61. Kulicke and Soffa Industries, Inc. has a twelve month low of $31.32 and a twelve month high of $135.80. The firm has a market capitalization of $5.54 billion, a P/E ratio of 101.80 and a beta of 1.62.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted 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. The company had revenue of $242.62 million during the quarter, compared to the consensus estimate of $228.75 million. Kulicke and Soffa Industries had a net margin of 7.16% and a return on equity of 7.29%. The company’s revenue for the quarter was up 49.8% on a year-over-year basis. During the same period last year, the firm earned ($0.52) EPS. 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 Dividend Announcement

The company 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 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 yield of 0.8%. Kulicke and Soffa Industries’s payout ratio is currently 78.85%.

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.