Insider Selling: Kulicke and Soffa Industries (NASDAQ:KLIC) Director Sells 9,364 Shares of Stock

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Director David Jeffrey Richardson sold 9,364 shares of the firm’s stock in a transaction 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 completion of the sale, the director directly owned 17,694 shares of the company’s stock, valued at $1,277,329.86. The trade was a 34.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Kulicke and Soffa Industries Stock Down 0.7%

Shares of KLIC traded down $0.49 during trading hours on Friday, reaching $70.24. 160,854 shares of the company traded hands, compared to its average volume of 829,719. Kulicke and Soffa Industries, Inc. has a 12 month low of $26.63 and a 12 month high of $77.50. The company’s fifty day moving average price is $59.10 and its two-hundred day moving average price is $46.97. The company has a market capitalization of $3.68 billion, a price-to-earnings ratio of -58.12 and a beta of 1.67.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.33 by $0.11. Kulicke and Soffa Industries had a negative net margin of 9.40% and a negative return on equity of 1.13%. The business had revenue of $199.63 million during the quarter, compared to analyst estimates of $190.03 million. During the same period last year, the business posted $0.37 earnings per share. Kulicke and Soffa Industries’s quarterly revenue was up 20.2% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. On average, analysts expect that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current year.

Kulicke and Soffa Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Thursday, December 18th were given a dividend of $0.205 per share. This represents a $0.82 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, December 18th. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is -67.77%.

Hedge Funds Weigh In On Kulicke and Soffa Industries

A number of institutional investors and hedge funds have recently made changes to their positions in KLIC. Vanguard Group Inc. raised its position in Kulicke and Soffa Industries by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 3,513,023 shares of the semiconductor company’s stock worth $160,053,000 after acquiring an additional 20,535 shares during the period. The Manufacturers Life Insurance Company increased its stake in shares of Kulicke and Soffa Industries by 21.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,348,020 shares of the semiconductor company’s stock worth $81,241,000 after purchasing an additional 409,116 shares in the last quarter. American Century Companies Inc. raised its holdings in Kulicke and Soffa Industries by 20.4% in the 2nd quarter. American Century Companies Inc. now owns 2,313,378 shares of the semiconductor company’s stock worth $80,043,000 after purchasing an additional 392,691 shares during the period. Geode Capital Management LLC lifted its position in Kulicke and Soffa Industries by 0.8% during the second quarter. Geode Capital Management LLC now owns 1,280,025 shares of the semiconductor company’s stock valued at $44,295,000 after purchasing an additional 10,722 shares in the last quarter. Finally, Morgan Stanley lifted its position in Kulicke and Soffa Industries by 6.7% during the fourth quarter. Morgan Stanley now owns 1,230,330 shares of the semiconductor company’s stock valued at $56,054,000 after purchasing an additional 77,527 shares in the last quarter. Hedge funds and other institutional investors own 98.22% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on KLIC. B. Riley Financial reiterated a “neutral” rating and set a $39.00 price objective (up from $35.00) on shares of Kulicke and Soffa Industries in a research note on Friday, November 21st. Weiss Ratings downgraded shares of Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 6th. DA Davidson reiterated a “buy” rating and set a $55.00 target price on shares of Kulicke and Soffa Industries in a research note on Friday, November 21st. Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Finally, Wall Street Zen upgraded shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $50.50.

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.