William Blair Investment Management LLC Sells 42,563 Shares of Kulicke and Soffa Industries, Inc. $KLIC

William Blair Investment Management LLC decreased its stake in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 5.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 698,158 shares of the semiconductor company’s stock after selling 42,563 shares during the quarter. William Blair Investment Management LLC’s holdings in Kulicke and Soffa Industries were worth $28,373,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. True Wealth Design LLC lifted its position in Kulicke and Soffa Industries by 7,609.1% in the second quarter. True Wealth Design LLC now owns 848 shares of the semiconductor company’s stock worth $29,000 after buying an additional 837 shares during the last quarter. EverSource Wealth Advisors LLC increased its position 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 acquiring an additional 933 shares during the last quarter. Federated Hermes Inc. raised its stake in shares of Kulicke and Soffa Industries by 814.8% in the third quarter. Federated Hermes Inc. now owns 1,052 shares of the semiconductor company’s stock valued at $43,000 after acquiring an additional 937 shares during the period. Smartleaf Asset Management LLC lifted its holdings in shares of Kulicke and Soffa Industries by 42.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,667 shares of the semiconductor company’s stock worth $68,000 after acquiring an additional 493 shares during the last quarter. Finally, Covestor Ltd lifted its holdings in shares of Kulicke and Soffa Industries by 57.3% in the 3rd quarter. Covestor Ltd now owns 1,858 shares of the semiconductor company’s stock worth $76,000 after acquiring an additional 677 shares during the last quarter. Hedge funds and other institutional investors own 98.22% of the company’s stock.

Kulicke and Soffa Industries Price Performance

Shares of KLIC stock opened at $70.27 on Tuesday. The company has a market capitalization of $3.68 billion, a P/E ratio of -58.07 and a beta of 1.57. The company’s 50-day simple moving average is $60.07 and its two-hundred day simple moving average is $47.58. Kulicke and Soffa Industries, Inc. has a one year low of $26.63 and a one year high of $77.50.

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

Kulicke and Soffa Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Thursday, December 18th were issued a $0.205 dividend. This represents a $0.82 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, December 18th. Kulicke and Soffa Industries’s dividend payout ratio is currently -67.77%.

Insiders Place Their Bets

In other news, Director David Jeffrey Richardson sold 9,364 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $72.19, for a total transaction of $675,987.16. Following the transaction, the director owned 17,694 shares of the company’s stock, valued at approximately $1,277,329.86. This represents a 34.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Nelson Munpun Wong sold 39,800 shares of Kulicke and Soffa Industries stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $60.98, for a total value of $2,427,004.00. Following the completion of the sale, the senior vice president owned 86,369 shares of the company’s stock, valued at $5,266,781.62. The trade was a 31.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 111,609 shares of company stock worth $7,031,036. 1.20% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Wall Street Zen upgraded shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. Needham & Company LLC upped their target price on Kulicke and Soffa Industries from $64.00 to $70.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Weiss Ratings downgraded Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday, February 6th. DA Davidson reissued a “buy” rating and set a $55.00 price target on shares of Kulicke and Soffa Industries in a research note on Friday, November 21st. Finally, B. Riley Financial restated a “neutral” rating and set a $39.00 price objective (up from $35.00) on shares of Kulicke and Soffa Industries in a report on Friday, November 21st. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $50.50.

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.