Divisar Capital Management LLC Has $25.64 Million Stake in Kulicke and Soffa Industries, Inc. $KLIC

Divisar Capital Management LLC trimmed its stake in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLICFree Report) by 34.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 630,833 shares of the semiconductor company’s stock after selling 336,456 shares during the quarter. Kulicke and Soffa Industries makes up 7.0% of Divisar Capital Management LLC’s portfolio, making the stock its 5th biggest position. Divisar Capital Management LLC’s holdings in Kulicke and Soffa Industries were worth $25,637,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the stock. Foster Dykema Cabot & Partners LLC bought a new stake in shares of Kulicke and Soffa Industries in the 3rd quarter worth about $33,000. EverSource Wealth Advisors LLC raised its stake in shares of Kulicke and Soffa Industries by 2,665.7% in the 2nd 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 in the last quarter. Federated Hermes Inc. lifted its position in shares of Kulicke and Soffa Industries by 814.8% during the third quarter. Federated Hermes Inc. now owns 1,052 shares of the semiconductor company’s stock worth $43,000 after purchasing an additional 937 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Kulicke and Soffa Industries by 42.0% during the third quarter. Smartleaf Asset Management LLC now owns 1,667 shares of the semiconductor company’s stock worth $68,000 after purchasing an additional 493 shares during the last quarter. Finally, Covestor Ltd grew its stake in Kulicke and Soffa Industries by 57.3% in the third quarter. Covestor Ltd now owns 1,858 shares of the semiconductor company’s stock worth $76,000 after purchasing an additional 677 shares in the last quarter. 98.22% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Kulicke and Soffa Industries

In other Kulicke and Soffa Industries 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 value of $675,987.16. Following the sale, the director directly owned 17,694 shares of the company’s stock, valued at $1,277,329.86. This trade represents a 34.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Nelson Munpun Wong sold 39,800 shares of the firm’s stock in a transaction on 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 in the company, 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. Insiders sold 106,605 shares of company stock valued at $6,780,486 over the last three months. 1.20% of the stock is currently owned by company insiders.

Kulicke and Soffa Industries Stock Up 1.5%

Shares of NASDAQ KLIC opened at $64.37 on Monday. The firm’s 50-day moving average price is $63.37 and its two-hundred day moving average price is $49.35. Kulicke and Soffa Industries, Inc. has a 52-week low of $26.63 and a 52-week high of $77.50. The stock has a market capitalization of $3.37 billion, a P/E ratio of -53.20 and a beta of 1.57.

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

Kulicke and Soffa Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Thursday, March 19th will be paid a dividend of $0.205 per share. This represents a $0.82 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Thursday, March 19th. Kulicke and Soffa Industries’s dividend payout ratio is presently -67.77%.

Analysts Set New Price Targets

Several brokerages have issued reports on KLIC. Weiss Ratings cut Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 6th. DA Davidson reiterated a “buy” rating and issued a $55.00 target price on shares of Kulicke and Soffa Industries in a research report on Friday, November 21st. B. Riley Financial reiterated a “neutral” rating and issued a $39.00 price target (up from $35.00) on shares of Kulicke and Soffa Industries in a report on Friday, November 21st. Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Finally, Wall Street Zen raised shares of Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. One equities research 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $50.50.

Check Out Our Latest Analysis on Kulicke and Soffa Industries

About Kulicke and Soffa Industries

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Kulicke and Soffa Industries (NASDAQ:KLIC)

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