Globeflex Capital L P Acquires 73,787 Shares of Kulicke and Soffa Industries, Inc. $KLIC

Globeflex Capital L P increased its holdings in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 269.6% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 101,159 shares of the semiconductor company’s stock after buying an additional 73,787 shares during the quarter. Globeflex Capital L P’s holdings in Kulicke and Soffa Industries were worth $4,609,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Daiwa Securities Group Inc. increased its holdings in Kulicke and Soffa Industries by 98.2% in the 4th quarter. Daiwa Securities Group Inc. now owns 4,675 shares of the semiconductor company’s stock worth $213,000 after buying an additional 2,316 shares in the last quarter. State of Wyoming increased its holdings in Kulicke and Soffa Industries by 90.5% in the 4th quarter. State of Wyoming now owns 3,374 shares of the semiconductor company’s stock worth $154,000 after buying an additional 1,603 shares in the last quarter. CIBC Asset Management Inc increased its holdings in Kulicke and Soffa Industries by 3.4% in the 4th quarter. CIBC Asset Management Inc now owns 5,231 shares of the semiconductor company’s stock worth $238,000 after buying an additional 171 shares in the last quarter. Natixis Advisors LLC increased its holdings in Kulicke and Soffa Industries by 14.4% in the 4th quarter. Natixis Advisors LLC now owns 21,258 shares of the semiconductor company’s stock worth $969,000 after buying an additional 2,676 shares in the last quarter. Finally, Norges Bank bought a new stake in Kulicke and Soffa Industries in the 4th quarter worth about $1,107,000. 98.22% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

KLIC has been the subject of several research analyst reports. Weiss Ratings upgraded Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Wall Street Zen upgraded Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Finally, Needham & Company LLC lifted their price objective 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. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Kulicke and Soffa Industries has an average rating of “Moderate Buy” and an average target price of $59.25.

Insider Buying and Selling

In related news, Director Mui Sung Yeo sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $100.00, for a total value of $2,000,000.00. Following the transaction, the director directly owned 59,197 shares of the company’s stock, valued at approximately $5,919,700. The trade was a 25.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, General Counsel Zi Yao Lim sold 1,500 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $102.98, for a total value of $154,470.00. Following the sale, the general counsel directly owned 21,214 shares in the company, valued at $2,184,617.72. This trade represents a 6.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.20% of the stock is currently owned by insiders.

Kulicke and Soffa Industries Trading Down 0.7%

NASDAQ KLIC opened at $107.67 on Friday. The stock’s 50 day moving average is $87.98 and its 200 day moving average is $67.67. Kulicke and Soffa Industries, Inc. has a 12 month low of $31.32 and a 12 month high of $110.78. The stock has a market cap of $5.63 billion, a PE ratio of 103.52 and a beta of 1.70.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 EPS for the quarter, topping 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 company had revenue of $242.62 million for the quarter, compared to analysts’ expectations of $228.75 million. During the same period in the previous year, the firm earned ($0.52) EPS. The firm’s revenue was up 49.8% compared to the same quarter last year. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. On average, analysts forecast that Kulicke and Soffa Industries, Inc. will post 2.85 EPS for the current fiscal year.

Kulicke and Soffa Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Thursday, June 18th will be issued a $0.205 dividend. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $0.82 dividend on an annualized basis and a yield of 0.8%. Kulicke and Soffa Industries’s payout ratio is currently 78.85%.

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.