Peter Kong Sells 1,551 Shares of Kulicke and Soffa Industries (NASDAQ:KLIC) Stock

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) Director Peter Kong sold 1,551 shares of the company’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $110.00, for a total transaction of $170,610.00. Following the sale, the director owned 100,009 shares of the company’s stock, valued at $11,000,990. The trade was a 1.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Kulicke and Soffa Industries Stock Up 1.2%

NASDAQ:KLIC opened at $113.13 on Friday. Kulicke and Soffa Industries, Inc. has a 12-month low of $31.32 and a 12-month high of $115.27. The stock’s fifty day simple moving average is $92.74 and its 200-day simple moving average is $70.30. The firm has a market capitalization of $5.92 billion, a P/E ratio of 108.78 and a beta of 1.70.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported $0.79 EPS for the quarter, beating 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 business had revenue of $242.62 million during the quarter, compared to the consensus estimate of $228.75 million. During the same quarter in the prior year, the company posted ($0.52) earnings per share. The firm’s revenue was up 49.8% on a year-over-year basis. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. As a group, equities research analysts expect that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share for the current year.

Kulicke and Soffa Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Thursday, June 18th will be given a dividend of $0.205 per share. This represents a $0.82 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, June 18th. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is currently 78.85%.

Institutional Investors Weigh In On Kulicke and Soffa Industries

Several hedge funds have recently bought and sold shares of the company. Summit Securities Group LLC acquired a new position in Kulicke and Soffa Industries during the first quarter worth approximately $26,000. Advisory Services Network LLC bought a new stake in Kulicke and Soffa Industries in the third quarter valued at approximately $29,000. Meeder Asset Management Inc. acquired a new stake in shares of Kulicke and Soffa Industries in the fourth quarter valued at approximately $30,000. Foster Dykema Cabot & Partners LLC acquired a new stake in shares of Kulicke and Soffa Industries in the third quarter valued at approximately $33,000. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Kulicke and Soffa Industries by 2,665.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock worth $33,000 after acquiring an additional 933 shares during the period. 98.22% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on KLIC shares. Weiss Ratings raised shares of Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Needham & Company LLC upped their price objective on Kulicke and Soffa Industries from $70.00 to $105.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Finally, Zacks Research raised Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Kulicke and Soffa Industries currently has a consensus rating of “Moderate Buy” and a consensus price target of $59.25.

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.