Edgestream Partners L.P. Increases Stock Position in Kulicke and Soffa Industries, Inc. $KLIC

Edgestream Partners L.P. lifted its position in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 812.2% in the first quarter, HoldingsChannel reports. The institutional investor owned 117,130 shares of the semiconductor company’s stock after purchasing an additional 104,289 shares during the period. Edgestream Partners L.P.’s holdings in Kulicke and Soffa Industries were worth $7,698,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the company. Vanguard Group Inc. grew its position in Kulicke and Soffa Industries by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 3,513,023 shares of the semiconductor company’s stock valued at $160,053,000 after acquiring an additional 20,535 shares during the period. Louisiana State Employees Retirement System purchased a new position in shares of Kulicke and Soffa Industries in the 1st quarter worth about $1,525,000. Kingsview Wealth Management LLC acquired a new position in shares of Kulicke and Soffa Industries in the 4th quarter valued at about $3,245,000. Nano Cap New Millennium Growth Fund L P acquired a new position in shares of Kulicke and Soffa Industries in the 4th quarter valued at about $911,000. Finally, Total Wealth Planning & Management Inc. acquired a new position in shares of Kulicke and Soffa Industries in the 4th quarter valued at about $970,000. 98.22% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Kulicke and Soffa Industries

In other Kulicke and Soffa Industries news, General Counsel Zi Yao Lim sold 1,500 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $102.98, for a total value of $154,470.00. Following the completion of the sale, the general counsel owned 21,214 shares of the company’s stock, valued at $2,184,617.72. This trade represents a 6.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Peter T. M. Kong sold 1,551 shares of Kulicke and Soffa Industries stock in a transaction that occurred 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 in the company, valued at $11,000,990. This represents a 1.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 98,051 shares of company stock worth $11,333,480 over the last 90 days. 1.20% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

KLIC has been the subject of a number of research analyst reports. Needham & Company LLC increased their target price on shares of Kulicke and Soffa Industries from $70.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Zacks Research cut shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 7th. Finally, 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. Two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $59.25.

Kulicke and Soffa Industries Price Performance

NASDAQ:KLIC opened at $82.86 on Thursday. The business’s 50-day moving average is $110.41 and its two-hundred day moving average is $85.76. The firm has a market capitalization of $4.34 billion, a PE ratio of 79.67 and a beta of 1.62. Kulicke and Soffa Industries, Inc. has a 12 month low of $31.32 and a 12 month high of $135.80.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued its earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $228.75 million. During the same quarter in the prior year, the business earned ($0.52) earnings per share. The company’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. Equities analysts anticipate that Kulicke and Soffa Industries, Inc. will post 2.85 EPS for the current year.

Kulicke and Soffa Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Shareholders of record on Thursday, June 18th were issued a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date was Thursday, June 18th. Kulicke and Soffa Industries’s dividend payout ratio is currently 78.85%.

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.