Kulicke and Soffa Industries, Inc. $KLIC Shares Sold by Oak Associates Ltd. OH

Oak Associates Ltd. OH lowered its stake in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 23.8% in the first quarter, HoldingsChannel.com reports. The firm owned 61,401 shares of the semiconductor company’s stock after selling 19,141 shares during the period. Oak Associates Ltd. OH’s holdings in Kulicke and Soffa Industries were worth $4,035,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Kulicke and Soffa Industries by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 3,513,023 shares of the semiconductor company’s stock worth $160,053,000 after buying an additional 20,535 shares in the last quarter. Louisiana State Employees Retirement System acquired a new stake in shares of Kulicke and Soffa Industries in the 1st quarter worth approximately $1,525,000. Kingsview Wealth Management LLC bought a new position in shares of Kulicke and Soffa Industries in the fourth quarter valued at approximately $3,245,000. Fort Washington Investment Advisors Inc. OH increased its stake in shares of Kulicke and Soffa Industries by 40.7% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 607,136 shares of the semiconductor company’s stock valued at $27,661,000 after acquiring an additional 175,744 shares during the period. Finally, Nano Cap New Millennium Growth Fund L P acquired a new position in shares of Kulicke and Soffa Industries during the fourth quarter valued at approximately $911,000. Institutional investors and hedge funds own 98.22% of the company’s stock.

Kulicke and Soffa Industries Price Performance

Kulicke and Soffa Industries stock opened at $106.08 on Friday. The firm’s 50 day simple moving average is $110.95 and its 200-day simple moving average is $84.63. The company has a market cap of $5.55 billion, a P/E ratio of 102.00 and a beta of 1.62. Kulicke and Soffa Industries, Inc. has a fifty-two week low of $31.32 and a fifty-two week high of $135.80.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share for the quarter, beating 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 firm had revenue of $242.62 million for the quarter, compared to analyst estimates of $228.75 million. During the same period in the previous year, the firm earned ($0.52) earnings per share. Kulicke and Soffa Industries’s quarterly 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. On average, analysts expect that Kulicke and Soffa Industries, Inc. will post 2.85 EPS for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 8th. Investors of record on Thursday, June 18th were issued a dividend of $0.205 per share. This represents a $0.82 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Thursday, June 18th. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is currently 78.85%.

Insider Buying and Selling at Kulicke and Soffa Industries

In other Kulicke and Soffa Industries news, SVP Nelson Munpun Wong sold 15,000 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $113.72, for a total value of $1,705,800.00. Following the completion of the sale, the senior vice president owned 71,369 shares in the company, valued at $8,116,082.68. This represents a 17.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mui Sung Yeo sold 20,000 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $100.00, for a total transaction of $2,000,000.00. Following the transaction, the director owned 59,197 shares in the company, valued at approximately $5,919,700. This represents a 25.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 98,051 shares of company stock valued at $11,333,480 in the last 90 days. Corporate insiders own 1.20% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Weiss Ratings raised Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Zacks Research lowered Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 7th. Finally, Needham & Company LLC boosted 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. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Kulicke and Soffa Industries presently has a consensus rating of “Hold” and an average target price of $59.25.

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.