Kulicke and Soffa Industries (NASDAQ:KLIC) Raised to “Strong-Buy” at Zacks Research

Kulicke and Soffa Industries (NASDAQ:KLIC) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Wednesday,Zacks.com reports.

A number of other analysts have also recently commented on KLIC. Needham & Company LLC increased their price target on shares of Kulicke and Soffa Industries from $64.00 to $70.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. DA Davidson reaffirmed a “buy” rating and issued a $55.00 target price on shares of Kulicke and Soffa Industries in a report on Friday, November 21st. Weiss Ratings downgraded shares of Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 6th. Wall Street Zen raised Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 7th. Finally, B. Riley Financial reaffirmed a “neutral” rating and issued a $39.00 price objective (up from $35.00) on shares of Kulicke and Soffa Industries in a research report on Friday, November 21st. One investment 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 given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $50.50.

Kulicke and Soffa Industries Price Performance

KLIC stock traded up $1.42 during midday trading on Wednesday, hitting $70.88. The company’s stock had a trading volume of 150,317 shares, compared to its average volume of 871,671. Kulicke and Soffa Industries has a twelve month low of $26.63 and a twelve month high of $77.50. The company’s fifty day moving average price is $56.69 and its 200 day moving average price is $45.67. The stock has a market capitalization of $3.71 billion, a P/E ratio of -58.71 and a beta of 1.67.

Kulicke and Soffa Industries (NASDAQ:KLIC) last released its earnings results on Wednesday, February 4th. The semiconductor company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.11. Kulicke and Soffa Industries had a negative return on equity of 1.13% and a negative net margin of 9.40%.The business had revenue of $199.63 million for the quarter, compared to the consensus estimate of $190.03 million. During the same quarter in the previous year, the business earned $0.37 earnings per share. Kulicke and Soffa Industries’s quarterly revenue was up 20.2% on a year-over-year basis. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. Equities analysts expect that Kulicke and Soffa Industries will post 0.93 EPS for the current fiscal year.

Insider Buying and Selling at Kulicke and Soffa Industries

In related news, General Counsel Zi Yao Lim sold 1,000 shares of the company’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $71.54, for a total value of $71,540.00. Following the transaction, the general counsel directly owned 22,714 shares in the company, valued at approximately $1,624,959.56. This represents a 4.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Mui Sung Yeo sold 19,143 shares of the firm’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $71.98, for a total transaction of $1,377,913.14. Following the transaction, the director directly owned 78,522 shares in the company, valued at approximately $5,652,013.56. This represents a 19.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 103,245 shares of company stock worth $6,400,049. Insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. True Wealth Design LLC raised its position in shares of Kulicke and Soffa Industries by 7,609.1% in the 2nd quarter. True Wealth Design LLC now owns 848 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 837 shares in the last quarter. Advisory Services Network LLC acquired a new position in Kulicke and Soffa Industries during the third quarter valued at approximately $29,000. Meeder Asset Management Inc. acquired a new position in Kulicke and Soffa Industries during the fourth quarter valued at approximately $30,000. Foster Dykema Cabot & Partners LLC bought a new stake in Kulicke and Soffa Industries during the third quarter worth $33,000. Finally, EverSource Wealth Advisors LLC boosted its holdings 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. Institutional investors own 98.22% of the company’s stock.

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.