CloudAlpha Capital Management Limited Hong Kong Purchases New Shares in Kulicke and Soffa Industries, Inc. $KLIC

CloudAlpha Capital Management Limited Hong Kong bought a new stake in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLICFree Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 30,752 shares of the semiconductor company’s stock, valued at approximately $1,250,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company boosted its holdings in shares of Kulicke and Soffa Industries by 21.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,348,020 shares of the semiconductor company’s stock valued at $81,241,000 after buying an additional 409,116 shares in the last quarter. American Century Companies Inc. lifted its position in Kulicke and Soffa Industries by 20.4% in the 2nd quarter. American Century Companies Inc. now owns 2,313,378 shares of the semiconductor company’s stock valued at $80,043,000 after acquiring an additional 392,691 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Kulicke and Soffa Industries by 0.8% during the second quarter. Geode Capital Management LLC now owns 1,280,025 shares of the semiconductor company’s stock valued at $44,295,000 after buying an additional 10,722 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Kulicke and Soffa Industries by 5.5% during the 2nd quarter. Invesco Ltd. now owns 718,632 shares of the semiconductor company’s stock valued at $24,865,000 after acquiring an additional 37,225 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in Kulicke and Soffa Industries by 1.6% in the second quarter. Bank of New York Mellon Corp now owns 445,483 shares of the semiconductor company’s stock worth $15,414,000 after purchasing an additional 7,088 shares during the last quarter. 98.22% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Kulicke and Soffa Industries

In other news, General Counsel Zi Yao Lim sold 1,000 shares of the business’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $45.00, for a total value of $45,000.00. Following the completion of the sale, the general counsel owned 23,714 shares in the company, valued at approximately $1,067,130. The trade was a 4.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Nelson Munpun Wong sold 39,800 shares of Kulicke and Soffa Industries stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $60.98, for a total value of $2,427,004.00. Following the completion of the transaction, the senior vice president owned 86,369 shares in the company, valued at $5,266,781.62. This represents a 31.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 76,004 shares of company stock worth $4,430,454 in the last three months. Insiders own 1.20% of the company’s stock.

Analysts Set New Price Targets

KLIC has been the topic of a number of recent research reports. Weiss Ratings downgraded Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a report on Friday. Zacks Research downgraded shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 20th. B. Riley Financial reissued a “neutral” rating and issued a $39.00 price target (up from $35.00) on shares of Kulicke and Soffa Industries in a report on Friday, November 21st. DA Davidson reissued a “buy” rating and set a $55.00 price objective on shares of Kulicke and Soffa Industries in a report on Friday, November 21st. Finally, Needham & Company LLC raised their target price on shares of Kulicke and Soffa Industries from $64.00 to $70.00 and gave the company a “buy” rating in a report on Thursday. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Kulicke and Soffa Industries currently has a consensus rating of “Hold” and a consensus target price of $50.50.

Check Out Our Latest Stock Analysis on Kulicke and Soffa Industries

Kulicke and Soffa Industries Stock Up 2.8%

Shares of Kulicke and Soffa Industries stock opened at $72.92 on Tuesday. The company has a market capitalization of $3.82 billion, a PE ratio of -60.26 and a beta of 1.67. Kulicke and Soffa Industries, Inc. has a 52 week low of $26.63 and a 52 week high of $73.00. The stock’s fifty day moving average is $52.87 and its two-hundred day moving average is $43.69.

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

Kulicke and Soffa Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Thursday, December 18th were paid a dividend of $0.205 per share. The ex-dividend date was Thursday, December 18th. This represents a $0.82 annualized dividend and a dividend yield of 1.1%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is currently -67.77%.

Kulicke and Soffa Industries Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Kulicke and Soffa Industries (NASDAQ:KLIC)

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