Kulicke and Soffa Industries, Inc. $KLIC Shares Sold by American Century Companies Inc.

American Century Companies Inc. cut its stake in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) by 25.5% in the 3rd quarter, Holdings Channel reports. The fund owned 1,723,382 shares of the semiconductor company’s stock after selling 589,996 shares during the quarter. American Century Companies Inc.’s holdings in Kulicke and Soffa Industries were worth $70,038,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of KLIC. Royal Bank of Canada raised its stake in shares of Kulicke and Soffa Industries by 10.0% during the first quarter. Royal Bank of Canada now owns 64,220 shares of the semiconductor company’s stock worth $2,118,000 after purchasing an additional 5,836 shares during the last quarter. AQR Capital Management LLC increased its stake in Kulicke and Soffa Industries by 168.8% in the 1st quarter. AQR Capital Management LLC now owns 49,445 shares of the semiconductor company’s stock valued at $1,631,000 after buying an additional 31,048 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Kulicke and Soffa Industries by 2.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,080 shares of the semiconductor company’s stock valued at $1,025,000 after buying an additional 877 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Kulicke and Soffa Industries by 8.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 155,842 shares of the semiconductor company’s stock worth $5,140,000 after buying an additional 11,522 shares during the last quarter. Finally, Jane Street Group LLC lifted its stake in shares of Kulicke and Soffa Industries by 55.7% in the 1st quarter. Jane Street Group LLC now owns 66,898 shares of the semiconductor company’s stock worth $2,206,000 after acquiring an additional 23,923 shares during the period. 98.22% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

KLIC has been the topic of a number of recent analyst reports. Zacks Research upgraded shares of Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. 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 report on Friday, November 21st. Weiss Ratings downgraded 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 report on Saturday, February 7th. Finally, DA Davidson reaffirmed a “buy” rating and set a $55.00 price objective on shares of Kulicke and Soffa Industries in a report on Friday, November 21st. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $50.50.

Kulicke and Soffa Industries Price Performance

Shares of KLIC opened at $67.75 on Thursday. Kulicke and Soffa Industries, Inc. has a 1-year low of $26.63 and a 1-year high of $77.50. The stock has a market cap of $3.55 billion, a price-to-earnings ratio of -55.99 and a beta of 1.58. The firm has a 50 day simple moving average of $60.89 and a 200-day simple moving average of $47.93.

Kulicke and Soffa Industries (NASDAQ:KLIC) last posted 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. The firm had revenue of $199.63 million for the quarter, compared to analyst estimates of $190.03 million. Kulicke and Soffa Industries had a negative return on equity of 1.13% and a negative net margin of 9.40%.Kulicke and Soffa Industries’s revenue was up 20.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.37 EPS. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. On average, equities analysts expect that Kulicke and Soffa Industries, Inc. will post 0.93 earnings per share 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 Kulicke and Soffa Industries stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $71.54, for a total transaction of $71,540.00. Following the completion of the sale, the general counsel owned 22,714 shares in the company, valued at approximately $1,624,959.56. This trade represents a 4.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Mui Sung Yeo sold 19,143 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $71.98, for a total transaction of $1,377,913.14. Following the completion of the transaction, the director directly owned 78,522 shares of the company’s stock, valued at $5,652,013.56. The trade was a 19.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 111,609 shares of company stock valued at $7,031,036. 1.20% of the stock is owned by company insiders.

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.