Shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC – Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $50.76 and traded as high as $68.34. Kulicke and Soffa Industries shares last traded at $68.04, with a volume of 532,985 shares.
Analyst Ratings Changes
KLIC has been the topic of several recent research reports. Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Wall Street Zen raised Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. Needham & Company LLC upped 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 research report on Thursday, February 5th. Finally, Weiss Ratings lowered shares of Kulicke and Soffa Industries from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $50.50.
Read Our Latest Stock Analysis on Kulicke and Soffa Industries
Kulicke and Soffa Industries Stock Performance
Kulicke and Soffa Industries (NASDAQ:KLIC – Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The semiconductor company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.11. The company had revenue of $199.63 million during the quarter, compared to the consensus estimate 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 revenue was up 20.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.37 earnings per share. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. Analysts forecast that Kulicke and Soffa Industries, Inc. will post 0.93 earnings per share for the current year.
Kulicke and Soffa Industries Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Thursday, March 19th will be paid a $0.205 dividend. The ex-dividend date of this dividend is Thursday, March 19th. This represents a $0.82 annualized dividend and a dividend yield of 1.2%. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is currently -67.77%.
Insider Buying and Selling
In other news, General Counsel Zi Yao Lim sold 1,000 shares of the business’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $71.54, for a total value of $71,540.00. Following the sale, the general counsel directly owned 22,714 shares in the company, valued at $1,624,959.56. The trade was a 4.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Robert Nestor Chylak sold 7,098 shares of the company’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $73.28, for a total value of $520,141.44. Following the transaction, the senior vice president directly owned 22,987 shares of the company’s stock, valued at $1,684,487.36. This represents a 23.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 106,605 shares of company stock valued at $6,780,486. Corporate insiders own 1.20% of the company’s stock.
Hedge Funds Weigh In On Kulicke and Soffa Industries
Several hedge funds have recently made changes to their positions in the business. Advisory Services Network LLC bought a new stake in shares of Kulicke and Soffa Industries in the third quarter worth $29,000. Meeder Asset Management Inc. bought a new position in Kulicke and Soffa Industries in the fourth quarter valued at $30,000. Foster Dykema Cabot & Partners LLC bought a new position in Kulicke and Soffa Industries in the third quarter valued at $33,000. EverSource Wealth Advisors LLC increased its stake in 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 buying an additional 933 shares during the last quarter. Finally, Salomon & Ludwin LLC increased its stake in Kulicke and Soffa Industries by 48.4% in the 4th quarter. Salomon & Ludwin LLC now owns 779 shares of the semiconductor company’s stock valued at $35,000 after buying an additional 254 shares during the last quarter. 98.22% of the stock is owned by institutional investors.
Kulicke and Soffa Industries Company Profile
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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