Kulicke and Soffa Industries (NASDAQ:KLIC) CEO Lester Wong Sells 60,000 Shares

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) CEO Lester Wong sold 60,000 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $121.71, for a total value of $7,302,600.00. Following the completion of the transaction, the chief executive officer directly owned 50,743 shares of the company’s stock, valued at $6,175,930.53. This represents a 54.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Kulicke and Soffa Industries Price Performance

KLIC opened at $124.22 on Tuesday. Kulicke and Soffa Industries, Inc. has a fifty-two week low of $31.32 and a fifty-two week high of $125.14. The firm has a market capitalization of $6.50 billion, a price-to-earnings ratio of 119.44 and a beta of 1.69. The company’s 50 day moving average price is $98.86 and its two-hundred day moving average price is $73.66.

Kulicke and Soffa Industries (NASDAQ:KLIC) last announced its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.12. The firm had revenue of $242.62 million during the quarter, compared to analysts’ expectations of $228.75 million. Kulicke and Soffa Industries had a net margin of 7.16% and a return on equity of 7.29%. The company’s revenue was up 49.8% on a year-over-year basis. During the same period in the prior year, the company posted ($0.52) EPS. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. As a group, equities research analysts predict that Kulicke and Soffa Industries, Inc. will post 2.85 EPS for the current year.

Kulicke and Soffa Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Thursday, June 18th will be issued a $0.205 dividend. This represents a $0.82 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Thursday, June 18th. Kulicke and Soffa Industries’s dividend payout ratio is presently 78.85%.

Institutional Investors Weigh In On Kulicke and Soffa Industries

Institutional investors have recently modified their holdings of the company. Summit Securities Group LLC bought a new position in Kulicke and Soffa Industries during the first quarter worth $26,000. Advisory Services Network LLC acquired a new position in Kulicke and Soffa Industries in the third quarter valued at $29,000. Meeder Asset Management Inc. acquired a new position in Kulicke and Soffa Industries in the fourth quarter valued at $30,000. Foster Dykema Cabot & Partners LLC bought a new stake in Kulicke and Soffa Industries during the third quarter valued at $33,000. Finally, EverSource Wealth Advisors LLC boosted its position in Kulicke and Soffa Industries by 2,665.7% during the second quarter. EverSource Wealth Advisors LLC now owns 968 shares of the semiconductor company’s stock valued at $33,000 after acquiring an additional 933 shares during the last quarter. 98.22% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

KLIC has been the topic of several recent research reports. 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 raised Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 11th. Finally, Needham & Company LLC raised their price objective on Kulicke and Soffa Industries from $70.00 to $105.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Kulicke and Soffa Industries presently has a consensus rating of “Moderate Buy” and an average price target 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.