Kulicke and Soffa Industries (NASDAQ:KLIC) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLICGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $62.51 and traded as high as $101.56. Kulicke and Soffa Industries shares last traded at $101.23, with a volume of 637,678 shares.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Zacks Research upgraded Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Weiss Ratings upgraded Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Needham & Company LLC lifted their target price on Kulicke and Soffa Industries from $70.00 to $105.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Finally, Wall Street Zen upgraded Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $59.25.

View Our Latest Research Report on KLIC

Kulicke and Soffa Industries Price Performance

The stock has a market cap of $5.30 billion, a P/E ratio of 97.34 and a beta of 1.66. The company has a fifty day moving average price of $79.23 and a 200 day moving average price of $62.51.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last released its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported $0.79 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 the consensus estimate of $228.75 million. Kulicke and Soffa Industries had a return on equity of 7.29% and a net margin of 7.16%.The company’s quarterly revenue was up 49.8% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.52) earnings per share. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. As a group, sell-side analysts expect that Kulicke and Soffa Industries, Inc. will post 2.85 earnings per share for the current fiscal year.

Kulicke and Soffa Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Stockholders of record on Thursday, March 19th were issued a dividend of $0.205 per share. The ex-dividend date was Thursday, March 19th. This represents a $0.82 annualized dividend and a dividend yield of 0.8%. Kulicke and Soffa Industries’s payout ratio is currently 78.85%.

Insider Activity at Kulicke and Soffa Industries

In other news, General Counsel Zi Yao Lim sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $102.98, for a total transaction of $154,470.00. Following the completion of the sale, the general counsel owned 21,214 shares in the company, valued at $2,184,617.72. The trade was a 6.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director David Jeffrey Richardson sold 9,364 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $72.19, for a total value of $675,987.16. Following the sale, the director owned 17,694 shares of the company’s stock, valued at approximately $1,277,329.86. This represents a 34.61% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 1.20% of the company’s stock.

Institutional Investors Weigh In On Kulicke and Soffa Industries

Several institutional investors have recently bought and sold shares of KLIC. Summit Securities Group LLC bought a new stake in Kulicke and Soffa Industries during the first quarter worth $26,000. Advisory Services Network LLC bought a new stake in Kulicke and Soffa Industries during the third quarter worth $29,000. Meeder Asset Management Inc. bought a new stake in Kulicke and Soffa Industries during the fourth quarter worth $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 grew its holdings 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 worth $33,000 after buying an additional 933 shares in the last quarter. Institutional investors own 98.22% of the company’s stock.

About Kulicke and Soffa Industries

(Get 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.

Further Reading

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