Kulicke and Soffa Industries (NASDAQ:KLIC) SVP Nelson Munpun Wong Sells 15,000 Shares

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) SVP Nelson Munpun Wong sold 15,000 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $113.72, for a total value of $1,705,800.00. Following the completion of the sale, the senior vice president directly owned 71,369 shares in the company, valued at approximately $8,116,082.68. This represents a 17.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Kulicke and Soffa Industries Stock Performance

Shares of NASDAQ:KLIC opened at $115.43 on Tuesday. The company has a market cap of $6.04 billion, a P/E ratio of 110.99 and a beta of 1.69. The stock’s 50-day moving average is $93.77 and its 200-day moving average is $71.01. Kulicke and Soffa Industries, Inc. has a 52-week low of $31.32 and a 52-week high of $117.96.

Kulicke and Soffa Industries (NASDAQ:KLIC) last issued 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 company had revenue of $242.62 million for 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 firm’s revenue was up 49.8% compared to the same quarter last year. During the same period last year, the business posted ($0.52) earnings per share. Kulicke and Soffa Industries has set its Q3 2026 guidance at 1.000- EPS. As a group, equities analysts predict that Kulicke and Soffa Industries, Inc. will post 2.85 EPS for the current year.

Kulicke and Soffa Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Stockholders of record on Thursday, June 18th will be given a $0.205 dividend. This represents a $0.82 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, June 18th. Kulicke and Soffa Industries’s dividend payout ratio (DPR) is currently 78.85%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on KLIC. Needham & Company LLC raised their price target on Kulicke and Soffa Industries from $70.00 to $105.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Weiss Ratings raised Kulicke and Soffa Industries from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Finally, Zacks Research raised Kulicke and Soffa Industries from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. One 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, the stock has a consensus rating of “Moderate Buy” and an average price target of $59.25.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Public Sector Pension Investment Board increased its holdings in shares of Kulicke and Soffa Industries by 13.1% during the third quarter. Public Sector Pension Investment Board now owns 203,406 shares of the semiconductor company’s stock worth $8,266,000 after buying an additional 23,482 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Kulicke and Soffa Industries by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 3,513,023 shares of the semiconductor company’s stock worth $160,053,000 after buying an additional 20,535 shares in the last quarter. Fort Washington Investment Advisors Inc. OH increased its holdings in shares of Kulicke and Soffa Industries by 40.7% during the fourth quarter. Fort Washington Investment Advisors Inc. OH now owns 607,136 shares of the semiconductor company’s stock worth $27,661,000 after buying an additional 175,744 shares in the last quarter. Kingsview Wealth Management LLC acquired a new stake in shares of Kulicke and Soffa Industries during the fourth quarter worth approximately $3,245,000. Finally, Elo Mutual Pension Insurance Co acquired a new stake in shares of Kulicke and Soffa Industries during the third quarter worth approximately $883,000. Institutional investors own 98.22% of the company’s stock.

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.