Kulicke and Soffa Industries (NASDAQ:KLIC) SVP Robert Nestor Chylak Sells 7,098 Shares

by · The Markets Daily

Kulicke and Soffa Industries, Inc. (NASDAQ:KLICGet Free Report) SVP Robert Nestor Chylak sold 7,098 shares of Kulicke and Soffa Industries stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $73.28, for a total transaction of $520,141.44. Following the completion of the sale, the senior vice president owned 22,987 shares of the company’s stock, valued at $1,684,487.36. This trade represents a 23.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Kulicke and Soffa Industries Stock Up 0.0%

KLIC stock traded up $0.03 during midday trading on Wednesday, hitting $74.87. 1,036,647 shares of the company traded hands, compared to its average volume of 874,467. The stock has a market capitalization of $3.92 billion, a price-to-earnings ratio of -61.88 and a beta of 1.67. Kulicke and Soffa Industries, Inc. has a twelve month low of $26.63 and a twelve month high of $77.50. The business has a 50 day simple moving average of $54.03 and a 200-day simple moving average of $44.20.

Kulicke and Soffa Industries (NASDAQ:KLICGet Free Report) last posted its quarterly earnings results 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. Kulicke and Soffa Industries had a negative net margin of 9.40% and a negative return on equity of 1.13%. The company had revenue of $199.63 million for the quarter, compared to analyst estimates of $190.03 million. During the same period last year, the business posted $0.37 EPS. The business’s quarterly revenue was up 20.2% on a year-over-year basis. Kulicke and Soffa Industries has set its Q2 2026 guidance at 0.600-0.740 EPS. Equities research analysts forecast that Kulicke and Soffa Industries, Inc. will post 0.93 EPS for the current year.

Kulicke and Soffa Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Thursday, December 18th were given a $0.205 dividend. The ex-dividend date was Thursday, December 18th. This represents a $0.82 dividend on an annualized basis and a yield of 1.1%. Kulicke and Soffa Industries’s payout ratio is -67.77%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on KLIC. B. Riley Financial reissued a “neutral” rating and set a $39.00 price objective (up previously 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. DA Davidson restated a “buy” rating and set a $55.00 price objective on shares of Kulicke and Soffa Industries in a report on Friday, November 21st. Wall Street Zen raised Kulicke and Soffa Industries from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Finally, Zacks Research downgraded shares of Kulicke and Soffa Industries from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 20th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $50.50.

Get Our Latest Stock Report on KLIC

Hedge Funds Weigh In On Kulicke and Soffa Industries

Large investors have recently modified their holdings of the stock. Meeder Asset Management Inc. acquired a new stake in Kulicke and Soffa Industries during the 4th quarter worth approximately $30,000. Advisory Services Network LLC acquired a new stake in Kulicke and Soffa Industries during the third quarter worth about $29,000. Salomon & Ludwin LLC increased its holdings 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 period. Foster Dykema Cabot & Partners LLC acquired a new position in Kulicke and Soffa Industries during the third quarter valued at approximately $33,000. Finally, True Wealth Design LLC lifted its position in shares of Kulicke and Soffa Industries by 7,609.1% during the 2nd quarter. True Wealth Design LLC now owns 848 shares of the semiconductor company’s stock worth $29,000 after buying an additional 837 shares during the last quarter. 98.22% of the stock is owned by institutional investors.

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.

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