8,558 Shares in Kulicke and Soffa Industries, Inc. $KLIC Acquired by Counterpoint Mutual Funds LLC

Key Points

• Counterpoint Mutual Funds LLC initiated a new position in Kulicke and Soffa Industries, buying 8,558 shares valued at about $562,000 in the first quarter.
• The company posted strong quarterly results, with EPS of $0.79 versus $0.67 expected and revenue of $242.62 million, up nearly 50% year over year.
• Kulicke and Soffa also announced a quarterly dividend of $0.205 per share, while insiders have been selling shares and analysts currently view the stock as a Moderate Buy.

Counterpoint Mutual Funds LLC bought a new stake in shares of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 8,558 shares of the semiconductor company's stock, valued at approximately $562,000.

Other hedge funds also recently made changes to their positions in the company. Royal Bank of Canada lifted its stake in Kulicke and Soffa Industries by 10.0% during the first quarter. Royal Bank of Canada now owns 64,220 shares of the semiconductor company's stock worth $2,118,000 after purchasing an additional 5,836 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Kulicke and Soffa Industries by 168.8% during the 1st quarter. AQR Capital Management LLC now owns 49,445 shares of the semiconductor company's stock valued at $1,631,000 after buying an additional 31,048 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Kulicke and Soffa Industries by 2.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,080 shares of the semiconductor company's stock valued at $1,025,000 after buying an additional 877 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Kulicke and Soffa Industries by 8.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 155,842 shares of the semiconductor company's stock worth $5,140,000 after buying an additional 11,522 shares during the last quarter. Finally, Jane Street Group LLC lifted its position in Kulicke and Soffa Industries by 55.7% in the 1st quarter. Jane Street Group LLC now owns 66,898 shares of the semiconductor company's stock worth $2,206,000 after buying an additional 23,923 shares during the last quarter. 98.22% of the stock is owned by institutional investors.

Kulicke and Soffa Industries Price Performance

KLIC opened at $121.33 on Friday. The stock's 50 day simple moving average is $107.20 and its 200 day simple moving average is $78.45. The firm has a market cap of $6.35 billion, a price-to-earnings ratio of 116.66 and a beta of 1.62. Kulicke and Soffa Industries, Inc. has a 1 year low of $31.32 and a 1 year high of $135.80.

Kulicke and Soffa Industries (NASDAQ:KLIC - Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported $0.79 earnings per share 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 business's 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 anticipate that Kulicke and Soffa Industries, Inc. will post 2.85 EPS for the current year.

Kulicke and Soffa Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 8th. Investors of record on Thursday, June 18th will be issued a dividend of $0.205 per share. 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 currently 78.85%.

Analyst Ratings Changes

Several research firms have commented on KLIC. Weiss Ratings raised shares of Kulicke and Soffa Industries from a "sell (d+)" rating to a "hold (c)" rating in a research note on Monday, May 11th. Needham & Company LLC upped their price objective on shares of Kulicke and Soffa Industries from $70.00 to $105.00 and gave the company a "buy" rating in a research note on Thursday, May 7th. Finally, Zacks Research raised shares of Kulicke and Soffa Industries from a "hold" rating to a "strong-buy" rating in a report on Monday, May 11th. One equities research 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 stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $59.25.

Insider Buying and Selling at Kulicke and Soffa Industries

In other news, SVP Nelson Munpun Wong sold 15,000 shares of the company's stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $113.72, for a total transaction of $1,705,800.00. Following the completion of the transaction, the senior vice president directly owned 71,369 shares of the company's stock, 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 is accessible through this hyperlink. Also, Director Mui Sung Yeo sold 20,000 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $100.00, for a total value of $2,000,000.00. Following the completion of the sale, the director owned 59,197 shares of the company's stock, valued at approximately $5,919,700. This trade represents a 25.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 98,051 shares of company stock worth $11,333,480 over the last ninety days. 1.20% of the stock is owned by company insiders.

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.

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