Ceredex Value Advisors LLC Makes New $14.39 Million Investment in Kulicke and Soffa Industries, Inc. $KLIC

Key Points

• Ceredex Value Advisors initiated a $14.39 million position in Kulicke and Soffa Industries, purchasing 107,600 shares, while institutional investors collectively own 98.22% of the company.
• Analyst sentiment is positive overall, with the stock carrying a “Moderate Buy” consensus rating; Needham raised its price target to $115, and Zacks upgraded the shares to “Strong Buy.”
• Kulicke and Soffa reported quarterly adjusted EPS of $1.20 and revenue of $330.41 million, beating estimates and marking 122.6% year-over-year revenue growth. However, insiders sold 76,551 shares worth about $9.18 million during the last quarter.

Ceredex Value Advisors LLC bought a new position in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The firm bought 107,600 shares of the semiconductor company's stock, valued at approximately $14,393,000. Ceredex Value Advisors LLC owned 0.21% of Kulicke and Soffa Industries at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Summit Securities Group LLC bought a new position in shares of Kulicke and Soffa Industries during the first quarter valued at approximately $26,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Kulicke and Soffa Industries during the 2nd quarter valued at approximately $28,000. Advisory Services Network LLC purchased a new position in Kulicke and Soffa Industries during the third quarter valued at $29,000. Meeder Asset Management Inc. bought a new stake in Kulicke and Soffa Industries in the fourth quarter worth $30,000. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of 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 buying an additional 933 shares during the last quarter. Hedge funds and other institutional investors own 98.22% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Kulicke and Soffa Industries in a report on Friday, August 7th. Needham & Company LLC raised their price target on shares of Kulicke and Soffa Industries from $105.00 to $115.00 and gave the company a "buy" rating in a report on Thursday, August 6th. Finally, Zacks Research upgraded shares of Kulicke and Soffa Industries from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $69.67.

Insider Transactions at Kulicke and Soffa Industries

In related news, SVP Nelson Munpun Wong sold 15,000 shares of the business's stock in a transaction that occurred on Friday, June 12th. The stock was 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 in the company, valued at approximately $8,116,082.68. The trade was a 17.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Peter T. M. Kong sold 1,551 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $110.00, for a total transaction of $170,610.00. Following the completion of the sale, the director directly owned 100,009 shares of the company's stock, valued at $11,000,990. This represents a 1.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 76,551 shares of company stock valued at $9,179,010 over the last quarter. 1.20% of the stock is currently owned by company insiders.

Kulicke and Soffa Industries Price Performance

Shares of Kulicke and Soffa Industries stock opened at $85.13 on Friday. Kulicke and Soffa Industries, Inc. has a 1-year low of $35.02 and a 1-year high of $135.80. The company's fifty day simple moving average is $106.30 and its 200-day simple moving average is $89.63. The stock has a market capitalization of $4.45 billion, a PE ratio of 39.23 and a beta of 1.67.

Kulicke and Soffa Industries (NASDAQ:KLIC - Get Free Report) last announced its earnings results on Wednesday, August 5th. The semiconductor company reported $1.20 EPS for the quarter, topping analysts' consensus estimates of $1.06 by $0.14. The company had revenue of $330.41 million for the quarter, compared to analysts' expectations of $308.50 million. Kulicke and Soffa Industries had a return on equity of 14.39% and a net margin of 12.18%.Kulicke and Soffa Industries's revenue for the quarter was up 122.6% compared to the same quarter last year. During the same period last year, the firm earned $0.07 EPS. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. As a group, research analysts anticipate that Kulicke and Soffa Industries, Inc. will post 3.38 EPS for the current year.

Kulicke and Soffa Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Thursday, June 18th were paid a $0.205 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $0.82 annualized dividend and a dividend yield of 1.0%. Kulicke and Soffa Industries's dividend payout ratio (DPR) is 37.79%.

Kulicke and Soffa Industries 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.

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