First National Bank of Omaha Takes $2.81 Million Position in Kulicke and Soffa Industries, Inc. $KLIC

Key Points

• First National Bank of Omaha acquired 21,034 shares of Kulicke and Soffa Industries worth approximately $2.81 million in the second quarter. Institutional investors now own 98.22% of the company.
• Analyst sentiment is generally positive, with an average rating of “Moderate Buy” and an average price target of $69.67; Needham raised its target to $115, while Zacks upgraded the stock to “Strong Buy.”
• Kulicke and Soffa reported quarterly EPS of $1.20 versus estimates of $1.06, while revenue rose 122.6% year over year to $330.41 million. However, shares were trading down 9.5%, and company insiders sold $9.18 million in stock over the past three months.

First National Bank of Omaha bought a new stake in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 21,034 shares of the semiconductor company's stock, valued at approximately $2,814,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in KLIC. Citizens Financial Group Inc. RI acquired a new stake in shares of Kulicke and Soffa Industries in the second quarter valued at about $256,000. Auxano Advisors LLC bought a new stake in Kulicke and Soffa Industries in the 2nd quarter valued at about $629,000. BlackRock Inc. bought a new position in shares of Kulicke and Soffa Industries in the 2nd quarter worth $1,204,835,000. Pallas Capital Advisors LLC bought a new position in Kulicke and Soffa Industries in the 2nd quarter valued at about $925,000. Finally, Deutsche Bank AG purchased a new position in shares of Kulicke and Soffa Industries during the second quarter valued at approximately $22,152,000. 98.22% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Insiders Place Their Bets

In other news, CEO Lester A. Wong sold 60,000 shares of Kulicke and Soffa Industries stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $121.71, for a total transaction of $7,302,600.00. Following the sale, the chief executive officer owned 50,743 shares in the company, valued at $6,175,930.53. This trade represents a 54.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Nelson Munpun Wong sold 15,000 shares of the 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 transaction, the senior vice president directly owned 71,369 shares of the company's stock, valued at $8,116,082.68. This trade represents a 17.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 76,551 shares of company stock worth $9,179,010 in the last three months. 1.20% of the stock is owned by company insiders.

Kulicke and Soffa Industries Trading Down 9.5%

Shares of NASDAQ KLIC opened at $92.06 on Wednesday. Kulicke and Soffa Industries, Inc. has a 12-month low of $35.02 and a 12-month high of $135.80. The firm has a market capitalization of $4.82 billion, a price-to-earnings ratio of 42.42 and a beta of 1.67. The firm has a 50 day moving average of $107.15 and a 200 day moving average of $89.24.

Kulicke and Soffa Industries (NASDAQ:KLIC - Get Free Report) last issued its quarterly 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 business had revenue of $330.41 million during 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%.The business's quarterly revenue was up 122.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.07 earnings per share. Kulicke and Soffa Industries has set its Q4 2026 guidance at 1.278-1.562 EPS. Sell-side analysts predict that Kulicke and Soffa Industries, Inc. will post 3.38 EPS for the current year.

Kulicke and Soffa Industries Dividend Announcement

The firm 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 dividend on an annualized basis and a dividend yield of 0.9%. Kulicke and Soffa Industries's dividend payout ratio 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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