Grandeur Peak Global Advisors LLC Takes $4.84 Million Position in Kulicke and Soffa Industries, Inc. $KLIC

Grandeur Peak Global Advisors LLC acquired a new position in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 60,027 shares of the semiconductor company's stock, valued at approximately $4,839,000. Kulicke and Soffa Industries comprises about 1.0% of Grandeur Peak Global Advisors LLC's holdings, making the stock its 25th largest holding. Grandeur Peak Global Advisors LLC owned approximately 0.11% of Kulicke and Soffa Industries as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of KLIC. MassMutual Private Wealth & Trust FSB grew its holdings in Kulicke and Soffa Industries by 12.6% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 877 shares of the semiconductor company's stock worth $117,000 after purchasing an additional 98 shares during the last quarter. CIBC Asset Management Inc raised its stake in Kulicke and Soffa Industries by 3.4% in the fourth quarter. CIBC Asset Management Inc now owns 5,231 shares of the semiconductor company's stock valued at $238,000 after buying an additional 171 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in Kulicke and Soffa Industries by 2.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,556 shares of the semiconductor company's stock worth $344,000 after acquiring an additional 172 shares in the last quarter. ProShare Advisors LLC boosted its holdings in Kulicke and Soffa Industries by 2.0% in the fourth quarter. ProShare Advisors LLC now owns 9,926 shares of the semiconductor company's stock worth $452,000 after acquiring an additional 198 shares in the last quarter. Finally, HighTower Advisors LLC grew its stake in shares of Kulicke and Soffa Industries by 3.0% during the fourth quarter. HighTower Advisors LLC now owns 6,929 shares of the semiconductor company's stock worth $316,000 after acquiring an additional 205 shares during the last quarter. Hedge funds and other institutional investors own 98.22% of the company's stock.

Analysts Set New Price Targets

KLIC has been the subject of several research analyst reports. Zacks Research raised shares of Kulicke and Soffa Industries from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 11th. Needham & Company LLC upped 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 research note 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 investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $69.67.

Kulicke and Soffa Industries Price Performance

NASDAQ KLIC opened at $84.67 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 has a market capitalization of $4.43 billion, a PE ratio of 39.02 and a beta of 1.67. The company has a fifty day moving average of $103.08 and a 200 day moving average of $90.44.

Kulicke and Soffa Industries (NASDAQ:KLIC - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The semiconductor company reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.06 by $0.14. The company had revenue of $330.41 million for the quarter, compared to the consensus estimate of $308.50 million. Kulicke and Soffa Industries had a return on equity of 14.39% and a net margin of 12.18%.The firm'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. Research analysts expect that Kulicke and Soffa Industries, Inc. will post 3.38 earnings per share for the current year.

Kulicke and Soffa Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 7th. Investors of record on Thursday, September 17th will be given a dividend of $0.205 per share. This represents a $0.82 annualized dividend and a yield of 1.0%. The ex-dividend date is Thursday, September 17th. Kulicke and Soffa Industries's dividend payout ratio (DPR) is currently 37.79%.

Insider Activity at Kulicke and Soffa Industries

In other news, SVP Nelson Munpun Wong sold 15,000 shares of the firm's stock in a transaction that occurred on 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 sale, the senior vice president 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. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Peter T. M. Kong sold 1,551 shares of Kulicke and Soffa Industries stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $110.00, for a total transaction of $170,610.00. Following the transaction, the director directly owned 100,009 shares of the company's stock, valued at approximately $11,000,990. This trade represents a 1.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 76,551 shares of company stock worth $9,179,010. 1.20% of the stock is owned by corporate insiders.

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.

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