19 hours Ago By ABMN Staff
Empowered Funds LLC bought a new position in Kulicke and Soffa Industries, Inc. ( NASDAQ:KLIC – Free Report ) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 7,406 shares of the semiconductor company’s stock, valued at approximately $346,000.
Other institutional investors have also bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Kulicke and Soffa Industries by 1.3% during the third quarter.
Zurcher Kantonalbank Zurich Cantonalbank now owns 19,735 shares of the semiconductor company’s stock valued at $891,000 after purchasing an additional 250 shares in the last quarter. Harbor Capital Advisors Inc. raised its position in shares of Kulicke and Soffa Industries by 1.
0% during the 4th quarter. Harbor Capital Advisors Inc. now owns 36,329 shares of the semiconductor company’s stock valued at $1,695,000 after buying an additional 371 shares in the last quarter.
GAMMA Investing LLC raised its position in shares of Kulicke and Soffa Industries by 61.0% during the 4th quarter. GAMMA Investing LLC now owns 1,021 shares of the semiconductor company’s stock valued at $48,000 after buying an additional 387 shares in the last quarter.
Advisors Asset Management Inc. lifted its holdings in shares of Kulicke and Soffa Industries by 137.5% in the 3rd quarter.
Advisors Asset Management Inc. now owns 715 shares of the semiconductor company’s stock valued at $32,000 after acquiring an additional 414 shares during the last quarter. Finally, Meritage Portfolio Management increased its stake in Kulicke and Soffa Industries by 9.
4% during the third quarter. Meritage Portfolio Management now owns 6,054 shares of the semiconductor company’s stock worth $273,000 after acquiring an additional 519 shares during the last quarter. Hedge funds and other institutional investors own 98.
22% of the company’s stock. Insider Activity In other Kulicke and Soffa Industries news, SVP Robert Nestor Chylak sold 11,391 shares of Kulicke and Soffa Industries stock in a transaction on Monday, December 9th. The stock was sold at an average price of $49.
52, for a total transaction of $564,082.32. Following the completion of the sale, the senior vice president now directly owns 20,838 shares of the company’s stock, valued at $1,031,897.
76. The trade was a 35.34 % decrease in their position.
The sale was disclosed in a document filed with the SEC, which is available at this hyperlink . Also, CEO Fusen Ernie Chen sold 80,000 shares of the stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $48.
29, for a total value of $3,863,200.00. Following the transaction, the chief executive officer now directly owns 1,100,765 shares in the company, valued at $53,155,941.
85. The trade was a 6.78 % decrease in their position.
The disclosure for this sale can be found here . Over the last ninety days, insiders sold 121,391 shares of company stock valued at $5,870,582. 3.
40% of the stock is currently owned by company insiders. Analyst Upgrades and Downgrades Get Our Latest Analysis on KLIC Kulicke and Soffa Industries Price Performance Shares of NASDAQ:KLIC opened at $43.06 on Friday.
The firm has a market capitalization of $2.30 billion, a PE ratio of 358.83 and a beta of 1.
36. The business has a 50 day simple moving average of $45.62 and a two-hundred day simple moving average of $44.
87. Kulicke and Soffa Industries, Inc. has a 1 year low of $38.
20 and a 1 year high of $53.71. Kulicke and Soffa Industries ( NASDAQ:KLIC – Get Free Report ) last announced its quarterly earnings data on Tuesday, February 4th.
The semiconductor company reported $0.27 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.
01). Kulicke and Soffa Industries had a net margin of 0.48% and a negative return on equity of 1.
26%. Equities research analysts expect that Kulicke and Soffa Industries, Inc. will post 0.
93 EPS for the current fiscal year. Kulicke and Soffa Industries announced that its board has authorized a share buyback program on Wednesday, November 13th that allows the company to repurchase $300.00 million in shares.
This repurchase authorization allows the semiconductor company to repurchase up to 11.7% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.
About Kulicke and Soffa Industries ( Free Report ) Kulicke and Soffa Industries, Inc designs, manufactures, and sells capital equipment and tools used to assemble semiconductor devices. It operates through four segments: Ball Bonding Equipment, Wedge Bonding Equipment, Advanced Solutions, and Aftermarket Products and Services (APS). The company offers ball bonding equipment, wafer level bonding equipment, wedge bonding equipment; and advanced display, die-attach, and thermocompression systems and solutions, as well as tools, spares and services for equipment.
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