November 25, 2016 - By Linda Rogers
The Executive Vice President – CFO of Kulicke & Soffa Industries Inc, Jonathan Chou has made a sudden sale in the ‘s company that is with a grand total value of $384,819 USD. As discovered in the Washington-based SEC electronic report filed on 25/11/2016, Jonathan sold 25,000 shares calculated with average price per share of $15.4. he right now has ownership of 0.27% of the total market capitalization of Kulicke & Soffa Industries Inc.
Out of 2 analysts covering Kulicke and Soffa Industries (NASDAQ:KLIC), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Kulicke and Soffa Industries has been the topic of 3 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Standpoint Research downgraded the shares of KLIC in a report on Friday, November 18 to “Hold” rating. The rating was upgraded by Zacks to “Sell” on Thursday, August 6.
Insitutional Activity: The institutional sentiment increased to 1.4 in 2016 Q2. Its up 0.16, from 1.24 in 2016Q1. The ratio is positive, as 19 funds sold all Kulicke and Soffa Industries Inc. shares owned while 47 reduced positions. 25 funds bought stakes while 57 increased positions. They now own 52.85 million shares or 0.74% more from 52.46 million shares in 2016Q1.
Cetera Advisors Ltd holds 0.03% of its portfolio in Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) for 29,380 shares. Prudential Financial has 225,419 shares for 0% of their US portfolio. Jpmorgan Chase accumulated 0% or 485,122 shares. Janney Montgomery Scott Limited Liability Corporation accumulated 0% or 10,866 shares. Brandywine Global Investment accumulated 0.05% or 670,747 shares. Public Employees Retirement Association Of Colorado owns 21,213 shares or 0% of their US portfolio. Eii Mngmt owns 350,885 shares or 1.25% of their US portfolio. Moors & Cabot has 15,275 shares for 0.03% of their US portfolio. Numeric Limited Liability Company has 893,143 shares for 0.1% of their US portfolio. Tiaa Cref Invest Mgmt Ltd holds 0% or 1,549 shares in its portfolio. Lombardia Cap Prtnrs Ltd reported 56,610 shares or 0.05% of all its holdings. Bainco International Investors holds 0.04% of its portfolio in Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) for 14,400 shares. Oak Assoc Oh has invested 0.05% of its portfolio in Kulicke and Soffa Industries Inc. (NASDAQ:KLIC). Grt Capital Partners Ltd Company holds 10,396 shares or 0.03% of its portfolio. The Michigan-based Seizert Cap Ltd Limited Liability Company has invested 0.13% in Kulicke and Soffa Industries Inc. (NASDAQ:KLIC).
Insider Transactions: Since July 1, 2016, the stock had 1 buying transaction, and 7 selling transactions for $333,287 net activity. $63,402 worth of Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) was sold by Wong Lester A. Another trade for 5,883 shares valued at $75,833 was sold by Lee Yih-Neng. Another trade for 2,442 shares valued at $34,188 was made by BACHMAN BRIAN R on Thursday, November 10. Another trade for 10,000 shares valued at $128,800 was sold by Wong Nelson MunPun. CHEN FUSEN ERNIE bought 600 shares worth $9,171.
The stock increased 0.06% or $0.01 on November 23, hitting $15.57. Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) has risen 39.77% since April 22, 2016 and is uptrending. It has outperformed by 34.36% the S&P500.
Kulicke and Soffa Industries, Inc. designs, makes and sells capital equipment and expendable tools, as well as services, maintains, repairs and upgrades equipment, all used to assemble semiconductor devices. The company has a market cap of $1.10 billion. The Firm supplies a range of bonding equipment. It has a 23.41 P/E ratio. The Firm operates through two divisions: Equipment and Expendable Tools.
According to Zacks Investment Research, “Kulicke and Soffa Inds. designs, manufactures and markets capital equipment and packaging materials for sale to companies that manufacture and assemble semiconductor devices. They also service, maintain, repair and upgrade assembly equipment. They are one of the world’s largest suppliers of semiconductor assembly equipment. The company’s business is divided into three segments: equipment, packaging materials and advanced packaging technology.”
Analysts await Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) to report earnings on February, 1. KLIC’s profit will be $7.77M for 35.39 P/E if the $0.11 EPS becomes a reality. After $0.15 actual earnings per share reported by Kulicke and Soffa Industries Inc. for the previous quarter, Wall Street now forecasts -26.67% negative EPS growth.
Another recent and important Kulicke and Soffa Industries Inc. (NASDAQ:KLIC) news was published by Fool.com which published an article titled: “Why Kulicke and Soffa Industries Inc. Stock Popped Today” on February 03, 2016.
Kulicke and Soffa Industries, Inc., incorporated on November 26, 1956, designs, makes and sells capital equipment and expendable tools, as well as services, maintains, repairs and upgrades equipment, all used to assemble semiconductor devices. The Firm supplies a range of bonding equipment. The Firm operates through two divisions: Equipment and Expendable Tools. The Equipment segment makes and sells a line of ball bonders, wedge bonders, advanced packaging and surface mount technology solutions. The Expendable Tools segment makes and sells expendable tools for a range of semiconductor packaging applications. It offers capital equipment and expendable tools used to assemble semiconductor devices, including integrated circuits (ICs), high and low powered discrete devices, light-emitting diodes (LEDs) and power modules. The Company’s clients primarily consist of semiconductor device manufacturers, outsourced semiconductor assembly and test providers (OSATs), other electronics manufacturers and automotive electronics suppliers.
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By Linda Rogers