.jpg "Kulicke & Soffa (NASDAQ: KLIC)")
Today, a Director at Kulicke & Soffa (NASDAQ: KLIC), Gregory Milzcik, bought shares of KLIC for $99.6K.
This recent transaction increases Gregory Milzcik’s holding in the company by 8.61% to a total of $1.27 million. This is Milzcik’s first transaction since reporting a Sell transaction on IEX back in August 2016
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Based on Kulicke & Soffa’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $222 million and quarterly net profit of $36.31 million. In comparison, last year the company earned revenue of $200 million and had a net profit of $29.04 million. KLIC’s market cap is $1.68B and the company has a P/E ratio of 36.83. Currently, Kulicke & Soffa has an average volume of 306.8K.
Starting in September 2013, KLIC received 27 Buy ratings in a row. One of the top 25 analysts, according to TipRanks.com, recently recommended Buy KLIC with a $36 price target. Four different firms, including B.Riley FBR and D.A. Davidson, currently also have a Buy rating on the stock.
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Kulicke & Soffa Industries, Inc. engages in the design, manufacture, and sale of tools used to assemble semiconductor devices. It operates through the Capital Equipment and APS segments. The Capital Equipment segment consists of ball bonders, wedge bonders, advanced packaging, and electronic assembly solutions.
