Oxford Asset Management buys $10,940,597 stake in Kulicke and Soffa Industries (KLIC)

Kulicke and Soffa Industries (KLIC) : Oxford Asset Management scooped up 35,068 additional shares in Kulicke and Soffa Industries during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 858,086 shares of Kulicke and Soffa Industries which is valued at $10,940,597.Kulicke and Soffa Industries makes up approximately 0.43% of Oxford Asset Management’s portfolio.

Other Hedge Funds, Including , Royce Associates Lp boosted its stake in KLIC in the latest quarter, The investment management firm added 80,000 additional shares and now holds a total of 1,627,788 shares of Kulicke and Soffa Industries which is valued at $20,754,297. Kulicke and Soffa Industries makes up approx 0.13% of Royce Associates Lp’s portfolio.Thompson Siegel Walmsley reduced its stake in KLIC by selling 403,616 shares or 24.97% in the most recent quarter. The Hedge Fund company now holds 1,212,756 shares of KLIC which is valued at $15,098,812. Kulicke and Soffa Industries makes up approx 0.23% of Thompson Siegel Walmsley’s portfolio.Lsv Asset Management boosted its stake in KLIC in the latest quarter, The investment management firm added 488,414 additional shares and now holds a total of 2,814,695 shares of Kulicke and Soffa Industries which is valued at $35,042,953. Kulicke and Soffa Industries makes up approx 0.07% of Lsv Asset Management’s portfolio.Lombardia Capital Partners boosted its stake in KLIC in the latest quarter, The investment management firm added 34,104 additional shares and now holds a total of 56,610 shares of Kulicke and Soffa Industries which is valued at $704,795. Kulicke and Soffa Industries makes up approx 0.05% of Lombardia Capital Partners’s portfolio.

Kulicke and Soffa Industries opened for trading at $12.8 and hit $12.92 on the upside on Monday, eventually ending the session at $12.9, with a gain of 0.62% or 0.08 points. The heightened volatility saw the trading volume jump to 2,67,180 shares. Company has a market cap of $908 M.

On the company’s financial health, Kulicke and Soffa Industries reported $0.45 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Aug 3, 2016. Analyst had a consensus of $0.38. The company had revenue of $216.40 million for the quarter, compared to analysts expectations of $200.76 million. The company’s revenue was up 31.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.33 EPS.

Kulicke and Soffa Industries Inc. (K&S) designs manufactures and sells capital equipment and expendable tools used to assemble semiconductor devices including integrated circuits (IC) high and low powered discrete devices light-emitting diodes (LEDs) and power modules. The Company also service maintain repair and upgrade its equipment. Its customers consist of semiconductor device manufacturers outsourced semiconductor assembly and test providers (OSATs) other electronics manufacturers and automotive electronics suppliers. The Company operates in two business segments: Equipment and Expendable Tools. The Company’s Equipment segment manufactures and sells a line of ball bonders heavy wire wedge bonders and wafer level bonders. Expendable Tools segment manufactures and sells a variety of expendable tools for a range of semiconductor packaging applications. Its Expendable Tools segment products include: capillaries bonding wedges and dicing blades.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *