Insider Sell: Fusen Chen Sells 80,000 Shares of Kulicke & Soffa Industries Inc (KLIC)

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Dec 07, 2024

On December 5, 2024, Fusen Chen, President and Chief Executive Officer of Kulicke & Soffa Industries Inc (KLIC, Financial), sold 80,000 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 1,100,765 shares of the company. Kulicke & Soffa Industries Inc is a leading provider of semiconductor, LED, and electronic assembly solutions serving the global automotive, consumer, communications, computing, and industrial markets. The company is known for its advanced packaging, assembly, and test solutions. 1865214963400994816.png The insider transaction history for Kulicke & Soffa Industries Inc shows that there have been 1 insider buy and 6 insider sells over the past year. Over the same period, Fusen Chen has sold 80,000 shares in total and purchased 0 shares. 1865215027829698560.png As of the day of the recent sale, shares of Kulicke & Soffa Industries Inc were trading at $48.29, giving the stock a market cap of $2.598 billion. The stock's GF Value is estimated at $37.03, resulting in a price-to-GF-Value ratio of 1.3, indicating that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also considers a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

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