Kulicke & Soffa Industries, Inc’s recently made public that its Senior Vice President Chylak Robert Nestor unloaded Company’s shares for reported $0.56 million on Dec 09 ’24. In the deal valued at $49.52 per share,11,391 shares were sold. As a result of this transaction, Chylak Robert Nestor now holds 20,838 shares worth roughly $0.75 million.
Then, Lim Chin Hu sold 30,000 shares, generating $1,443,306 in total proceeds. Upon selling the shares at $48.11, the Director now owns 59,701 shares.
Before that, ROBERT CHYLAK bought 11,391 shares. Kulicke & Soffa Industries, Inc shares valued at $564,121 were divested by the Officer at a price of $49.52 per share.
Needham upgraded its Kulicke & Soffa Industries, Inc [KLIC] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in mid November has reiterated a ‘”a Hold”‘ rating for it. TD Cowen also remained covering KLIC and reiterated its “Hold” recommendation on August 08, 2024. Craig Hallum revised its rating on November 17, 2023. It rated KLIC as “a Buy” which previously was an “a Hold”.
Price Performance Review of KLIC
On Monday, Kulicke & Soffa Industries, Inc [NASDAQ:KLIC] saw its stock fall -4.89% to $36.19. Over the last five days, the stock has lost -0.44%. Kulicke & Soffa Industries, Inc shares have fallen nearly -22.44% since the year began. Nevertheless, the stocks have fallen -26.83% over the past one year. While a 52-week high of $53.71 was reached on 01/07/25, a 52-week low of $36.13 was recorded on 03/10/25. SMA at 50 days reached $43.30, while 200 days put it at $45.06.
Levels Of Support And Resistance For KLIC Stock
The 24-hour chart illustrates a support level at 35.57, which if violated will result in even more drops to 34.95. On the upside, there is a resistance level at 37.19. A further resistance level may holdings at 38.19. The Relative Strength Index (RSI) on the 14-day chart is 31.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.86, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.31%. Stochastics %K at 12.91% indicates the stock is a buying.
