Insider Sell: Chan Chong Sells 45,000 Shares of Kulicke & Soffa Industries Inc (KLIC)

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Nov 22, 2024

On November 20, 2024, Chan Chong, Executive Vice President of Kulicke & Soffa Industries Inc (KLIC, Financial), sold 45,000 shares of the company, as reported in a SEC Filing. Following this transaction, the insider now owns 46,646 shares of the company. Kulicke & Soffa Industries Inc (KLIC) is a leading provider of semiconductor, LED, and electronic assembly solutions. The company designs and manufactures equipment used in the production of a wide range of semiconductor devices. 1859779149699379200.png The insider transaction history for Kulicke & Soffa Industries Inc shows that there have been 1 insider buy and 5 insider sells over the past year. Over the same period, Chan Chong has sold a total of 45,000 shares and purchased 0 shares. On the day of the recent sale, shares of Kulicke & Soffa Industries Inc were trading at $46.22, giving the stock a market cap of $2.610 billion. 1859779220625059840.png The stock's GF Value is estimated at $36.86, resulting in a price-to-GF-Value ratio of 1.25. This indicates that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using 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.

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