Insider Sell: Nelson Wong Sells 30,000 Shares of Kulicke & Soffa Industries Inc (KLIC)

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Nov 23, 2024

On November 21, 2024, Nelson Wong, Senior Vice President at Kulicke & Soffa Industries Inc (KLIC, Financial), sold 30,000 shares of the company. Following this transaction, the insider now owns 177,533 shares of the company. The transaction details can be found in the SEC Filing. 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. 1860144112754388992.png Over the past year, Nelson Wong has sold a total of 40,000 shares and has not purchased any shares. The insider transaction history for Kulicke & Soffa Industries Inc shows that there have been 1 insider buy and 7 insider sells over the same timeframe. 1860144140680065024.png On the day of the recent sale, shares of Kulicke & Soffa Industries Inc were trading at $47.56, giving the stock a market cap of $2,648.850 million. The stock's GF Value is estimated at $36.87, resulting in a price-to-GF-Value ratio of 1.29, indicating that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on the following three factors: - Historical multiples (price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow) that the stock has traded at. - A GuruFocus adjustment factor based on the company’s past returns and growth. - Future estimates of business performance from Morningstar analysts.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.