Lester Wong Sells 60,000 Shares of Kulicke & Soffa Industries Inc (KLIC)

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Nov 23, 2024

On November 20, 2024, Lester Wong, Chief Financial Officer of Kulicke & Soffa Industries Inc's subsidiary, sold 60,000 shares of the company. Following this transaction, the insider now owns 79,636 shares of the company. The details of this transaction can be found in the SEC Filing. Kulicke & Soffa Industries Inc (KLIC, Financial) 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. 1860144125328912384.png Over the past year, Lester Wong has sold a total of 115,000 shares and has not purchased any shares. The insider transaction history for Kulicke & Soffa Industries Inc indicates that there has been 1 insider buy and 7 insider sells over the past year. 1860144153317502976.png As of the date of the recent sale, shares of Kulicke & Soffa Industries Inc were trading at $46.37, giving the stock a market cap of $2.648 billion. The stock's GF Value is estimated at $36.87, resulting in a price-to-GF-Value ratio of 1.26, 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 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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