Senior Vice President Robert Chylak Sells 8,771 Shares of Kulicke & Soffa Industries Inc (KLIC)
On February 14, 2024, Senior Vice President Robert Chylak executed a sale of 8,771 shares of Kulicke & Soffa Industries Inc (NASDAQ:KLIC), as reported in the SEC Filing. Over the past year, the insider has sold a total of 12,855 shares and has not made any purchases of the company's stock.
Kulicke & Soffa Industries Inc is a leading provider of semiconductor packaging and electronic assembly solutions supporting the global automotive, consumer, communications, computing, and industrial segments. The company is known for its advanced semiconductor packaging and electronic assembly solutions that enable the electronics market.
The insider transaction history for Kulicke & Soffa Industries Inc indicates a trend of insider sales, with 11 insider sells and no insider buys over the past year.
On the date of the insider's recent transaction, shares of Kulicke & Soffa Industries Inc were trading at $48.97, resulting in a market cap of $2.836 billion.
The stock's price-earnings ratio stands at 55.96, surpassing both the industry median of 28.39 and the company's historical median price-earnings ratio.
Kulicke & Soffa Industries Inc's stock price of $48.97 compared to the GuruFocus Value of $36.23 indicates a price-to-GF-Value ratio of 1.35, suggesting that the stock is Significantly Overvalued according to the GF Value metric.
The GF Value is calculated considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates provided by 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.
This article first appeared on GuruFocus.
