Kulicke and Soffa Industries Inc (NASDAQ: KLIC)

The value of the investment in Kulicke and Soffa increased from $61,235,000 to $75,852,000 increasing 23.9% quarter over quarter. Short shares fell from 851,324 to 778,952 over that timeframe. KLIC is covered by 4 analysts who by consensus are expecting earnings to increase from today;s level of $1.211 to $1.497 over the next year. Piedmont Advisors Ltd Liability Co has 15,348 shares.

Traders are a little more bullish on shares of Kulicke and Soffa lately if you look at the fall in short interest. Kulicke and Soffa Industries had 7 analyst reports since August 6, 2015 according to SRatingsIntel. Nike Inc (NYSE:NKE) has declined 9.24% since November 14, 2016 and is downtrending. As of the end of the quarter Dimensional Fund Advisors Lp had bought 22,569 shares growing its stake by 0.4%. The last close places the company's stock about $0.87 off its 52 week high of $24.56 and $9.71 above the 52 week low of $13.98. (NASDAQ:KLIC)'s stock about 14.97% from the 50-day high and 53.17% away from the 50-day low. A significant increase in trading volume means that more than double the average amount of stocks are moving. (NASDAQ:KLIC) were released by: Seekingalpha.com and their article: "Kulicke & Soffa: Is CEO Fusen Chen Prepping Another Acquisition Or Merger?" published on January 08, 2017 as well as Seekingalpha.com's news article titled: "Kulicke and Soffa Industries' (KLIC) CEO Dr. Fusen Chen on Q2 2017 Results ..." with publication date: May 07, 2017. Monroe Bank Trust Mi holds 4,500 shares or 0.09% of its portfolio. Leuthold Ltd Liability Co stated it has 151,643 shares or 0.31% of all its holdings. The company's P/E ratio is 23.29 and the market cap of the company is 1.97B.

Investors sentiment increased to 1.18 in 2017 Q2. (NASDAQ:KLIC). Ny State Teachers Retirement Sys has 0.01% invested in Kulicke and Soffa Industries Inc. 110 funds opened positions while 410 raised stakes. Park Oh has invested 0.05% in KeyCorp (NYSE:KEY). Great West Life Assurance Can owns 2.60 million shares or 0.41% of their USA portfolio. Netherlands-based Shell Asset Management has invested 0.03% in KeyCorp (NYSE:KEY).

Among 44 analysts covering Nike Inc. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Therefore 55% are positive. The stock of TrueCar Inc (NASDAQ:TRUE) has "Hold" rating given on Tuesday, April 5 by Topeka Capital Markets. Zacks Investment Research downgraded shares of Kulicke and Soffa Industries from a "buy" rating to a "hold" rating in a research note on Tuesday, September 26th. The stock of TrueCar Inc (NASDAQ:TRUE) has "Equal-Weight" rating given on Monday, October 2 by Morgan Stanley. As per Wednesday, September 28, the company rating was maintained by Credit Suisse. The firm has "Mkt Perform" rating by JMP Securities given on Friday, February 19. BidaskClub upgraded shares of Kulicke and Soffa Industries from a "buy" rating to a "strong-buy" rating in a report on Wednesday, July 19th.

Since June 1, 2017, it had 0 buys, and 1 insider sale for $3.66 million activity.

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