Luna Innovations (LUNA) Forms $2.50 Double Top; 3 Bullish Analysts Covering Kulicke and Soffa Industries, Inc. (KLIC)

Among 5 analysts covering Kulicke and Soffa Industries (NASDAQ:KLIC), 3 have Buy rating, 1 Sell and 1 Hold. Therefore 60% are positive. Kulicke and Soffa Industries had 11 analyst reports since August 6, 2015 according to SRatingsIntel. FBR Capital maintained Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) rating on Thursday, February 1. FBR Capital has “Buy” rating and $36.0 target. The company was maintained on Wednesday, August 2 by B. Riley & Co. As per Thursday, August 6, the company rating was upgraded by Zacks. The rating was maintained by Bank of America on Wednesday, November 15 with “Underperform”. On Wednesday, November 15 the stock rating was maintained by DA Davidson with “Buy”. The rating was maintained by FBR Capital on Monday, November 13 with “Buy”. The company was downgraded on Friday, November 18 by Standpoint Research. B. Riley & Co maintained the stock with “Buy” rating in Thursday, June 29 report. The stock of Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) has “Buy” rating given on Wednesday, November 15 by B. Riley & Co. See Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) latest ratings:

01/02/2018 Broker: FBR Capital Rating: Buy New Target: $36.0 Maintain
15/11/2017 Broker: DA Davidson Rating: Buy Old Target: $25 New Target: $35 Maintain
15/11/2017 Broker: Bank of America Rating: Underperform Old Target: $15.5 New Target: $18.5 Maintain
15/11/2017 Broker: B. Riley & Co Rating: Buy Old Target: $31 New Target: $34 Maintain
13/11/2017 Broker: FBR Capital Rating: Buy New Target: $31.0 Maintain

Luna Innovations Incorporated (LUNA) formed double top with $2.60 target or 4.00% above today’s $2.50 share price. Luna Innovations Incorporated (LUNA) has $69.54M valuation. It closed at $2.5 lastly. It is down 41.64% since March 2, 2017 and is uptrending. It has outperformed by 24.94% the S&P500.

Since October 5, 2017, it had 0 insider buys, and 2 insider sales for $22,829 activity. PIERCE GARRETT E had sold 592 shares worth $13,041. $9,788 worth of stock was sold by BACHMAN BRIAN R on Tuesday, January 2.

Kulicke and Soffa Industries, Inc. designs, makes, and sells capital equipment and expendable tools to assemble semiconductor devices. The company has market cap of $1.59 billion. It operates in two divisions, Equipment and Expendable Tools. It has a 60.43 P/E ratio. The Equipment segment makes and sells a line of ball bonders to connect very fine wires made of gold, silver alloy, or copper between the bond pads of the semiconductor devices or dies, and the leads on its package; wafer level bonders, which mechanically applies bumps to dies for some variants of the flip chip assembly process; and wedge bonders to connect semiconductor chips for the power packages, power hybrids, and automotive modules.

Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.60, from 1.63 in 2017Q2. It turned negative, as 19 investors sold Kulicke and Soffa Industries, Inc. shares while 69 reduced holdings. 22 funds opened positions while 69 raised stakes. 59.03 million shares or 0.99% more from 58.45 million shares in 2017Q2 were reported. Laurion Mgmt Lp stated it has 13,505 shares. Clarivest Asset Mgmt Limited Liability Company has 520,643 shares for 0.25% of their portfolio. Systematic Financial Lp has invested 0.05% in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC). Acadian Asset Mgmt Ltd Liability Com has 0.08% invested in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) for 810,006 shares. Etrade Cap Management Ltd Limited Liability Company reported 63,404 shares stake. United Serv Automobile Association reported 73,700 shares. Deutsche Bankshares Ag holds 0.01% or 413,919 shares in its portfolio. Envestnet Asset Mngmt stated it has 0% of its portfolio in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC). Price T Rowe Associate Inc Md holds 25,800 shares. Gotham Asset Mgmt Ltd Liability holds 0.01% or 32,439 shares in its portfolio. Moreover, Louisiana State Employees Retirement Systems has 0.03% invested in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC). 203,700 were reported by Spark Invest Mngmt Ltd Com. 18,341 are held by Navellier & Assocs. Catalyst Capital Ltd Llc owns 0.01% invested in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) for 15,000 shares. Moreover, Grantham Mayo Van Otterloo Com Ltd Liability Corp has 0% invested in Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) for 30,000 shares.

The stock decreased 1.14% or $0.26 during the last trading session, reaching $22.54. About 18,399 shares traded. Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) has risen 89.78% since March 2, 2017 and is uptrending. It has outperformed by 73.08% the S&P500.

Investors sentiment increased to 2.4 in Q3 2017. Its up 1.07, from 1.33 in 2017Q2. It is positive, as 0 investors sold Luna Innovations Incorporated shares while 5 reduced holdings. 6 funds opened positions while 6 raised stakes. 3.00 million shares or 6.56% more from 2.81 million shares in 2017Q2 were reported. 2,000 were accumulated by Citigroup. Geode Limited Liability Company holds 0% or 148,929 shares. Yakira Capital Inc has 0.02% invested in Luna Innovations Incorporated (NASDAQ:LUNA). Northern Trust Corporation owns 30,705 shares. Minnesota-based Us Natl Bank De has invested 0% in Luna Innovations Incorporated (NASDAQ:LUNA). Guggenheim Capital Llc, Illinois-based fund reported 13,522 shares. Spark Investment Management Ltd Liability Company stated it has 20,000 shares. 23,400 were accumulated by Deutsche Fincl Bank Ag. Prelude Limited Liability Corp owns 57,000 shares or 0.01% of their US portfolio. Royal Bancshares Of Canada has 0% invested in Luna Innovations Incorporated (NASDAQ:LUNA). Thompson Davis & has invested 0.41% in Luna Innovations Incorporated (NASDAQ:LUNA). Renaissance Technologies Limited Co invested in 577,305 shares or 0% of the stock. 794 were reported by Wells Fargo & Mn. Blackrock reported 0% stake. Panagora Asset owns 0% invested in Luna Innovations Incorporated (NASDAQ:LUNA) for 43,204 shares.