Kulicke and Soffa

KLIC.US opened sharply lower, sliding from a pre-market high of $136.95 to $127.39, down 4.8%, primarily driven by profit-taking after a prolonged rally. The company reported strong quarterly results with EPS of $0.66, surging 141.5% YoY, revenue of $242.6M, up 49.8% YoY, and a net profit margin of 14.5%, doubling from the prior quarter. Despite solid fundamentals, the stock has skyrocketed 306.7% from its 52-week low of $31.32 and gained 163.5% year-to-date, trading well above its 60-day moving average of $101.19, raising valuation concerns. Recent insider selling has also added to investor caution.