249 Shares in KLA Corporation $KLAC Bought by Kickstand Ventures LLC.

Kickstand Ventures LLC. acquired a new position in shares of KLA Corporation (NASDAQ:KLAC) during the second quarter, HoldingsChannel reports. The firm acquired 249 shares of the semiconductor company’s stock, valued at approximately $223,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in KLAC. MAI Capital Management increased its stake in KLA by 1.0% in the 1st quarter. MAI Capital Management now owns 1,365 shares of the semiconductor company’s stock valued at $928,000 after buying an additional 14 shares during the last quarter. Meiji Yasuda Life Insurance Co increased its stake in KLA by 1.2% in the 1st quarter. Meiji Yasuda Life Insurance Co now owns 1,212 shares of the semiconductor company’s stock valued at $824,000 after buying an additional 14 shares during the last quarter. IFC Advisors LLC increased its stake in KLA by 4.6% in the 1st quarter. IFC Advisors LLC now owns 342 shares of the semiconductor company’s stock valued at $232,000 after buying an additional 15 shares during the last quarter. Trust Investment Advisors increased its stake in KLA by 1.3% in the 1st quarter. Trust Investment Advisors now owns 1,188 shares of the semiconductor company’s stock valued at $808,000 after buying an additional 15 shares during the last quarter. Finally, Lockerman Financial Group Inc. increased its stake in KLA by 3.8% in the 1st quarter. Lockerman Financial Group Inc. now owns 438 shares of the semiconductor company’s stock valued at $298,000 after buying an additional 16 shares during the last quarter. 86.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on KLAC shares. Citigroup lifted their price target on shares of KLA from $1,035.00 to $1,060.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Cantor Fitzgerald lifted their price target on shares of KLA from $950.00 to $1,170.00 and gave the company a “neutral” rating in a research note on Wednesday. TD Cowen lifted their price objective on shares of KLA from $800.00 to $900.00 and gave the company a “hold” rating in a research report on Friday, August 1st. Barclays lifted their price objective on shares of KLA from $590.00 to $750.00 and gave the company an “equal weight” rating in a research report on Monday, July 28th. Finally, The Goldman Sachs Group began coverage on shares of KLA in a research report on Thursday, July 10th. They issued a “neutral” rating and a $980.00 price objective for the company. Seven research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $950.00.

Insider Activity

In other news, CEO Richard P. Wallace sold 10,801 shares of the business’s stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $913.68, for a total value of $9,868,657.68. Following the completion of the transaction, the chief executive officer directly owned 92,818 shares in the company, valued at approximately $84,805,950.24. The trade was a 10.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Brian Lorig sold 8,049 shares of the business’s stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $913.68, for a total transaction of $7,354,210.32. Following the completion of the transaction, the executive vice president owned 11,479 shares of the company’s stock, valued at $10,488,132.72. The trade was a 41.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 32,566 shares of company stock worth $29,313,522. 91.48% of the stock is currently owned by corporate insiders.

KLA Stock Performance

NASDAQ KLAC opened at $1,101.55 on Friday. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 1.25. The company has a market capitalization of $145.05 billion, a P/E ratio of 36.25, a P/E/G ratio of 3.30 and a beta of 1.50. KLA Corporation has a 12-month low of $551.33 and a 12-month high of $1,155.00. The firm has a 50-day moving average price of $948.08 and a two-hundred day moving average price of $838.11.

KLA (NASDAQ:KLAC) last issued its earnings results on Thursday, July 31st. The semiconductor company reported $9.38 EPS for the quarter, beating the consensus estimate of $8.53 by $0.85. The company had revenue of $3.17 billion during the quarter, compared to analysts’ expectations of $3.08 billion. KLA had a net margin of 33.41% and a return on equity of 112.41%. The business’s revenue for the quarter was up 23.6% compared to the same quarter last year. During the same period in the previous year, the company earned $6.60 EPS. KLA has set its Q1 2026 guidance at 7.760-9.300 EPS. Analysts anticipate that KLA Corporation will post 31.59 earnings per share for the current year.

KLA Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 3rd. Stockholders of record on Monday, August 18th were given a $1.90 dividend. The ex-dividend date was Monday, August 18th. This represents a $7.60 annualized dividend and a dividend yield of 0.7%. KLA’s payout ratio is presently 25.01%.

KLA Profile

KLA Corporation, together with its subsidiaries, engages in the design, manufacture, and marketing of process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. It operates through three segments: Semiconductor Process Control; Specialty Semiconductor Process; and PCB and Component Inspection.