5,020 Shares in KLA Corporation $KLAC Acquired by Sciencast Management LP

by · The Cerbat Gem

Sciencast Management LP bought a new position in shares of KLA Corporation (NASDAQ:KLACFree Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 5,020 shares of the semiconductor company’s stock, valued at approximately $3,413,000.

Several other large investors also recently bought and sold shares of the stock. Activest Wealth Management boosted its holdings in shares of KLA by 4,100.0% in the 1st quarter. Activest Wealth Management now owns 42 shares of the semiconductor company’s stock valued at $29,000 after acquiring an additional 41 shares during the last quarter. Alpine Bank Wealth Management acquired a new position in shares of KLA in the 1st quarter valued at $35,000. Olde Wealth Management LLC acquired a new position in shares of KLA in the 1st quarter valued at $36,000. Saudi Central Bank acquired a new position in KLA during the first quarter worth $36,000. Finally, MJT & Associates Financial Advisory Group Inc. acquired a new position in KLA during the first quarter worth $37,000. Hedge funds and other institutional investors own 86.65% of the company’s stock.

KLA Price Performance

Shares of NASDAQ KLAC opened at $905.09 on Monday. The firm has a 50-day simple moving average of $903.20 and a 200-day simple moving average of $793.96. The stock has a market capitalization of $119.44 billion, a price-to-earnings ratio of 29.78, a price-to-earnings-growth ratio of 3.08 and a beta of 1.48. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 1.25. KLA Corporation has a 52 week low of $551.33 and a 52 week high of $959.26.

KLA (NASDAQ:KLACGet Free Report) last announced its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $9.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $8.53 by $0.85. KLA had a net margin of 33.41% and a return on equity of 112.41%. The firm had revenue of $3.17 billion during the quarter, compared to analyst estimates of $3.08 billion. During the same quarter in the prior year, the firm posted $6.60 earnings per share. KLA’s quarterly revenue was up 23.6% on a year-over-year basis. KLA has set its Q1 2026 guidance at 7.760-9.300 EPS. On average, equities analysts predict that KLA Corporation will post 31.59 earnings per share for the current fiscal year.

KLA Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 3rd. Investors of record on Monday, August 18th were issued a $1.90 dividend. The ex-dividend date of this dividend was Monday, August 18th. This represents a $7.60 dividend on an annualized basis and a dividend yield of 0.8%. KLA’s dividend payout ratio is currently 25.01%.

Analyst Ratings Changes

A number of equities analysts have weighed in on KLAC shares. Oppenheimer upped their price objective on shares of KLA from $740.00 to $950.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 17th. UBS Group upped their price objective on shares of KLA from $775.00 to $960.00 and gave the stock a “neutral” rating in a research report on Monday, July 21st. Deutsche Bank Aktiengesellschaft cut shares of KLA from a “buy” rating to a “hold” rating and set a $790.00 price objective for the company. in a research report on Tuesday, May 20th. Barclays upped their price objective on shares of KLA from $590.00 to $750.00 and gave the stock an “equal weight” rating in a research report on Monday, July 28th. Finally, Raymond James Financial restated an “outperform” rating and set a $950.00 price objective (up from $850.00) on shares of KLA in a research report on Friday, August 1st. Eight equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, KLA currently has an average rating of “Hold” and a consensus target price of $890.59.

View Our Latest Stock Analysis on KLAC

Insider Activity

In other news, insider Ahmad A. Khan sold 13,716 shares of the firm’s stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $881.50, for a total value of $12,090,654.00. Following the completion of the transaction, the insider owned 27,372 shares of the company’s stock, valued at approximately $24,128,418. This trade represents a 33.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Brian Lorig sold 8,049 shares of the firm’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 sale, the executive vice president directly owned 11,479 shares in the company, valued at approximately $10,488,132.72. This trade represents a 41.22% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 32,605 shares of company stock worth $29,348,291. Company insiders own 0.12% of the company’s stock.

KLA Company Profile

(Free Report)

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.

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