The Oceania Times

Top Menu

  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

Main Menu

  • Australian Economy
  • Brokers
  • Commodities
  • Currencies
  • Financial Market
  • Gold and Precious Metals
  • Investment
  • Stock Shares
  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions

logo

The Oceania Times

  • Australian Economy
  • Brokers
  • Commodities
  • Currencies
  • Financial Market
  • Gold and Precious Metals
  • Investment
  • Stock Shares
  • RAND CAPITAL CORP Management’s Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q)

  • World shares recover after U.S. jobs report sell-off

  • Sisi gives directives to expand distributing subsidized food commodities via army, police, supply outlets: Qabbaj

  • 7 Best Ways To Get The Best Currency Exchange Rates

  • CIBC Asset Management Inc Purchases 26,188 Shares of The Carlyle Group Inc. (NASDAQ:CG)

Stock Shares
Home›Stock Shares›Insider Selling: KLA Co. (NASDAQ:KLAC) CFO Sells 1,020 Shares of Stock

Insider Selling: KLA Co. (NASDAQ:KLAC) CFO Sells 1,020 Shares of Stock

By Megan
May 26, 2022
14
0
Share:

KLA logoKLA Co. (NASDAQ:KLAC – Get Rating) CFO Bren D. Higgins sold 1,020 shares of the stock in a transaction on Tuesday, May 24th. The stock was sold at an average price of $337.02, for a total transaction of $343,760.40. Following the transaction, the chief financial officer now directly owns 64,257 shares in the company, valued at $21,655,894.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

NASDAQ KLAC traded up $15.30 during trading hours on Thursday, reaching $353.28. 1,434,847 shares of the company were exchanged, compared to its average volume of 1,493,051. The company has a quick ratio of 1.63, a current ratio of 2.33 and a debt-to-equity ratio of 0.91. The stock has a market capitalization of $52.72 billion, a P/E ratio of 17.15, a P/E/G ratio of 0.83 and a beta of 1.28. KLA Co. has a 1 year low of $287.44 and a 1 year high of $457.12. The business’s 50 day simple moving average is $340.89 and its 200-day simple moving average is $374.24.

KLA (NASDAQ:KLAC – Get Rating) last issued its earnings results on Thursday, April 28th. The semiconductor company reported $5.13 earnings per share for the quarter, topping analysts’ consensus estimates of $4.80 by $0.33. The firm had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.20 billion. KLA had a net margin of 36.41% and a return on equity of 78.72%. The company’s quarterly revenue was up 26.9% on a year-over-year basis. During the same quarter last year, the business earned $3.85 earnings per share. As a group, sell-side analysts anticipate that KLA Co. will post 20.91 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 1st. Shareholders of record on Monday, May 16th will be given a dividend of $1.05 per share. The ex-dividend date is Friday, May 13th. This represents a $4.20 dividend on an annualized basis and a yield of 1.19%. KLA’s dividend payout ratio is presently 20.39%.

Several research analysts recently issued reports on KLAC shares. Needham & Company LLC reissued a “buy” rating and set a $410.00 target price (up from $400.00) on shares of KLA in a research note on Friday, January 28th. StockNews.com upgraded shares of KLA from a “hold” rating to a “buy” rating in a report on Monday. KeyCorp lowered their price objective on shares of KLA from $480.00 to $440.00 and set an “overweight” rating on the stock in a report on Friday, March 18th. Wells Fargo & Company lowered their price objective on shares of KLA from $500.00 to $400.00 and set an “overweight” rating on the stock in a report on Monday, April 18th. Finally, The Goldman Sachs Group upgraded shares of KLA from a “neutral” rating to a “buy” rating and set a $430.00 price objective on the stock in a report on Sunday, March 27th. Six equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. According to MarketBeat.com, KLA currently has an average rating of “Buy” and an average price target of $435.75.

A number of large investors have recently modified their holdings of KLAC. Norges Bank bought a new position in KLA during the fourth quarter worth about $598,653,000. C2C Wealth Management LLC bought a new position in shares of KLA in the fourth quarter valued at approximately $401,488,000. 1832 Asset Management L.P. grew its stake in KLA by 53,951.8% during the fourth quarter. 1832 Asset Management L.P. now owns 584,300 shares of the semiconductor company’s stock valued at $252,104,000 after acquiring an additional 583,219 shares in the last quarter. Maj Invest Holding A S bought a new stake in KLA during the 4th quarter worth approximately $241,793,000. Finally, First Trust Advisors LP lifted its stake in KLA by 128.3% in the 1st quarter. First Trust Advisors LP now owns 921,422 shares of the semiconductor company’s stock worth $337,296,000 after purchasing an additional 517,870 shares in the last quarter. Hedge funds and other institutional investors own 87.13% of the company’s stock.

About KLA (Get Rating)

KLA Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nanoelectronics industries worldwide. The company offers chip and wafer manufacturing products, including defect inspection and review systems, metrology solutions, in situ process monitoring products, computational lithography software, and data analytics systems for chip manufacturers to manage yield throughout the semiconductor fabrication process.

Further Reading

Insider Buying and Selling by Quarter for KLA (NASDAQ:KLAC)



Receive News & Ratings for KLA Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for KLA and related companies with MarketBeat.com’s FREE daily email newsletter.

Source link

Tags48248010Computer and TechnologyInsider TradesInsider TradingKLAKLACNASDAQ:KLACStocks
Previous Article

Interactive Brokers Group, Inc. (NASDAQ:IBKR) Chairman Thomas ...

Next Article

Explained | Falling markets: How much longer, ...

0
Shares
  • 0
  • +
  • 0
  • 0
  • 0
  • 0

Megan

Related articles More from author

  • Stock Shares

    Sweet Financial Partners LLC Sells 27 Shares of Alphabet Inc. (NASDAQ:GOOGL)

    July 10, 2022
    By Megan
  • Stock Shares

    Insider Selling: BQE Water Inc. (CVE:BQE) Insider Sells 5,000 Shares of Stock

    June 20, 2022
    By Megan
  • Stock Shares

    Jennie Daly Buys 21,509 Shares of Taylor Wimpey plc (LON:TW) Stock

    June 24, 2022
    By Megan
  • Investment

    Do online communities add value to your investment decisions?

    June 5, 2022
    By Megan
  • Gold and Precious Metals

    Montage Gold Corp. (OTCMKTS:MAUTF) Short Interest Up 52.4% in June

    July 4, 2022
    By Megan
  • Gold and Precious Metals

    U.S. Gold Corp. (NASDAQ:USAU) Short Interest Down 29.0% in June

    July 4, 2022
    By Megan

Leave a reply Cancel reply

You may interested

  • Brokers

    The Top Residential Brokers on the Upper East Side

  • Stock Shares

    European shares edge higher, France lags on election jitters

  • Gold and Precious Metals

    Mawson Gold (TSE:MAW) Share Price Passes Below 50 Day Moving Average of $0.14

  • LATEST REVIEWS

  • TOP REVIEWS

Timeline

  • August 8, 2022

    RAND CAPITAL CORP Management’s Discussion and Analysis of Financial Condition and Results of Operations (form 10-Q)

  • August 8, 2022

    World shares recover after U.S. jobs report sell-off

  • August 8, 2022

    Sisi gives directives to expand distributing subsidized food commodities via army, police, supply outlets: Qabbaj

  • August 8, 2022

    7 Best Ways To Get The Best Currency Exchange Rates

  • August 8, 2022

    CIBC Asset Management Inc Purchases 26,188 Shares of The Carlyle Group Inc. (NASDAQ:CG)

Best Reviews

Latest News

Financial Market

RAND CAPITAL CORP Management’s Discussion and Analysis of Financial Condition and Results of Operations (form ...

You should read the following discussion and analysis of our financial condition and results of operations in conjunction with the consolidated financial statements and related notes included elsewhere in this ...
  • World shares recover after U.S. jobs report sell-off

    By Megan
    August 8, 2022
  • Sisi gives directives to expand distributing subsidized food commodities via army, police, supply outlets: Qabbaj

    By Megan
    August 8, 2022
  • 7 Best Ways To Get The Best Currency Exchange Rates

    By Megan
    August 8, 2022
  • CIBC Asset Management Inc Purchases 26,188 Shares of The Carlyle Group Inc. (NASDAQ:CG)

    By Megan
    August 8, 2022
  • Recent

  • Popular

  • Comments

  • RAND CAPITAL CORP Management’s Discussion and Analysis of Financial Condition and Results of Operations (form ...

    By Megan
    August 8, 2022
  • World shares recover after U.S. jobs report sell-off

    By Megan
    August 8, 2022
  • Sisi gives directives to expand distributing subsidized food commodities via army, police, supply outlets: Qabbaj

    By Megan
    August 8, 2022
  • 7 Best Ways To Get The Best Currency Exchange Rates

    By Megan
    August 8, 2022
  • RAND CAPITAL CORP Management’s Discussion and Analysis of Financial Condition and Results of Operations (form ...

    By Megan
    August 8, 2022
  • Australian economy survived Covid better than most but recovery could slow, OECD says | Australian ...

    By Megan
    September 14, 2021
  • The Best Online Brokers, According to 5 Financial Experts

    By Megan
    September 14, 2021
  • Is Disaster Looming for Australia’s Economy?

    By Megan
    September 29, 2021

Trending News

  • Financial Market

    RAND CAPITAL CORP Management’s Discussion and Analysis of Financial Condition and Results of Operations (form ...

    You should read the following discussion and analysis of our financial condition and results of operations in conjunction with the consolidated financial statements and related notes included elsewhere in this ...
  • Stock Shares

    World shares recover after U.S. jobs report sell-off

    Euro STOXX gains 0.8% Wall Street set to gain Markets narrow odds on 75 bp hike ahead of U.S. CPI Dollar falls Oil down after earlier gains LONDON, Aug 8 ...
  • Commodities

    Sisi gives directives to expand distributing subsidized food commodities via army, police, supply outlets: Qabbaj

    A worker sells subsidized food commodities at a government-run supermarket in Cairo, Egypt, February 14, 2016. REUTERS/Mohamed Abd El Ghany Minister of Social Solidarity Nevin Qabbaj said on Wednesday that ...
  • Currencies

    7 Best Ways To Get The Best Currency Exchange Rates

    How do you find the best currency exchange rates table? If you’re planning on traveling abroad and need to currency exchange, this can be the most frustrating part of preparing ...
  • Stock Shares

    CIBC Asset Management Inc Purchases 26,188 Shares of The Carlyle Group Inc. (NASDAQ:CG)

    CIBC Asset Management Inc lifted its holdings in shares of The Carlyle Group Inc. (NASDAQ:CG – Get Rating) by 172.3% in the first quarter, according to the company in its ...
  • About us
  • Contact Us
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© Copyright The Oceania Times. All rights reserved.

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.