<div id="readability-page-1"><p>KLA Co. (NASDAQ:KLAC - Get Free Report) was down 2.6% during trading on Thursday . The company traded as low as $865.00 and last traded at $869.05. Approximately 129,374 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 880,747 shares. The stock had previously closed at $892.35.</p><h2>Analyst Ratings Changes</h2><ul><li>8 best meme stocks to buy now </li></ul><p>Several brokerages have issued reports on KLAC. TD Cowen upped their price target on shares of KLA from $650.00 to $700.00 and gave the company a &#34;hold&#34; rating in a report on Friday, April 26th. Barclays upgraded KLA from an &#34;underweight&#34; rating to an &#34;equal weight&#34; rating and increased their target price for the company from $630.00 to $765.00 in a report on Wednesday, June 5th. Stifel Nicolaus boosted their price target on KLA from $685.00 to $760.00 and gave the stock a &#34;buy&#34; rating in a report on Tuesday, April 16th. Citigroup increased their price objective on KLA from $725.00 to $760.00 and gave the company a &#34;buy&#34; rating in a research note on Monday, April 29th. Finally, Susquehanna reissued a &#34;neutral&#34; rating and issued a $675.00 target price on shares of KLA in a research note on Monday, April 1st. Nine investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $747.40.</p><p><b>Read Our Latest Stock Report on KLAC</b></p><h2>KLA Stock Performance</h2><ul><li>ASML reaches inflection point with 100% upside in sight</li></ul><p>The stock's 50-day moving average is $788.83 and its 200-day moving average is $696.89. The company has a current ratio of 2.14, a quick ratio of 1.46 and a debt-to-equity ratio of 1.90. The stock has a market cap of $114.84 billion, a price-to-earnings ratio of 46.05, a P/E/G ratio of 3.43 and a beta of 1.27. </p><p>KLA (NASDAQ:KLAC - Get Free Report) last issued its earnings results on Thursday, April 25th. The semiconductor company reported $5.26 EPS for the quarter, beating analysts' consensus estimates of $4.94 by $0.32. KLA had a net margin of 27.19% and a return on equity of 102.37%. The business had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.31 billion. During the same quarter last year, the firm posted $5.49 EPS. The business's revenue for the quarter was down 3.0% compared to the same quarter last year. On average, analysts expect that KLA Co. will post 23.3 EPS for the current year. </p><h2>KLA Dividend Announcement</h2><ul><li>KLA Shares Soars As Chip Equipment Makers Surge 21% In May</li></ul><p>The business also recently announced a quarterly dividend, which was paid on Friday, May 31st. Stockholders of record on Wednesday, May 15th were paid a $1.45 dividend. The ex-dividend date was Tuesday, May 14th. This represents a $5.80 dividend on an annualized basis and a dividend yield of 0.68%. KLA's dividend payout ratio (DPR) is currently 30.38%. </p><h2>Insider Activity at KLA</h2><p>In other news, CEO Richard P. Wallace sold 14,009 shares of the company's stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $716.63, for a total value of $10,039,269.67. Following the completion of the transaction, the chief executive officer now directly owns 93,142 shares in the company, valued at $66,748,351.46. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is available through the SEC website. In other news, insider Ahmad A. Khan sold 7,833 shares of the firm's stock in a transaction that occurred on Tuesday, May 21st. The shares were sold at an average price of $760.00, for a total transaction of $5,953,080.00. Following the completion of the sale, the insider now owns 32,105 shares of the company's stock, valued at $24,399,800. The transaction was disclosed in a filing with the Securities &amp; Exchange Commission, which can be accessed through this link. Also, CEO Richard P. Wallace sold 14,009 shares of the company's stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $716.63, for a total transaction of $10,039,269.67. Following the completion of the sale, the chief executive officer now directly owns 93,142 shares in the company, valued at $66,748,351.46. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 22,905 shares of company stock worth $16,831,966. 0.12% of the stock is currently owned by company insiders. </p><h2>Institutional Investors Weigh In On KLA</h2><p>A number of institutional investors have recently modified their holdings of the stock. Fortitude Family Office LLC acquired a new position in shares of KLA in the 4th quarter valued at about $25,000. Frazier Financial Advisors LLC acquired a new position in KLA in the fourth quarter valued at approximately $26,000. Cedar Wealth Management LLC grew its holdings in shares of KLA by 77.3% during the first quarter. Cedar Wealth Management LLC now owns 39 shares of the semiconductor company's stock valued at $27,000 after purchasing an additional 17 shares during the last quarter. DSM Capital Partners LLC bought a new stake in shares of KLA in the 4th quarter worth approximately $28,000. Finally, Addison Advisors LLC bought a new stake in shares of KLA in the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 86.65% of the company's stock. </p><h2>About KLA</h2> (Get Free Report)<p>KLA Corporation designs, manufactures, and markets 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, Display and Component Inspection.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than KLA</li><li>Stock Market Sectors: What Are They and How Many Are There? </li><li>Sales Breakout Sends This Semiconductor Stock to Record High</li><li>Most active stocks: Dollar volume vs share volume</li><li>Surprise Buying Opportunity on This Dividend Aristocrat</li><li>Industrial Products Stocks Investing </li><li>New Theme Park Powerhouse: Merger Creates Industry-Leading Stock</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. 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MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and KLA wasn't on the list.</p><p>While KLA currently has a &#34;Moderate Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p> </div>

KLAC

<p>KLA (NASDAQ:KLAC) stock price declined by 2.6% during trading. Several brokerages provided ratings and price targets for KLA, with a consensus rating of "Moderate Buy" and a target price of $747.40. The company recently announced a quarterly dividend and insiders have sold a significant amount of company stock. Overall, the information falls under the category of stock price rise and fall information and corporate announcement information.</p>

KLA (NASDAQ:KLAC) Stock Price Down 2.6%