2 weeks Ago By ABMN Staff
Systematic Financial Management LP trimmed its stake in KLA Co. ( NASDAQ:KLAC – Free Report ) by 0.7% during the second quarter, according to its most recent 13F filing with the SEC.
The institutional investor owned 4,887 shares of the semiconductor company’s stock after selling 35 shares during the period. Systematic Financial Management LP’s holdings in KLA were worth $4,029,000 at the end of the most recent reporting period. A number of other institutional investors have also made changes to their positions in KLAC.
9258 Wealth Management LLC bought a new position in KLA in the 4th quarter worth approximately $210,000. Evoke Wealth LLC bought a new position in KLA in the 4th quarter worth approximately $243,000. California State Teachers Retirement System increased its position in KLA by 1.
4% in the 4th quarter. California State Teachers Retirement System now owns 221,732 shares of the semiconductor company’s stock worth $128,893,000 after buying an additional 3,032 shares during the period. Jones Financial Companies Lllp increased its position in KLA by 2,033.
3% in the 4th quarter. Jones Financial Companies Lllp now owns 64 shares of the semiconductor company’s stock worth $37,000 after buying an additional 61 shares during the period. Finally, NEOS Investment Management LLC increased its position in KLA by 5.
2% in the 4th quarter. NEOS Investment Management LLC now owns 6,539 shares of the semiconductor company’s stock worth $3,801,000 after buying an additional 323 shares during the period. 86.
65% of the stock is owned by institutional investors. Insider Buying and Selling In other KLA news, EVP Brian Lorig sold 44 shares of the company’s stock in a transaction dated Tuesday, July 2nd. The shares were sold at an average price of $819.
40, for a total transaction of $36,053.60. Following the transaction, the executive vice president now directly owns 14,211 shares in the company, valued at approximately $11,644,493.
40. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website . In related news, EVP Brian Lorig sold 44 shares of the business’s stock in a transaction that occurred on Tuesday, July 2nd.
The shares were sold at an average price of $819.40, for a total transaction of $36,053.60.
Following the completion of the sale, the executive vice president now directly owns 14,211 shares of the company’s stock, valued at $11,644,493.40. The transaction was disclosed in a legal filing with the SEC, which is available at this link .
Also, CEO Richard P. Wallace sold 17,437 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $705.
01, for a total transaction of $12,293,259.37. Following the completion of the transaction, the chief executive officer now directly owns 105,329 shares in the company, valued at $74,257,998.
29. The disclosure for this sale can be found here . Insiders sold a total of 20,917 shares of company stock worth $14,568,247 over the last three months.
0.12% of the stock is currently owned by company insiders. Analysts Set New Price Targets Check Out Our Latest Report on KLA KLA Price Performance KLA stock opened at $782.
40 on Monday. The company has a debt-to-equity ratio of 1.75, a quick ratio of 1.
50 and a current ratio of 2.15. The firm has a market cap of $105.
34 billion, a P/E ratio of 40.98, a P/E/G ratio of 1.51 and a beta of 1.
28. The business’s fifty day moving average is $769.66 and its two-hundred day moving average is $758.
07. KLA Co. has a 52 week low of $443.
71 and a 52 week high of $896.32. KLA ( NASDAQ:KLAC – Get Free Report ) last posted its quarterly earnings data on Wednesday, July 24th.
The semiconductor company reported $6.60 EPS for the quarter, topping analysts’ consensus estimates of $6.15 by $0.
45. The company had revenue of $2.57 billion for the quarter, compared to analyst estimates of $2.
52 billion. KLA had a return on equity of 103.50% and a net margin of 28.
15%. The business’s revenue was up 9.1% on a year-over-year basis.
During the same quarter in the previous year, the firm earned $5.40 earnings per share. Equities research analysts forecast that KLA Co.
will post 29.09 earnings per share for the current fiscal year. KLA Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd.
Investors of record on Thursday, August 15th were issued a $1.45 dividend. This represents a $5.
80 annualized dividend and a yield of 0.74%. The ex-dividend date was Thursday, August 15th.
KLA’s dividend payout ratio is 30.38%. About KLA ( Free Report ) 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. See Also Want to see what other hedge funds are holding KLAC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KLA Co.
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