KLA-Tencor Corporation (NASDAQ:KLAC) EVP Teri A. Little sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, August 17th. The stock was sold at an average price of $91.50, for a total value of $91,500.00. Following the sale, the executive vice president now owns 9,634 shares of the company’s stock, valued at $881,511. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

KLA-Tencor Corporation (KLAC) traded up 0.55% during trading on Friday, reaching $90.26. The company’s stock had a trading volume of 1,127,512 shares. The company has a market capitalization of $14.16 billion, a PE ratio of 15.35 and a beta of 1.62. KLA-Tencor Corporation has a 52 week low of $66.89 and a 52 week high of $109.59. The company has a 50 day moving average price of $94.54 and a 200-day moving average price of $95.81.

KLA-Tencor Corporation (NASDAQ:KLAC) last released its quarterly earnings results on Thursday, July 27th. The semiconductor company reported $1.64 earnings per share for the quarter, topping the consensus estimate of $1.59 by $0.05. The company had revenue of $938.60 million during the quarter, compared to the consensus estimate of $923.80 million. KLA-Tencor Corporation had a return on equity of 88.61% and a net margin of 26.61%. KLA-Tencor Corporation’s revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.77 earnings per share. Equities research analysts anticipate that KLA-Tencor Corporation will post $6.70 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Tuesday, August 15th will be given a dividend of $0.59 per share. This is an increase from KLA-Tencor Corporation’s previous quarterly dividend of $0.54. The ex-dividend date is Friday, August 11th. This represents a $2.36 annualized dividend and a yield of 2.61%. KLA-Tencor Corporation’s dividend payout ratio (DPR) is presently 40.14%.

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Institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. boosted its stake in KLA-Tencor Corporation by 1,865.4% in the first quarter. BlackRock Inc. now owns 11,140,657 shares of the semiconductor company’s stock valued at $1,059,142,000 after buying an additional 10,573,812 shares during the period. Janus Henderson Group PLC boosted its stake in KLA-Tencor Corporation by 24,123.6% in the second quarter. Janus Henderson Group PLC now owns 4,308,404 shares of the semiconductor company’s stock valued at $394,262,000 after buying an additional 4,290,618 shares during the period. FMR LLC boosted its stake in KLA-Tencor Corporation by 162.0% in the first quarter. FMR LLC now owns 5,166,949 shares of the semiconductor company’s stock valued at $491,222,000 after buying an additional 3,194,775 shares during the period. Koch Industries Inc. boosted its stake in KLA-Tencor Corporation by 16,899.5% in the second quarter. Koch Industries Inc. now owns 745,260 shares of the semiconductor company’s stock valued at $737,000 after buying an additional 740,876 shares during the period. Finally, Janus Capital Management LLC boosted its stake in KLA-Tencor Corporation by 18.4% in the first quarter. Janus Capital Management LLC now owns 3,450,226 shares of the semiconductor company’s stock valued at $328,013,000 after buying an additional 535,940 shares during the period. 91.77% of the stock is owned by institutional investors.

Several analysts recently commented on the company. Cowen and Company boosted their price target on KLA-Tencor Corporation from $115.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, June 2nd. Credit Suisse Group reiterated an “outperform” rating and set a $100.00 price target on shares of KLA-Tencor Corporation in a research report on Friday, April 28th. Needham & Company LLC boosted their price target on KLA-Tencor Corporation from $105.00 to $120.00 and gave the stock a “strong-buy” rating in a research report on Friday, April 28th. B. Riley reiterated a “buy” rating and set a $115.00 price target on shares of KLA-Tencor Corporation in a research report on Friday, April 28th. Finally, UBS AG reiterated a “neutral” rating and set a $110.00 price target on shares of KLA-Tencor Corporation in a research report on Tuesday, June 13th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. KLA-Tencor Corporation currently has a consensus rating of “Hold” and an average target price of $98.86.

KLA-Tencor Corporation Company Profile

KLA-Tencor Corporation (KLA-Tencor) is a supplier of process control and yield management solutions for the semiconductor and related nanoelectronics industries. The Company’s products are also used in a number of other high technology industries, including the light emitting diode (LED) and data storage industries, as well as general materials research.

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

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