KLA-Tencor Corp (KLAC) Director Emiko Higashi Sells 500 Shares

KLA-Tencor Corp (NASDAQ:KLAC) Director Emiko Higashi sold 500 shares of KLA-Tencor stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $105.84, for a total transaction of $52,920.00. Following the transaction, the director now directly owns 15,131 shares of the company’s stock, valued at approximately $1,601,465.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Emiko Higashi also recently made the following trade(s):

  • On Friday, December 1st, Emiko Higashi sold 500 shares of KLA-Tencor stock. The stock was sold at an average price of $101.26, for a total transaction of $50,630.00.
  • On Wednesday, November 1st, Emiko Higashi sold 500 shares of KLA-Tencor stock. The stock was sold at an average price of $110.00, for a total transaction of $55,000.00.

Shares of KLA-Tencor Corp (NASDAQ:KLAC) traded up $1.24 during midday trading on Wednesday, hitting $107.37. 2,734,129 shares of the stock were exchanged, compared to its average volume of 1,500,000. The firm has a market capitalization of $16,850.00, a PE ratio of 16.47 and a beta of 1.63. KLA-Tencor Corp has a 52-week low of $77.86 and a 52-week high of $114.43. The company has a debt-to-equity ratio of 1.72, a current ratio of 3.11 and a quick ratio of 2.59.

KLA-Tencor (NASDAQ:KLAC) last issued its quarterly earnings data on Thursday, October 26th. The semiconductor company reported $1.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.17. The firm had revenue of $970.00 million during the quarter, compared to analysts’ expectations of $946.86 million. KLA-Tencor had a net margin of 27.82% and a return on equity of 84.61%. The business’s revenue was up 29.2% on a year-over-year basis. During the same period last year, the company earned $1.16 earnings per share. research analysts forecast that KLA-Tencor Corp will post 7.31 EPS for the current year.

A number of institutional investors have recently added to or reduced their stakes in KLAC. Janus Henderson Group PLC boosted its holdings in KLA-Tencor by 24,123.6% during the second quarter. Janus Henderson Group PLC now owns 4,308,404 shares of the semiconductor company’s stock worth $394,262,000 after purchasing an additional 4,290,618 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in KLA-Tencor by 375.7% during the third quarter. Ameriprise Financial Inc. now owns 1,120,753 shares of the semiconductor company’s stock worth $118,799,000 after purchasing an additional 885,147 shares during the last quarter. Pictet Asset Management Ltd. boosted its holdings in KLA-Tencor by 46.0% during the third quarter. Pictet Asset Management Ltd. now owns 2,444,102 shares of the semiconductor company’s stock worth $259,075,000 after purchasing an additional 770,480 shares during the last quarter. Koch Industries Inc. boosted its holdings in KLA-Tencor by 16,899.5% during the second quarter. Koch Industries Inc. now owns 745,260 shares of the semiconductor company’s stock worth $737,000 after purchasing an additional 740,876 shares during the last quarter. Finally, Nordea Investment Management AB boosted its holdings in KLA-Tencor by 9,592.9% during the third quarter. Nordea Investment Management AB now owns 638,377 shares of the semiconductor company’s stock worth $67,668,000 after purchasing an additional 631,791 shares during the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.

A number of equities analysts recently weighed in on the stock. Zacks Investment Research raised shares of KLA-Tencor from a “hold” rating to a “buy” rating and set a $122.00 target price for the company in a research note on Wednesday, December 27th. KeyCorp raised shares of KLA-Tencor from a “sector weight” rating to an “overweight” rating and set a $134.00 target price for the company in a research note on Monday, December 18th. Argus assumed coverage on shares of KLA-Tencor in a research note on Wednesday, November 29th. They set a “buy” rating and a $125.00 target price for the company. Citigroup lifted their target price on shares of KLA-Tencor from $106.00 to $110.00 and gave the stock a “neutral” rating in a research note on Monday, October 30th. Finally, B. Riley reaffirmed a “buy” rating and issued a $129.00 price target (up from $120.00) on shares of KLA-Tencor in a research note on Friday, October 27th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $110.32.

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KLA-Tencor 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 (NASDAQ:KLAC)

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