KLA-Tencor Corp (KLAC) Director Emiko Higashi Sells 2,375 Shares

KLA-Tencor Corp (NASDAQ:KLAC) Director Emiko Higashi sold 2,375 shares of the firm’s stock in a transaction dated Thursday, January 18th. The stock was sold at an average price of $115.00, for a total transaction of $273,125.00. Following the sale, the director now owns 11,294 shares of the company’s stock, valued at approximately $1,298,810. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

  • On Tuesday, January 2nd, Emiko Higashi sold 500 shares of KLA-Tencor stock. The stock was sold at an average price of $105.84, for a total transaction of $52,920.00.
  • 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.

KLA-Tencor Corp (NASDAQ:KLAC) traded down $0.43 on Monday, hitting $114.59. 1,097,227 shares of the stock traded hands, compared to its average volume of 1,419,123. The stock has a market capitalization of $18,024.54, a P/E ratio of 17.55 and a beta of 1.63. 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 Corp has a 52-week low of $81.39 and a 52-week high of $115.88.

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

A number of analysts recently issued reports on the stock. BidaskClub downgraded shares of KLA-Tencor from a “buy” rating to a “hold” rating in a report on Thursday, January 11th. KeyCorp restated a “hold” rating on shares of KLA-Tencor in a report on Sunday, October 15th. B. Riley restated a “buy” rating and set a $129.00 price objective on shares of KLA-Tencor in a report on Monday. Zacks Investment Research upgraded shares of KLA-Tencor from a “hold” rating to a “strong-buy” rating and set a $121.00 price objective for the company in a report on Monday, October 16th. Finally, Argus assumed coverage on shares of KLA-Tencor in a report on Wednesday, November 29th. They set a “buy” rating and a $125.00 price objective for the company. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $110.95.

Several institutional investors and hedge funds have recently bought and sold shares of KLAC. Sun Life Financial INC increased its stake in shares of KLA-Tencor by 14,300.0% in the second quarter. Sun Life Financial INC now owns 1,152 shares of the semiconductor company’s stock worth $105,000 after purchasing an additional 1,144 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of KLA-Tencor by 300.0% in the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,000 shares of the semiconductor company’s stock worth $106,000 after purchasing an additional 750 shares in the last quarter. Bristlecone Advisors LLC purchased a new position in KLA-Tencor during the third quarter valued at approximately $148,000. Edge Advisors LLC grew its stake in KLA-Tencor by 77.8% during the third quarter. Edge Advisors LLC now owns 1,993 shares of the semiconductor company’s stock valued at $211,000 after acquiring an additional 872 shares in the last quarter. Finally, Highbridge Capital Management LLC purchased a new position in KLA-Tencor during the third quarter valued at approximately $212,000. Hedge funds and other institutional investors own 90.66% of the company’s stock.

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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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