Alight Capital Management LP Invests $2.72 Million in KLA Corporation $KLAC

Key Points

• Alight Capital Management LP acquired 4,000 shares of KLA Corporation, valued at approximately $2.72 million, which constitutes 1.3% of their holdings.
• Insider Ahmad A. Khan sold 13,716 shares for over $12 million, reducing their position by 33.38%, while CEO Richard P. Wallace sold 10,801 shares, a 10.42% decrease in their holdings.
• KLA Corporation reported impressive earnings, beating estimates with an EPS of $9.38, and outlined a Q1 2026 guidance of 7.760-9.300 EPS, reflecting strong revenue growth.

Alight Capital Management LP acquired a new stake in KLA Corporation (NASDAQ:KLAC - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 4,000 shares of the semiconductor company's stock, valued at approximately $2,719,000. KLA makes up about 1.3% of Alight Capital Management LP's investment portfolio, making the stock its 23rd largest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. 3Chopt Investment Partners LLC purchased a new position in KLA in the 1st quarter valued at $402,000. GAMMA Investing LLC lifted its holdings in KLA by 40.1% in the 1st quarter. GAMMA Investing LLC now owns 2,463 shares of the semiconductor company's stock valued at $1,674,000 after purchasing an additional 705 shares in the last quarter. Confluence Wealth Services Inc. purchased a new position in shares of KLA during the 1st quarter worth $1,479,000. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of KLA by 2.8% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 138,990 shares of the semiconductor company's stock worth $93,624,000 after acquiring an additional 3,846 shares during the period. Finally, NBC Securities Inc. purchased a new position in shares of KLA during the 1st quarter worth $55,000. Hedge funds and other institutional investors own 86.65% of the company's stock.

Insider Transactions at KLA

In other KLA news, CAO Virendra A. Kirloskar sold 39 shares of KLA stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of $891.50, for a total value of $34,768.50. Following the completion of the transaction, the chief accounting officer directly owned 2,616 shares of the company's stock, valued at $2,332,164. The trade was a 1.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Richard P. Wallace sold 10,801 shares of the business's stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $913.68, for a total value of $9,868,657.68. Following the transaction, the chief executive officer directly owned 92,818 shares of the company's stock, valued at approximately $84,805,950.24. This represents a 10.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 32,605 shares of company stock valued at $29,348,291. 0.12% of the stock is owned by insiders.

Analyst Ratings Changes

KLAC has been the topic of several analyst reports. JPMorgan Chase & Co. lifted their price target on KLA from $900.00 to $1,070.00 and gave the stock an "overweight" rating in a report on Friday, August 1st. Citigroup lifted their price target on KLA from $1,035.00 to $1,060.00 and gave the stock a "buy" rating in a report on Friday, August 1st. Barclays lifted their price target on KLA from $590.00 to $750.00 and gave the stock an "equal weight" rating in a report on Monday, July 28th. The Goldman Sachs Group initiated coverage on KLA in a report on Thursday, July 10th. They set a "neutral" rating and a $980.00 price target on the stock. Finally, Cantor Fitzgerald reiterated an "overweight" rating on shares of KLA in a report on Tuesday, June 24th. Eight equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $890.59.

KLA Trading Up 3.6%

NASDAQ KLAC traded up $31.80 during trading on Friday, hitting $905.09. The stock had a trading volume of 1,155,118 shares, compared to its average volume of 887,379. The company has a market capitalization of $119.44 billion, a PE ratio of 29.78, a PEG ratio of 3.08 and a beta of 1.48. The company has a quick ratio of 1.83, a current ratio of 2.62 and a debt-to-equity ratio of 1.25. The firm has a 50 day moving average price of $903.20 and a 200 day moving average price of $793.84. KLA Corporation has a twelve month low of $551.33 and a twelve month high of $959.26.

KLA (NASDAQ:KLAC - Get Free Report) last released its earnings results on Thursday, July 31st. The semiconductor company reported $9.38 earnings per share for the quarter, beating the consensus estimate of $8.53 by $0.85. The company had revenue of $3.17 billion during the quarter, compared to the consensus estimate of $3.08 billion. KLA had a return on equity of 112.41% and a net margin of 33.41%.KLA's revenue was up 23.6% compared to the same quarter last year. During the same period in the previous year, the company posted $6.60 EPS. KLA has set its Q1 2026 guidance at 7.760-9.300 EPS. As a group, equities research analysts forecast that KLA Corporation will post 31.59 earnings per share for the current year.

KLA Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Monday, August 18th were given a $1.90 dividend. This represents a $7.60 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Monday, August 18th. KLA's payout ratio is currently 25.01%.

KLA Company Profile

KLA Corporation, together with its subsidiaries, engages in the design, manufacture, and marketing of 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 and Component Inspection.