KLA Corporation $KLAC Shares Sold by Bokf Na

Key Points

• Bokf Na reduced its holdings in KLA by 12.7% during the 4th quarter, selling 1,083 shares and leaving it with 7,451 shares worth $9.054 million.
• KLA beat quarterly estimates, reporting $9.40 EPS versus $9.17 expected and $3.42 billion in revenue (up 11.5% year-over-year); management set Q4 2026 guidance of $8.87–$10.87 EPS.
• Board approved a $7.0 billion share buyback (about 3.7% of shares) and analysts hold a consensus "Moderate Buy" rating with an average target price of $1,821.26 (20 Buys vs. 10 Holds).

Bokf Na reduced its holdings in KLA Corporation (NASDAQ:KLAC - Free Report) by 12.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,451 shares of the semiconductor company's stock after selling 1,083 shares during the quarter. Bokf Na's holdings in KLA were worth $9,054,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Arlington Trust Co LLC boosted its stake in KLA by 125.0% during the 3rd quarter. Arlington Trust Co LLC now owns 36 shares of the semiconductor company's stock valued at $39,000 after purchasing an additional 20 shares in the last quarter. Triumph Capital Management bought a new position in KLA during the 3rd quarter valued at $40,000. Steigerwald Gordon & Koch Inc. bought a new position in KLA during the 3rd quarter valued at $43,000. Cornerstone Planning Group LLC boosted its stake in KLA by 28.6% during the 3rd quarter. Cornerstone Planning Group LLC now owns 45 shares of the semiconductor company's stock valued at $49,000 after purchasing an additional 10 shares in the last quarter. Finally, Aventura Private Wealth LLC bought a new position in KLA during the 4th quarter valued at $55,000. 86.65% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on KLAC shares. KeyCorp reaffirmed a "sector weight" rating on shares of KLA in a research note on Friday, March 13th. Berenberg Bank increased their price target on KLA from $1,770.00 to $2,000.00 and gave the company a "buy" rating in a research note on Thursday, April 30th. Sanford C. Bernstein increased their price target on KLA from $1,835.00 to $1,875.00 and gave the company an "outperform" rating in a research note on Thursday, April 30th. Royal Bank Of Canada increased their price target on KLA from $1,600.00 to $1,700.00 and gave the company a "sector perform" rating in a research note on Thursday, April 30th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of KLA in a research note on Tuesday, April 21st. Twenty research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company's stock. According to MarketBeat, KLA presently has an average rating of "Moderate Buy" and a consensus target price of $1,821.26.

KLA Stock Performance

KLAC opened at $1,816.29 on Thursday. The firm has a market cap of $237.26 billion, a PE ratio of 51.41, a P/E/G ratio of 2.57 and a beta of 1.50. The company has a quick ratio of 2.11, a current ratio of 3.03 and a debt-to-equity ratio of 1.01. The business has a fifty day simple moving average of $1,597.67 and a 200-day simple moving average of $1,406.06. KLA Corporation has a fifty-two week low of $675.27 and a fifty-two week high of $1,939.36.

KLA (NASDAQ:KLAC - Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The semiconductor company reported $9.40 earnings per share for the quarter, topping the consensus estimate of $9.17 by $0.23. The business had revenue of $3.42 billion during the quarter, compared to analyst estimates of $3.37 billion. KLA had a return on equity of 91.89% and a net margin of 35.66%.The company's revenue was up 11.5% compared to the same quarter last year. During the same period last year, the company posted $8.41 EPS. KLA has set its Q4 2026 guidance at 8.870-10.870 EPS. As a group, equities analysts predict that KLA Corporation will post 37.06 EPS for the current fiscal year.

KLA announced that its Board of Directors has approved a stock buyback program on Thursday, March 12th that allows the company to repurchase $7.00 billion in shares. This repurchase authorization allows the semiconductor company to buy up to 3.7% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

About KLA

KLA is a provider of process control and yield management solutions for the semiconductor and related microelectronics industries. The company designs and manufactures equipment, software and services used by chipmakers to analyze and control manufacturing processes, detect defects, measure critical dimensions and improve yield across wafer fabrication, photomask and packaging operations. KLA's offerings are aimed at enabling production of advanced logic, memory, and specialty devices at progressively smaller technology nodes and more complex package structures.

Its product portfolio includes optical and e-beam inspection systems, metrology tools for critical dimension and film measurement, mask and reticle inspection platforms, as well as enterprise software and data analytics that aggregate process data and drive automated process control.

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