KLA (NASDAQ:KLAC) Shares Unloaded Rep. Lizzie Fletcher

Key Points

• Rep. Lizzie Fletcher disclosed selling between $1,001 and $15,000 of KLA (KLAC) stock on April 8 in her "FILER BROKERAGE ACCOUNT (CB)" and made similar-sized sales of multiple large-cap tech and financial stocks the same day.
• KLA beat quarterly EPS and revenue estimates, issued above‑consensus guidance tied to AI-driven chip demand, announced a $7 billion share buyback and maintained a dividend, prompting analyst target increases even as the stock dipped after the report.

Representative Lizzie Fletcher (Democratic-Texas) recently sold shares of KLA Corporation NASDAQ: KLAC. In a filing disclosed on May 01st, the Representative disclosed that they had sold between $1,001 and $15,000 in KLA stock on April 8th. The trade occurred in the Representative's "FILER BROKERAGE ACCOUNT (CB)" account.

Representative Lizzie Fletcher also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 4/8/2026.
• Sold $1,001 - $15,000 in shares of Eaton NYSE: ETN on 4/8/2026.
• Sold $1,001 - $15,000 in shares of McKesson NYSE: MCK on 4/8/2026.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 4/8/2026.
• Sold $1,001 - $15,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 4/8/2026.
• Sold $1,001 - $15,000 in shares of Quanta Services NYSE: PWR on 4/8/2026.
• Sold $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 4/8/2026.
• Sold $1,001 - $15,000 in shares of Ameriprise Financial NYSE: AMP on 4/8/2026.
• Sold $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 4/8/2026.
• Sold $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 4/8/2026.

KLA Stock Performance

Shares of NASDAQ:KLAC opened at $1,726.26 on Friday. The company has a market capitalization of $226.28 billion, a price-to-earnings ratio of 48.86, a PEG ratio of 3.29 and a beta of 1.50. KLA Corporation has a 12 month low of $675.27 and a 12 month high of $1,939.36. The firm's 50-day moving average is $1,586.36 and its 200 day moving average is $1,391.30. The company has a current ratio of 3.03, a quick ratio of 2.00 and a debt-to-equity ratio of 1.01.

KLA (NASDAQ:KLAC - Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The semiconductor company reported $9.40 EPS for the quarter, beating the consensus estimate of $9.17 by $0.23. The company had revenue of $3.42 billion for the quarter, compared to the consensus estimate of $3.37 billion. KLA had a net margin of 35.66% and a return on equity of 91.89%. The firm's revenue was up 11.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $8.41 EPS. KLA has set its Q4 2026 guidance at 8.870-10.870 EPS. Research analysts predict that KLA Corporation will post 36.81 EPS for the current year.

KLA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 3rd. Investors of record on Tuesday, February 17th were issued a dividend of $1.90 per share. This represents a $7.60 annualized dividend and a yield of 0.4%. The ex-dividend date was Tuesday, February 17th. KLA's dividend payout ratio is presently 21.51%.

KLA declared that its Board of Directors has approved a stock repurchase plan on Thursday, March 12th that permits the company to buyback $7.00 billion in outstanding shares. This buyback authorization permits the semiconductor company to purchase up to 3.7% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.

Key Headlines Impacting KLA

Here are the key news stories impacting KLA this week:

• Positive Sentiment: PineStone Asset Management opened a large new position in KLAC — about $151.7M worth of shares reported in a recent 13F, signalling institutional conviction and incremental demand for the stock. PineStone opens new $151.7M KLAC position
• Positive Sentiment: Multiple sell‑side firms raised price targets (Needham, Wells Fargo, JPMorgan, Stifel, Berenberg, Argus among others), lifting medium‑term analyst sentiment and signaling upside to consensus. This supports longer-term conviction despite near-term volatility. Stifel raises KLAC price target
• Neutral Sentiment: KLA reported Q3 results that beat EPS and revenue estimates and issued above‑consensus guidance tied to AI‑driven chip demand — a fundamental positive, but one that already appears partly baked into expectations. Q3 earnings transcript / results
• Negative Sentiment: Despite the beat and bullish guidance, the stock fell after the release as some investors/analysts said the outlook or cadence didn’t clear a higher bar — short‑term disappointment drove selling. Stock tumbles after earnings despite beat
• Negative Sentiment: Insider selling: recent open‑market sales by the CEO and CFO (multi‑million dollar disposals) add to near‑term selling pressure and may worry some investors about timing of exits. QuiverQuant fund & insider update

Hedge Funds Weigh In On KLA

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Ferguson Wellman Capital Management Inc. bought a new position in shares of KLA during the first quarter valued at approximately $269,000. Citizens Financial Group Inc. RI boosted its stake in shares of KLA by 0.9% during the first quarter. Citizens Financial Group Inc. RI now owns 8,386 shares of the semiconductor company's stock valued at $12,348,000 after purchasing an additional 71 shares in the last quarter. Stiles Financial Services Inc boosted its stake in shares of KLA by 1.0% during the first quarter. Stiles Financial Services Inc now owns 1,783 shares of the semiconductor company's stock valued at $2,625,000 after purchasing an additional 17 shares in the last quarter. Sageworth Trust Co bought a new position in shares of KLA during the first quarter valued at approximately $617,000. Finally, Whittier Trust Co. of Nevada Inc. boosted its stake in shares of KLA by 3.4% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 2,436 shares of the semiconductor company's stock valued at $3,752,000 after purchasing an additional 80 shares in the last quarter. 86.65% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

KLAC has been the topic of a number of research analyst reports. KeyCorp restated a "sector weight" rating on shares of KLA in a research note on Friday, March 13th. UBS Group upped their target price on shares of KLA from $1,575.00 to $1,835.00 and gave the stock a "neutral" rating in a research note on Tuesday, April 21st. The Goldman Sachs Group upped their target price on shares of KLA from $1,505.00 to $1,550.00 and gave the stock a "neutral" rating in a research note on Thursday. Wolfe Research upped their target price on shares of KLA from $1,800.00 to $2,000.00 and gave the stock an "outperform" rating in a research note on Friday, April 10th. Finally, Wells Fargo & Company upped their target price on shares of KLA from $1,900.00 to $2,100.00 and gave the stock an "overweight" rating in a research note on Thursday. Twenty analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $1,798.30.

About Representative Fletcher

Lizzie Pannill Fletcher (Democratic Party) is a member of the U.S. House, representing Texas' 7th Congressional District. She assumed office on January 3, 2019. Her current term ends on January 3, 2027. Fletcher (Democratic Party) ran for re-election to the U.S. House to represent Texas' 7th Congressional District. She won in the general election on November 5, 2024. Lizzie Pannill Fletcher was born and lives in Houston, Texas. She graduated from St. John's School. She earned a bachelor's degree in history from Kenyon College and a J.D. from William & Mary Law School. Fletcher’s career experience includes working as a lawyer. She co-founded Planned Parenthood Young Leaders in 2000. Fletcher serves as a board member of Writers in the Schools and Open Dance Project.

KLA Company Profile

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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