KLA (NASDAQ:KLAC) Stock Acquired Rep. Michael A. Rulli

Key Points

• Rep. Michael A. Rulli purchased between $1,001 and $15,000 of KLA stock on July 1 through a Merrill Lynch managed account. He also bought shares of Alphabet, Micron and NVIDIA while selling positions in Crown Castle, Eli Lilly, Microsoft, Amazon and Apple.
• KLA reported quarterly earnings of $1.05 per share, exceeding the $1.00 analyst estimate, while revenue rose 15.2% year over year to $3.66 billion. The company issued fiscal Q1 2027 EPS guidance of $1.06 to $1.26.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $223.70, while institutional investors own 86.65% of the stock. KLA executives have sold more than $26.1 million in shares over the past 90 days.

Representative Michael A. Rulli (Republican-Ohio) recently bought shares of KLA Corporation NASDAQ: KLAC. In a filing disclosed on August 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in KLA stock on July 1st. The trade occurred in the Representative's "MERRILL LYNCH MANAGED ACCOUNT" account.

Representative Michael A. Rulli also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Crown Castle NYSE: CCI on 8/6/2026.
• Sold $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 7/1/2026.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 6/29/2026.
• Purchased $1,001 - $15,000 in shares of Micron Technology NASDAQ: MU on 6/25/2026.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 6/25/2026.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 6/25/2026.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 6/25/2026.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 6/25/2026.
• Sold $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 6/25/2026.

KLA Price Performance

Shares of KLAC stock opened at $192.74 on Tuesday. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.88 and a quick ratio of 2.03. The company has a market capitalization of $251.77 billion, a PE ratio of 52.56, a price-to-earnings-growth ratio of 1.52 and a beta of 1.45. The firm's 50-day moving average is $223.60 and its two-hundred day moving average is $183.55. KLA Corporation has a 12 month low of $83.22 and a 12 month high of $307.37.

KLA (NASDAQ:KLAC - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The semiconductor company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.05. The business had revenue of $3.66 billion during the quarter, compared to analysts' expectations of $3.61 billion. KLA had a net margin of 35.57% and a return on equity of 87.66%. The business's revenue for the quarter was up 15.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.94 EPS. KLA has set its Q1 2027 guidance at 1.060-1.260 EPS. Analysts predict that KLA Corporation will post 5.42 earnings per share for the current year.

KLA Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 0.5%. This is a boost from KLA's previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Monday, August 17th. KLA's payout ratio is presently 25.07%.

Hedge Funds Weigh In On KLA

Several hedge funds have recently added to or reduced their stakes in the stock. McIlrath & Eck LLC increased its holdings in shares of KLA by 6.8% in the 1st quarter. McIlrath & Eck LLC now owns 94 shares of the semiconductor company's stock valued at $139,000 after purchasing an additional 6 shares in the last quarter. Motco boosted its holdings in KLA by 1.8% during the fourth quarter. Motco now owns 405 shares of the semiconductor company's stock worth $492,000 after buying an additional 7 shares in the last quarter. Nemes Rush Group LLC boosted its holdings in KLA by 17.1% during the fourth quarter. Nemes Rush Group LLC now owns 48 shares of the semiconductor company's stock worth $58,000 after buying an additional 7 shares in the last quarter. SouthState Bank Corp grew its position in KLA by 6.7% during the fourth quarter. SouthState Bank Corp now owns 111 shares of the semiconductor company's stock worth $135,000 after buying an additional 7 shares during the period. Finally, West Michigan Advisors LLC increased its holdings in KLA by 2.7% in the fourth quarter. West Michigan Advisors LLC now owns 305 shares of the semiconductor company's stock valued at $371,000 after buying an additional 8 shares in the last quarter. 86.65% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Scotiabank set a $200.00 price objective on KLA in a research report on Wednesday, June 10th. Needham & Company LLC reaffirmed a "buy" rating and issued a $270.00 price target on shares of KLA in a research note on Wednesday, July 29th. Citic Securities increased their price target on KLA from $135.00 to $197.00 in a report on Wednesday, May 6th. Rothschild & Co Redburn raised their price objective on KLA from $140.00 to $186.50 and gave the stock a "neutral" rating in a research report on Tuesday, May 12th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of KLA from $200.00 to $238.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $223.70.

Insider Activity at KLA

In related news, CFO Bren D. Higgins sold 27,701 shares of the firm's stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $265.69, for a total value of $7,359,878.69. Following the completion of the transaction, the chief financial officer directly owned 263,472 shares of the company's stock, valued at $70,001,875.68. This trade represents a 9.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Richard P. Wallace sold 45,120 shares of the firm's stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $221.34, for a total value of $9,986,725.44. Following the completion of the transaction, the chief executive officer directly owned 713,830 shares of the company's stock, valued at $157,996,990.71. The trade was a 5.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 111,379 shares of company stock valued at $26,154,182 in the last 90 days. Insiders own 91.48% of the company's stock.

About Representative Rulli

Michael Rulli (Republican Party) is a member of the U.S. House, representing Ohio's 6th Congressional District. He assumed office on June 25, 2024. His current term ends on January 3, 2027. Rulli (Republican Party) is running for re-election to the U.S. House to represent Ohio's 6th Congressional District. He declared candidacy for the 2026 election. Michael Rulli graduated from Poland Seminary High School. He earned a degree from Emerson College. Rulli's career experience includes working as the director of operations with Rulli Bros. Markets.

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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