KLA-Tencor Corp (NASDAQ:KLAC) EVP Ahmad A. Khan sold 2,975 shares of the business’s stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $99.71, for a total value of $296,637.25. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

KLA-Tencor Corp (KLAC) traded up $0.30 during midday trading on Tuesday, hitting $104.21. The company’s stock had a trading volume of 2,017,399 shares, compared to its average volume of 1,574,817. The company has a market capitalization of $15,802.97, a PE ratio of 25.02 and a beta of 1.53. KLA-Tencor Corp has a 52 week low of $86.36 and a 52 week high of $121.65. The company has a debt-to-equity ratio of 2.03, a current ratio of 3.73 and a quick ratio of 3.06.

KLA-Tencor (NASDAQ:KLAC) last posted its quarterly earnings results on Thursday, January 25th. The semiconductor company reported $1.97 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.73 by $0.24. The company had revenue of $975.82 million for the quarter, compared to analysts’ expectations of $968.00 million. KLA-Tencor had a return on equity of 85.81% and a net margin of 17.28%. The firm’s revenue was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.52 earnings per share. sell-side analysts predict that KLA-Tencor Corp will post 7.71 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Thursday, February 15th will be issued a $0.59 dividend. The ex-dividend date is Wednesday, February 14th. This represents a $2.36 annualized dividend and a dividend yield of 2.26%. KLA-Tencor’s dividend payout ratio is currently 56.87%.

A number of research firms have weighed in on KLAC. ValuEngine upgraded KLA-Tencor from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Citigroup upped their target price on KLA-Tencor from $110.00 to $112.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 30th. BidaskClub downgraded KLA-Tencor from a “buy” rating to a “hold” rating in a research report on Tuesday, January 30th. Zacks Investment Research downgraded KLA-Tencor from a “buy” rating to a “hold” rating in a research report on Monday, January 29th. Finally, Credit Suisse Group restated an “outperform” rating and issued a $134.00 target price (up from $124.00) on shares of KLA-Tencor in a research report on Monday, January 29th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $118.54.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Harel Insurance Investments & Financial Services Ltd. increased its holdings 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 valued at $106,000 after buying an additional 750 shares in the last quarter. Bristlecone Advisors LLC bought a new position in shares of KLA-Tencor in the third quarter valued at $148,000. Edge Advisors LLC increased its holdings in shares of KLA-Tencor by 77.8% in the third quarter. Edge Advisors LLC now owns 1,993 shares of the semiconductor company’s stock valued at $211,000 after buying an additional 872 shares in the last quarter. Highbridge Capital Management LLC bought a new position in shares of KLA-Tencor in the third quarter valued at $212,000. Finally, Foundry Partners LLC bought a new position in shares of KLA-Tencor in the third quarter valued at $215,000. 91.08% of the stock is currently owned by institutional investors.

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About KLA-Tencor

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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