KLA (NASDAQ:KLAC) Shares Bought Rep. Michael A. Rulli

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 Trading Down 2.7%

KLA stock opened at $192.74 on Tuesday. The company has a quick ratio of 2.03, a current ratio of 2.88 and a debt-to-equity ratio of 0.93. The company has a market cap of $251.77 billion, a P/E ratio of 52.56, a P/E/G ratio of 1.52 and a beta of 1.45. The business has a 50-day simple moving average of $223.60 and a two-hundred day simple moving average of $183.55. KLA Corporation has a 52-week low of $83.22 and a 52-week high of $307.37.

KLA (NASDAQ:KLACGet Free Report) last announced its earnings results on Tuesday, July 28th. The semiconductor company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates 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 firm’s revenue was up 15.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.94 earnings per share. KLA has set its Q1 2027 guidance at 1.060-1.260 EPS. Analysts predict that KLA Corporation will post 5.42 EPS 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 given a $0.23 dividend. The ex-dividend date of this dividend is Monday, August 17th. This is a positive change from KLA’s previous quarterly dividend of $0.23. This represents a $0.92 annualized dividend and a yield of 0.5%. KLA’s payout ratio is 25.07%.

Insider Transactions at KLA

In other news, EVP Mary Beth Wilkinson sold 13,802 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $195.50, for a total transaction of $2,698,291.00. Following the sale, the executive vice president directly owned 22,110 shares of the company’s stock, valued at $4,322,505. This represents a 38.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Virendra A. Kirloskar sold 4,504 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $195.50, for a total value of $880,532.00. Following the transaction, the chief accounting officer owned 7,972 shares of the company’s stock, valued at $1,558,526. This represents a 36.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 111,379 shares of company stock worth $26,154,182. 91.48% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on KLAC shares. Barclays reaffirmed an “overweight” rating and set a $225.00 price objective on shares of KLA in a research report on Monday, July 20th. Bank of America raised their target price on shares of KLA from $210.00 to $317.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. The Goldman Sachs Group reiterated a “neutral” rating and issued a $230.00 price target on shares of KLA in a research report on Tuesday, July 28th. New Street Research increased their price objective on shares of KLA from $146.00 to $177.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. Finally, Susquehanna set a $215.00 price objective on shares of KLA and gave the company a “neutral” rating in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $223.70.

Check Out Our Latest Stock Report on KLA

Institutional Trading of KLA

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Allied Private Wealth LLC purchased a new position in shares of KLA during the second quarter valued at about $27,000. Carolina Wealth Advisors LLC lifted its position in shares of KLA by 900.0% in the second quarter. Carolina Wealth Advisors LLC now owns 100 shares of the semiconductor company’s stock worth $30,000 after buying an additional 90 shares in the last quarter. Basepoint Wealth LLC bought a new position in KLA during the fourth quarter valued at approximately $32,000. Triumph Capital Management bought a new position in KLA during the third quarter valued at approximately $40,000. Finally, Hilton Head Capital Partners LLC purchased a new position in KLA during the 4th quarter valued at approximately $41,000. 86.65% of the stock is currently owned by institutional investors.

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

(Get Free Report)

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.

Further Reading

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