KLA-Tencor Corp (NASDAQ:KLAC) Director Emiko Higashi sold 500 shares of the stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $101.26, for a total transaction of $50,630.00. Following the transaction, the director now owns 15,229 shares in the company, valued at $1,542,088.54. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Emiko Higashi also recently made the following trade(s):

  • On Wednesday, November 1st, Emiko Higashi sold 500 shares of KLA-Tencor stock. The stock was sold at an average price of $110.00, for a total transaction of $55,000.00.

KLA-Tencor Corp (NASDAQ:KLAC) traded up $1.76 on Tuesday, reaching $102.64. 1,434,192 shares of the company were exchanged, compared to its average volume of 1,265,775. The firm has a market cap of $16,277.25, a P/E ratio of 15.79 and a beta of 1.63. KLA-Tencor Corp has a 12-month low of $76.45 and a 12-month high of $110.00. The company has a debt-to-equity ratio of 1.72, a quick ratio of 2.59 and a current ratio of 3.11.

KLA-Tencor (NASDAQ:KLAC) last posted its earnings results on Thursday, October 26th. The semiconductor company reported $1.80 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.63 by $0.17. The firm had revenue of $970.00 million during the quarter, compared to the consensus estimate of $946.86 million. KLA-Tencor had a net margin of 27.82% and a return on equity of 84.61%. The company’s revenue was up 29.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.16 EPS. analysts expect that KLA-Tencor Corp will post 7.31 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th were given a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 2.30%. The ex-dividend date of this dividend was Tuesday, November 14th. KLA-Tencor’s dividend payout ratio (DPR) is 36.14%.

A number of large investors have recently modified their holdings of the business. AXA grew its position in KLA-Tencor by 3.0% in the third quarter. AXA now owns 97,451 shares of the semiconductor company’s stock valued at $10,330,000 after acquiring an additional 2,879 shares in the last quarter. Delphi Management Inc. MA acquired a new stake in KLA-Tencor in the third quarter valued at approximately $355,000. Cypress Capital Group acquired a new stake in KLA-Tencor in the third quarter valued at approximately $336,000. Cetera Advisor Networks LLC acquired a new stake in KLA-Tencor in the third quarter valued at approximately $223,000. Finally, IFM Investors Pty Ltd acquired a new stake in KLA-Tencor in the third quarter valued at approximately $438,000. 90.88% of the stock is owned by institutional investors.

Several research analysts have recently weighed in on the stock. Argus assumed coverage on shares of KLA-Tencor in a report on Wednesday, November 29th. They set a “buy” rating and a $125.00 price objective on the stock. KeyCorp reiterated a “hold” rating on shares of KLA-Tencor in a report on Sunday, October 15th. Zacks Investment Research upgraded shares of KLA-Tencor from a “hold” rating to a “strong-buy” rating and set a $121.00 price objective on the stock in a report on Monday, October 16th. B. Riley reiterated a “buy” rating and set a $129.00 price objective (up from $120.00) on shares of KLA-Tencor in a report on Friday, October 27th. Finally, J P Morgan Chase & Co reissued a “buy” rating and set a $136.00 target price on shares of KLA-Tencor in a research report on Friday, October 27th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $108.68.

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KLA-Tencor Company Profile

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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