Oak Associates Ltd. OH lifted its holdings in KLA-Tencor Corporation (NASDAQ:KLAC) by 3.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 503,548 shares of the semiconductor company’s stock after purchasing an additional 18,101 shares during the quarter. KLA-Tencor Corporation accounts for approximately 3.5% of Oak Associates Ltd. OH’s investment portfolio, making the stock its 5th largest position. Oak Associates Ltd. OH owned 0.32% of KLA-Tencor Corporation worth $46,080,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in shares of KLA-Tencor Corporation by 2.4% in the second quarter. Vanguard Group Inc. now owns 16,882,077 shares of the semiconductor company’s stock valued at $1,544,879,000 after purchasing an additional 402,970 shares in the last quarter. BlackRock Inc. grew its holdings in shares of KLA-Tencor Corporation by 1,865.4% in the first quarter. BlackRock Inc. now owns 11,140,657 shares of the semiconductor company’s stock valued at $1,059,142,000 after purchasing an additional 10,573,812 shares in the last quarter. State Street Corp grew its holdings in shares of KLA-Tencor Corporation by 6.7% in the first quarter. State Street Corp now owns 6,901,169 shares of the semiconductor company’s stock valued at $656,105,000 after purchasing an additional 436,022 shares in the last quarter. Janus Henderson Group PLC grew its holdings in shares of KLA-Tencor Corporation by 24,123.6% in the second quarter. Janus Henderson Group PLC now owns 4,308,404 shares of the semiconductor company’s stock valued at $394,262,000 after purchasing an additional 4,290,618 shares in the last quarter. Finally, Janus Capital Management LLC grew its holdings in shares of KLA-Tencor Corporation by 18.4% in the first quarter. Janus Capital Management LLC now owns 3,450,226 shares of the semiconductor company’s stock valued at $328,013,000 after purchasing an additional 535,940 shares in the last quarter. 89.12% of the stock is owned by hedge funds and other institutional investors.

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In other news, insider Bobby R. Bell sold 4,236 shares of the stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $105.51, for a total transaction of $446,940.36. Following the completion of the transaction, the insider now directly owns 8,908 shares in the company, valued at approximately $939,883.08. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Richard P. Wallace sold 37,377 shares of the stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $90.86, for a total value of $3,396,074.22. Following the transaction, the insider now owns 58,831 shares of the company’s stock, valued at $5,345,384.66. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 84,512 shares of company stock valued at $7,726,826. Company insiders own 0.20% of the company’s stock.

Several research analysts have commented on KLAC shares. Credit Suisse Group set a $115.00 price objective on shares of KLA-Tencor Corporation and gave the stock a “buy” rating in a research note on Saturday, July 29th. BidaskClub lowered shares of KLA-Tencor Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, July 25th. B. Riley reaffirmed a “buy” rating and set a $120.00 price objective on shares of KLA-Tencor Corporation in a research note on Wednesday, August 2nd. Goldman Sachs Group, Inc. (The) lowered shares of KLA-Tencor Corporation from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $108.00 to $97.00 in a research note on Wednesday, September 13th. Finally, KeyCorp reaffirmed a “hold” rating on shares of KLA-Tencor Corporation in a research note on Sunday. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the company’s stock. KLA-Tencor Corporation presently has a consensus rating of “Hold” and an average price target of $99.68.

KLA-Tencor Corporation (NASDAQ KLAC) traded up 0.46% during mid-day trading on Friday, hitting $105.30. The stock had a trading volume of 1,005,775 shares. The firm’s 50-day moving average price is $99.56 and its 200 day moving average price is $98.05. KLA-Tencor Corporation has a one year low of $71.11 and a one year high of $109.59. The company has a market cap of $16.52 billion, a PE ratio of 17.91 and a beta of 1.68.

KLA-Tencor Corporation (NASDAQ:KLAC) last released its quarterly earnings results on Thursday, July 27th. The semiconductor company reported $1.64 earnings per share for the quarter, topping analysts’ consensus estimates of $1.59 by $0.05. The business had revenue of $938.60 million during the quarter, compared to analysts’ expectations of $923.80 million. KLA-Tencor Corporation had a return on equity of 88.61% and a net margin of 26.61%. The company’s revenue was up 2.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.77 EPS. On average, equities research analysts anticipate that KLA-Tencor Corporation will post $6.74 EPS for the current year.

KLA-Tencor Corporation 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.

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Institutional Ownership by Quarter for KLA-Tencor Corporation (NASDAQ:KLAC)

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