KLA-Tencor Corporation (NASDAQ:KLAC) SVP Virendra A. Kirloskar sold 436 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $91.99, for a total value of $40,107.64. Following the completion of the sale, the senior vice president now directly owns 297 shares of the company’s stock, valued at $27,321.03. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

KLA-Tencor Corporation (KLAC) traded down 3.65% during mid-day trading on Thursday, reaching $88.14. The company had a trading volume of 1,165,498 shares. KLA-Tencor Corporation has a one year low of $66.88 and a one year high of $109.59. The company’s 50-day moving average is $95.55 and its 200-day moving average is $95.61. The stock has a market capitalization of $13.82 billion, a PE ratio of 14.99 and a beta of 1.62.

KLA-Tencor Corporation (NASDAQ:KLAC) last posted its earnings results on Thursday, July 27th. The semiconductor company reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.59 by $0.05. The firm had revenue of $938.60 million for the quarter, compared to the consensus estimate of $923.80 million. KLA-Tencor Corporation had a return on equity of 88.61% and a net margin of 26.61%. The business’s quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.77 earnings per share. Equities research analysts anticipate that KLA-Tencor Corporation will post $6.70 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Tuesday, August 15th will be given a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.68%. The ex-dividend date is Friday, August 11th. This is an increase from KLA-Tencor Corporation’s previous quarterly dividend of $0.54. KLA-Tencor Corporation’s dividend payout ratio (DPR) is 36.73%.

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Large investors have recently modified their holdings of the company. BlackRock Inc. increased its stake 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 worth $1,059,142,000 after buying an additional 10,573,812 shares during the period. FMR LLC increased its stake in shares of KLA-Tencor Corporation by 162.0% in the first quarter. FMR LLC now owns 5,166,949 shares of the semiconductor company’s stock worth $491,222,000 after buying an additional 3,194,775 shares during the period. Janus Capital Management LLC increased its stake 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 worth $328,013,000 after buying an additional 535,940 shares during the period. Vanguard Group Inc. increased its stake in shares of KLA-Tencor Corporation by 3.0% in the first quarter. Vanguard Group Inc. now owns 16,479,107 shares of the semiconductor company’s stock worth $1,566,668,000 after buying an additional 482,997 shares during the period. Finally, State Street Corp increased its stake 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 worth $656,105,000 after buying an additional 436,022 shares during the period. Institutional investors own 91.96% of the company’s stock.

A number of analysts have recently issued reports on the company. B. Riley reaffirmed a “buy” rating and issued a $115.00 price objective on shares of KLA-Tencor Corporation in a research report on Friday, April 28th. UBS AG cut KLA-Tencor Corporation to a “neutral” rating in a research report on Monday, April 17th. Cowen and Company reaffirmed a “buy” rating and issued a $120.00 price objective on shares of KLA-Tencor Corporation in a research report on Tuesday, July 11th. BidaskClub cut KLA-Tencor Corporation from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 16th. Finally, Susquehanna Bancshares Inc reaffirmed a “negative” rating on shares of KLA-Tencor Corporation in a research report on Monday, April 17th. Three analysts have rated the stock with a sell rating, five have given a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $98.86.

About KLA-Tencor Corporation

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 Corporation (NASDAQ:KLAC)

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