Nikulski Financial Inc. Has $409,000 Holdings in KLA Co. (NASDAQ:KLAC)

Nikulski Financial Inc. lifted its position in shares of KLA Co. (NASDAQ:KLAC) by 8.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 528 shares of the semiconductor company’s stock after purchasing an additional 39 shares during the quarter. Nikulski Financial Inc.’s holdings in KLA were worth $409,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Capital Market Strategies LLC grew its holdings in shares of KLA by 1.6% in the 2nd quarter. Capital Market Strategies LLC now owns 808 shares of the semiconductor company’s stock worth $666,000 after purchasing an additional 13 shares during the last quarter. CVA Family Office LLC increased its holdings in KLA by 3.7% during the 3rd quarter. CVA Family Office LLC now owns 366 shares of the semiconductor company’s stock valued at $283,000 after purchasing an additional 13 shares in the last quarter. HBW Advisory Services LLC raised its position in KLA by 2.6% in the 2nd quarter. HBW Advisory Services LLC now owns 548 shares of the semiconductor company’s stock valued at $452,000 after purchasing an additional 14 shares during the last quarter. TIAA Trust National Association boosted its stake in KLA by 0.4% in the second quarter. TIAA Trust National Association now owns 3,249 shares of the semiconductor company’s stock worth $2,679,000 after purchasing an additional 14 shares in the last quarter. Finally, United Community Bank increased its stake in shares of KLA by 4.0% in the first quarter. United Community Bank now owns 390 shares of the semiconductor company’s stock valued at $272,000 after buying an additional 15 shares in the last quarter. 86.65% of the stock is currently owned by institutional investors.

KLA Trading Down 3.1 %

Shares of KLAC stock traded down $21.20 during trading hours on Thursday, hitting $670.60. 326,450 shares of the company’s stock traded hands, compared to its average volume of 939,438. The company has a quick ratio of 1.50, a current ratio of 2.15 and a debt-to-equity ratio of 1.75. KLA Co. has a 12 month low of $453.50 and a 12 month high of $896.32. The stock has a market cap of $90.29 billion, a PE ratio of 36.35, a price-to-earnings-growth ratio of 1.69 and a beta of 1.27. The stock’s 50 day simple moving average is $749.77 and its 200 day simple moving average is $763.63.

KLA (NASDAQ:KLAC) last issued its quarterly earnings data on Wednesday, October 30th. The semiconductor company reported $7.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.03 by $0.30. KLA had a return on equity of 103.50% and a net margin of 28.15%. The company had revenue of $2.84 billion during the quarter, compared to the consensus estimate of $2.75 billion. During the same period last year, the company earned $5.74 earnings per share. The firm’s revenue was up 18.5% compared to the same quarter last year. On average, sell-side analysts anticipate that KLA Co. will post 29.07 EPS for the current year.

Analyst Ratings Changes

KLAC has been the subject of several research reports. Cantor Fitzgerald reissued a “neutral” rating and issued a $925.00 target price on shares of KLA in a research note on Tuesday, October 8th. Barclays upped their target price on shares of KLA from $765.00 to $800.00 and gave the company an “equal weight” rating in a research report on Thursday, July 25th. StockNews.com downgraded shares of KLA from a “buy” rating to a “hold” rating in a research note on Thursday, August 29th. Evercore ISI raised their price objective on shares of KLA from $800.00 to $900.00 and gave the company an “outperform” rating in a research note on Thursday, July 25th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of KLA from $890.00 to $750.00 and set a “buy” rating for the company in a report on Thursday. Nine research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $805.29.

Insiders Place Their Bets

In other news, EVP Mary Beth Wilkinson sold 2,611 shares of KLA stock in a transaction on Monday, August 5th. The shares were sold at an average price of $652.17, for a total value of $1,702,815.87. Following the completion of the sale, the executive vice president now owns 9,298 shares in the company, valued at $6,063,876.66. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In related news, EVP Mary Beth Wilkinson sold 2,611 shares of the business’s stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $652.17, for a total value of $1,702,815.87. Following the completion of the sale, the executive vice president now directly owns 9,298 shares of the company’s stock, valued at $6,063,876.66. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Richard P. Wallace sold 17,437 shares of the stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $705.01, for a total value of $12,293,259.37. Following the completion of the transaction, the chief executive officer now owns 105,329 shares in the company, valued at approximately $74,257,998.29. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 20,873 shares of company stock worth $14,532,193. Company insiders own 0.12% of the company’s stock.

About KLA

KLA Corporation, together with its subsidiaries, engages in the design, manufacture, and marketing of process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. It operates through three segments: Semiconductor Process Control; Specialty Semiconductor Process; and PCB and Component Inspection.