KLA (NASDAQ:KLAC) EVP Brian Lorig Sells 59,586 Shares of Stock

August 15, 2026 by InsiderTrades.com

Key Points

EVP Brian Lorig sold 59,586 KLA shares for approximately $12.4 million, reducing his direct ownership by 43.4% to 77,681 shares.
KLA reported quarterly results above expectations, with EPS of $1.05 versus the $1.00 consensus and revenue of $3.66 billion, up 15.2% year over year.
Analysts maintain a generally positive view, with a “Moderate Buy” consensus and an average price target of $223.70, while institutional investors own 86.65% of the stock.

KLA Corporation (NASDAQ:KLAC - Get Free Report) EVP Brian Lorig sold 59,586 shares of the stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $208.13, for a total transaction of $12,401,634.18. Following the sale, the executive vice president directly owned 77,681 shares of the company's stock, valued at approximately $16,167,746.53. This trade represents a 43.41% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

KLA Trading Down 2.7%

Bearish Pressure Is Building Around These 3 Stocks

NASDAQ KLAC opened at $203.72 on Friday. The firm has a market capitalization of $266.17 billion, a price-to-earnings ratio of 55.56, a PEG ratio of 1.61 and a beta of 1.45. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.03 and a current ratio of 2.88. KLA Corporation has a one year low of $83.22 and a one year high of $307.37. The company's 50 day moving average price is $223.58 and its 200 day moving average price is $184.84.

KLA (NASDAQ:KLAC - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The semiconductor company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.05. KLA had a net margin of 35.57% and a return on equity of 87.66%. The company had revenue of $3.66 billion during the quarter, compared to the consensus estimate of $3.61 billion. During the same period in the previous year, the firm earned $0.94 earnings per share. KLA's revenue for the quarter was up 15.2% on a year-over-year basis. KLA has set its Q1 2027 guidance at 1.060-1.260 EPS. On average, sell-side analysts predict that KLA Corporation will post 5.42 EPS for the current year.

KLA Increases Dividend

Analysts Just Raised Price Targets On These 3 Semiconductor Equipment Stocks

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 17th will be issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Monday, August 17th. This is a positive change from KLA's previous quarterly dividend of $0.23. KLA's dividend payout ratio (DPR) is presently 25.07%.

Wall Street Analysts Forecast Growth

KLAC has been the subject of several recent research reports. TD Cowen reiterated a "buy" rating and issued a $260.00 price target (up from $200.00) on shares of KLA in a report on Thursday, July 9th. Rothschild & Co Redburn boosted their price objective on KLA from $140.00 to $186.50 and gave the stock a "neutral" rating in a research note on Tuesday, May 12th. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $225.00 target price on shares of KLA in a research report on Wednesday, July 29th. Oppenheimer reiterated an "outperform" rating and issued a $260.00 target price (up from $200.00) on shares of KLA in a research note on Thursday, July 16th. Finally, Berenberg Bank raised their target price on KLA from $177.00 to $200.00 and gave the company a "buy" rating in a report on Thursday, April 30th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and nine have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $223.70.

From High-Yield to High-Growth: 3 Stocks Boosting Dividends

Check Out Our Latest Stock Report on KLA

Hedge Funds Weigh In On KLA

A number of institutional investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp purchased a new position in KLA in the 2nd quarter valued at about $2,522,430,000. Handelsbanken Fonder AB increased its position in shares of KLA by 978.2% during the second quarter. Handelsbanken Fonder AB now owns 858,984 shares of the semiconductor company's stock worth $259,164,000 after acquiring an additional 779,317 shares during the last quarter. Wedge Capital Management L L P NC lifted its stake in shares of KLA by 781.5% in the second quarter. Wedge Capital Management L L P NC now owns 359,277 shares of the semiconductor company's stock worth $108,397,000 after acquiring an additional 318,520 shares in the last quarter. PFA Pension Forsikringsaktieselskab acquired a new position in shares of KLA in the fourth quarter worth about $119,618,000. Finally, Clal Insurance Enterprises Holdings Ltd boosted its holdings in KLA by 151.2% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 116,292 shares of the semiconductor company's stock valued at $171,230,000 after purchasing an additional 70,000 shares during the last quarter. Institutional investors and hedge funds own 86.65% of the company's stock.

KLA News Roundup

Here are the key news stories impacting KLA this week:

Positive Sentiment: Seeking Alpha upgraded KLA to a “Buy,” arguing that the stock’s recent selloff has improved its risk-reward profile. The company’s latest quarterly results also showed resilient fundamentals, with revenue increasing 15.2% year over year and earnings exceeding consensus estimates. After A Punishing July, KLA Stock Is Now A Buy
Positive Sentiment: A TCW investment letter highlighted KLA’s positioning to benefit from increasing semiconductor complexity, including advanced process control, AI infrastructure and sophisticated chip packaging. KLA also has a consensus “Moderate Buy” rating and an average analyst price target above its recent trading level. KLA Positioned to Benefit from Semiconductor Chip Complexity
Neutral Sentiment: KLA’s quarterly dividend remains $0.23 per share, payable September 1 to shareholders of record August 17. The dividend provides a modest shareholder return, but its approximately 0.4% yield is unlikely to be a major near-term catalyst.
Negative Sentiment: Executive selling remains a notable overhang. EVP Brian Lorig sold 59,586 shares worth approximately $12.4 million, reducing his ownership by 43.4%. CEO Richard Wallace also recently sold 87,568 shares for about $17.4 million. Quiver data shows 14 open-market insider sales and no purchases over the past six months. KLA Insider Sale SEC Filing
Negative Sentiment: Broad semiconductor weakness is also pressuring KLAC. Shares of Broadcom and Applied Materials fell sharply, dragging technology ETFs such as VOO and QQQ and weighing on semiconductor-equipment peers. Investors remain concerned about near-term margins, supply constraints and the possibility that the chip cycle is approaching a peak. KLA Drops 9% in a Month

KLA Company Profile

(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.