KLA Corp.’s recently made public that its EVP & Chief Financial Officer Higgins Bren D. unloaded Company’s shares for reported $0.8 million on May 23 ’24. In the deal valued at $788.58 per share,1,019 shares were sold. As a result of this transaction, Higgins Bren D. now holds 31,356 shares worth roughly $24.9 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Khan Ahmad A. sold 7,833 shares, generating $5,953,080 in total proceeds. Upon selling the shares at $760.00, the President, Semi Proc. Control now owns 32,105 shares.
Before that, WALLACE RICHARD P sold 14,009 shares. KLA Corp. shares valued at $10,039,270 were divested by the President and CEO at a price of $716.63 per share. As a result of the transaction, WALLACE RICHARD P now holds 93,142 shares, worth roughly $73.95 million.
Barclays upgraded its KLA Corp. [KLAC] rating to an Equal weight from a an Underweight in a research note published on June 05, 2024; the price target was increased to $765 from $630. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in mid May with a ‘”a Buy”‘ rating. TD Cowen also remained covering KLAC and reiterated its “Hold” recommendation on April 26, 2024. Evercore ISI started covering the stock on April 16, 2024. It rated KLAC as “an Outperform”.
Price Performance Review of KLAC
On Monday, KLA Corp. [NASDAQ:KLAC] saw its stock fall -2.76% to $793.98. Over the last five days, the stock has lost -3.74%. KLA Corp. shares have risen nearly 36.59% since the year began. Nevertheless, the stocks have risen 69.88% over the past one year. While a 52-week high of $876.55 was reached on 06/18/24, a 52-week low of $440.15 was recorded on 01/05/24. SMA at 50 days reached $740.73, while 200 days put it at $615.78. A total of 0.89 million shares were traded, compared to the trading of 2.0 million shares in the previous session.
Levels Of Support And Resistance For KLAC Stock
The 24-hour chart illustrates a support level at 785.73, which if violated will result in even more drops to 777.48. On the upside, there is a resistance level at 808.87. A further resistance level may holdings at 823.75. The Relative Strength Index (RSI) on the 14-day chart is 51.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.42, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 60.57%. Stochastics %K at 54.52% indicates the stock is a holding.
#####
#####
#####
#####
