Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. KLA Corp shares valued at $5,078,137 were sold by Higgins Bren D. on Mar 25 ’25. At $724.62 per share, Higgins Bren D. sold 7,008 shares. The insider’s holdings dropped to 28,798 shares worth approximately $20.16 million following the completion of this transaction.
Also, Higgins Bren D. purchased 7,008 shares, netting a total of over 5,078,137 in proceeds.
Before that, WALLACE RICHARD P had sold 14,306 shares from its account. In a trade valued at $9,485,021, the President and CEO traded KLA Corp shares for $663.01 each. Upon closing the transaction, the insider’s holdings decreased to 14,306 shares, worth approximately $63.24 million.
As published in a research note from Needham on January 13, 2025, KLA Corp [KLAC] has been rated up from a Hold to a Buy and the price target has been revised to $750. Analysts at Oppenheimer upgraded the stock from ‘”a Perform”‘ to ‘”an Outperform”‘ outlook in a report released in late October. As of October 31, 2024, TD Cowen has reiterated its “Hold” rating for KLAC. Earlier on September 25, 2024, Oppenheimer initiated its rating. Their recommendation was “a Perform” for KLAC stock.
Analyzing KLAC Stock Performance
During the last five days, there has been a drop of approximately -2.30%. Over the course of the year, KLA Corp shares have jumped approximately 11.09%. Shares of the company reached a 52-week high of $794.00 on 02/20/25 and a 52-week low of $631.89 on 01/02/25. A 50-day SMA is recorded $728.62, while a 200-day SMA reached $734.16.
Support And Resistance Levels for KLA Corp (KLAC)
According to the 24-hour chart, there is a support level at 692.29, which, if violated, would cause prices to drop to 684.58. In the upper region, resistance lies at 707.42. The next price resistance is at 714.84. RSI (Relative Strength Index) is 46.23 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 6.03, which suggests the price will increase in the coming days. Percent R is at 43.17%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
