KLA Corp’s recently made public that its EVP & Chief Financial Officer Higgins Bren D. unloaded Company’s shares for reported $5.08 million on Mar 25 ’25. In the deal valued at $724.62 per share,7,008 shares were sold. As a result of this transaction, Higgins Bren D. now holds 28,798 shares worth roughly $19.58 million.
Then, Higgins Bren D. bought 7,008 shares, generating $5,078,137 in total proceeds.
Before that, WALLACE RICHARD P sold 14,306 shares. KLA Corp shares valued at $9,485,021 were divested by the President and CEO at a price of $663.01 per share. As a result of the transaction, WALLACE RICHARD P now holds 90,347 shares, worth roughly $61.42 million.
Morgan Stanley upgraded its KLA Corp [KLAC] rating to an Overweight from a an Equal-weight in a research note published on March 31, 2025; the price target was increased to $870 from $748. A number of analysts have revised their coverage, including Jefferies’s analysts, who decreased its forecast for the stock in late March from “a Buy” to “a Hold”. Needham also remained covering KLAC and has increased its forecast on January 13, 2025 with a “Buy” recommendation from previously “Hold” rating. Oppenheimer revised its rating on October 31, 2024. It rated KLAC as “an Outperform” which previously was an “a Perform”.
Price Performance Review of KLAC
On Monday, KLA Corp [NASDAQ:KLAC] saw its stock jump 0.92% to $679.80. Over the last five days, the stock has lost -6.59%. KLA Corp shares have risen nearly 7.88% since the year began. Nevertheless, the stocks have fallen -2.45% over the past one year. While a 52-week high of $896.32 was reached on 02/20/25, a 52-week low of $609.40 was recorded on 01/02/25. SMA at 50 days reached $726.41, while 200 days put it at $732.96.
Levels Of Support And Resistance For KLAC Stock
The 24-hour chart illustrates a support level at 663.10, which if violated will result in even more drops to 646.40. On the upside, there is a resistance level at 688.82. A further resistance level may holdings at 697.84. The Relative Strength Index (RSI) on the 14-day chart is 41.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -19.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.42%. Stochastics %K at 37.27% indicates the stock is a holding.
How much short interest is there in KLA Corp?
A steep rise in short interest was recorded in KLA Corp stocks on 2025-03-14, growing by 0.54 million shares to a total of 3.4 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.86 million shares. There was a rise of 15.9%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 31, 2024 when TD Cowen resumed its ‘”a Hold”‘ rating for the stock and retained the price target to $725.
