Wells Fargo Upgrades KLA Corp (KLAC) to an Overweight from an Equal weight

Samantha Gray

KLA Corp’s filing revealed that its EVP & Chief Financial Officer Higgins Bren D. unloaded Company’s shares for reported $2.79 million on Dec 16 ’25. In the deal valued at $1237.01 per share,2,254 shares were sold. As a result of this transaction, Higgins Bren D. now holds 32,154 shares worth roughly $50.41 million.

Then, Higgins Bren D. bought 2,254 shares, generating $2,788,221 in total proceeds.

Before that, WALLACE RICHARD P sold 10,803 shares. KLA Corp shares valued at $12,997,089 were divested by the President and CEO at a price of $1203.10 per share. As a result of the transaction, WALLACE RICHARD P now holds 81,211 shares, worth roughly $127.32 million.

Wells Fargo upgraded its KLA Corp [KLAC] rating to an Overweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in mid January from “an Equal-weight” to “an Overweight”. RBC Capital Mkts began covering KLAC with “Sector perform” recommendation on January 15, 2026. Bernstein started covering the stock on January 14, 2026. It rated KLAC as “an Outperform”.

Price Performance Review of KLAC

On Friday, KLA Corp [NASDAQ:KLAC] saw its stock jump 1.48% to $1567.82. Over the last five days, the stock has gained 11.99%. KLA Corp shares have risen nearly 118.89% since the year began. Nevertheless, the stocks have risen 29.03% over the past one year.

How much short interest is there in KLA Corp?

A steep rise in short interest was recorded in KLA Corp stocks on 2025-12-31, growing by 56598.0 shares to a total of 3.36 million shares. Yahoo Finance data shows the prior-month short interest on 2025-11-28 was 3.3 million shares. There was a rise of 1.68%, which implies that there is a positive sentiment for the stock.

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