KLA-Tencor Corporation (NASDAQ:KLAC) insider Bobby R. Bell sold 4,236 shares of the firm’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $105.51, for a total value of $446,940.36. Following the sale, the insider now directly owns 8,908 shares of the company’s stock, valued at $939,883.08. The transaction was disclosed in a document filed with the SEC, which is available through this link.

KLA-Tencor Corporation (NASDAQ:KLAC) opened at 101.67 on Friday. The company has a 50 day moving average price of $96.93 and a 200-day moving average price of $97.64. KLA-Tencor Corporation has a 52 week low of $70.72 and a 52 week high of $109.59. The company has a market capitalization of $15.95 billion, a P/E ratio of 17.29 and a beta of 1.68.

KLA-Tencor Corporation (NASDAQ:KLAC) last issued its quarterly earnings results on Thursday, July 27th. The semiconductor company reported $1.64 EPS for the quarter, beating the consensus estimate of $1.59 by $0.05. KLA-Tencor Corporation had a return on equity of 88.61% and a net margin of 26.61%. The firm had revenue of $938.60 million during the quarter, compared to analysts’ expectations of $923.80 million. During the same period in the prior year, the firm posted $1.77 earnings per share. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. On average, equities analysts anticipate that KLA-Tencor Corporation will post $6.70 earnings per share for the current fiscal year.

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A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Eqis Capital Management Inc. boosted its position in KLA-Tencor Corporation by 80.1% during the third quarter. Eqis Capital Management Inc. now owns 14,444 shares of the semiconductor company’s stock valued at $1,531,000 after purchasing an additional 6,424 shares during the last quarter. Navellier & Associates Inc boosted its position in KLA-Tencor Corporation by 1.2% during the second quarter. Navellier & Associates Inc now owns 2,495 shares of the semiconductor company’s stock valued at $228,000 after purchasing an additional 30 shares during the last quarter. USA Financial Portformulas Corp boosted its position in KLA-Tencor Corporation by 76.9% during the second quarter. USA Financial Portformulas Corp now owns 71,741 shares of the semiconductor company’s stock valued at $6,565,000 after purchasing an additional 31,195 shares during the last quarter. Toronto Dominion Bank boosted its position in KLA-Tencor Corporation by 25.6% during the second quarter. Toronto Dominion Bank now owns 53,105 shares of the semiconductor company’s stock valued at $4,858,000 after purchasing an additional 10,813 shares during the last quarter. Finally, Oak Associates Ltd. OH boosted its position in KLA-Tencor Corporation by 3.7% during the second quarter. Oak Associates Ltd. OH now owns 503,548 shares of the semiconductor company’s stock valued at $46,080,000 after purchasing an additional 18,101 shares during the last quarter. 89.16% of the stock is owned by hedge funds and other institutional investors.

A number of equities research analysts have recently weighed in on KLAC shares. UBS AG reaffirmed a “neutral” rating and set a $110.00 price target on shares of KLA-Tencor Corporation in a research note on Tuesday, June 13th. BidaskClub downgraded KLA-Tencor Corporation from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 16th. Stifel Nicolaus reaffirmed a “hold” rating and set a $102.00 price target (up from $92.00) on shares of KLA-Tencor Corporation in a research note on Monday, June 19th. Susquehanna Bancshares Inc reaffirmed a “reduce” rating and set a $65.00 price target on shares of KLA-Tencor Corporation in a research note on Wednesday, June 28th. Finally, Cowen and Company reaffirmed a “buy” rating and set a $120.00 price target on shares of KLA-Tencor Corporation in a research note on Tuesday, July 11th. Three analysts have rated the stock with a sell rating, six have given a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $99.68.

About KLA-Tencor Corporation

KLA-Tencor Corporation (KLA-Tencor) is a supplier of process control and yield management solutions for the semiconductor and related nanoelectronics industries. The Company’s products are also used in a number of other high technology industries, including the light emitting diode (LED) and data storage industries, as well as general materials research.

Insider Buying and Selling by Quarter for KLA-Tencor Corporation (NASDAQ:KLAC)

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