Rep. Lizzie Fletcher Sells Off Shares of KLA Corporation (NASDAQ:KLAC)

Representative Lizzie Fletcher (Democratic-Texas) recently sold shares of KLA Corporation (NASDAQ:KLAC). In a filing disclosed on May 01st, the Representative disclosed that they had sold between $1,001 and $15,000 in KLA stock on April 8th. The trade occurred in the Representative’s “FILER BROKERAGE ACCOUNT (CB)” account.

Representative Lizzie Fletcher also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 4/8/2026.
• Sold $1,001 – $15,000 in shares of Eaton (NYSE:ETN) on 4/8/2026.
• Sold $1,001 – $15,000 in shares of McKesson (NYSE:MCK) on 4/8/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 4/8/2026.
• Sold $1,001 – $15,000 in shares of JPMorgan Chase & Co. (NYSE:JPM) on 4/8/2026.
• Sold $1,001 – $15,000 in shares of Quanta Services (NYSE:PWR) on 4/8/2026.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 4/8/2026.
• Sold $1,001 – $15,000 in shares of Ameriprise Financial (NYSE:AMP) on 4/8/2026.
• Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 4/8/2026.
• Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 4/8/2026.

KLA Stock Performance

Shares of NASDAQ:KLAC opened at $1,726.26 on Friday. The firm’s 50 day simple moving average is $1,586.36 and its 200-day simple moving average is $1,391.30. The company has a debt-to-equity ratio of 1.01, a quick ratio of 2.00 and a current ratio of 3.03. KLA Corporation has a one year low of $675.27 and a one year high of $1,939.36. The firm has a market cap of $226.28 billion, a PE ratio of 48.86, a price-to-earnings-growth ratio of 3.29 and a beta of 1.50.

KLA (NASDAQ:KLAC) last announced its quarterly earnings results on Wednesday, April 29th. The semiconductor company reported $9.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.17 by $0.23. KLA had a return on equity of 91.89% and a net margin of 35.66%.The firm had revenue of $3.42 billion during the quarter, compared to analyst estimates of $3.37 billion. During the same quarter in the previous year, the business earned $8.41 earnings per share. KLA’s quarterly revenue was up 11.5% on a year-over-year basis. KLA has set its Q4 2026 guidance at 8.870-10.870 EPS. As a group, equities analysts predict that KLA Corporation will post 36.81 EPS for the current year.

KLA Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Tuesday, February 17th were paid a $1.90 dividend. This represents a $7.60 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Tuesday, February 17th. KLA’s dividend payout ratio is currently 21.51%.

KLA declared that its Board of Directors has approved a share buyback program on Thursday, March 12th that authorizes the company to buyback $7.00 billion in outstanding shares. This buyback authorization authorizes the semiconductor company to repurchase up to 3.7% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board believes its stock is undervalued.

Institutional Investors Weigh In On KLA

A number of hedge funds have recently made changes to their positions in KLAC. Basepoint Wealth LLC bought a new stake in KLA during the fourth quarter valued at about $32,000. Hilton Head Capital Partners LLC bought a new position in KLA in the fourth quarter worth about $41,000. Arlington Trust Co LLC lifted its position in shares of KLA by 125.0% during the third quarter. Arlington Trust Co LLC now owns 36 shares of the semiconductor company’s stock valued at $39,000 after buying an additional 20 shares during the last quarter. Triumph Capital Management purchased a new stake in shares of KLA during the third quarter valued at about $40,000. Finally, Steigerwald Gordon & Koch Inc. bought a new stake in shares of KLA in the 3rd quarter valued at about $43,000. 86.65% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting KLA

Here are the key news stories impacting KLA this week:

• Positive Sentiment: PineStone Asset Management opened a large new position in KLAC — about $151.7M worth of shares reported in a recent 13F, signalling institutional conviction and incremental demand for the stock. PineStone opens new $151.7M KLAC position
• Positive Sentiment: Multiple sell‑side firms raised price targets (Needham, Wells Fargo, JPMorgan, Stifel, Berenberg, Argus among others), lifting medium‑term analyst sentiment and signaling upside to consensus. This supports longer-term conviction despite near-term volatility. Stifel raises KLAC price target
• Neutral Sentiment: KLA reported Q3 results that beat EPS and revenue estimates and issued above‑consensus guidance tied to AI‑driven chip demand — a fundamental positive, but one that already appears partly baked into expectations. Q3 earnings transcript / results
• Negative Sentiment: Despite the beat and bullish guidance, the stock fell after the release as some investors/analysts said the outlook or cadence didn’t clear a higher bar — short‑term disappointment drove selling. Stock tumbles after earnings despite beat
• Negative Sentiment: Insider selling: recent open‑market sales by the CEO and CFO (multi‑million dollar disposals) add to near‑term selling pressure and may worry some investors about timing of exits. QuiverQuant fund & insider update

Analyst Ratings Changes

KLAC has been the subject of a number of research analyst reports. Zacks Research lowered KLA from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Sanford C. Bernstein raised their price target on KLA from $1,835.00 to $1,875.00 and gave the company an “outperform” rating in a research note on Thursday. New Street Research lifted their price objective on KLA from $1,460.00 to $1,770.00 and gave the company a “neutral” rating in a report on Wednesday. JPMorgan Chase & Co. upped their price objective on shares of KLA from $1,950.00 to $2,000.00 and gave the stock an “overweight” rating in a research note on Thursday. Finally, Jefferies Financial Group increased their target price on shares of KLA from $1,700.00 to $2,000.00 and gave the stock a “buy” rating in a report on Thursday. Twenty analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,798.30.

About Representative Fletcher

Lizzie Pannill Fletcher (Democratic Party) is a member of the U.S. House, representing Texas’ 7th Congressional District. She assumed office on January 3, 2019. Her current term ends on January 3, 2027.

Fletcher (Democratic Party) ran for re-election to the U.S. House to represent Texas’ 7th Congressional District. She won in the general election on November 5, 2024.

Lizzie Pannill Fletcher was born and lives in Houston, Texas. She graduated from St. John’s School. She earned a bachelor’s degree in history from Kenyon College and a J.D. from William & Mary Law School. Fletcher’s career experience includes working as a lawyer. She co-founded Planned Parenthood Young Leaders in 2000. Fletcher serves as a board member of Writers in the Schools and Open Dance Project.

KLA Company Profile

KLA is a provider of process control and yield management solutions for the semiconductor and related microelectronics industries. The company designs and manufactures equipment, software and services used by chipmakers to analyze and control manufacturing processes, detect defects, measure critical dimensions and improve yield across wafer fabrication, photomask and packaging operations. KLA’s offerings are aimed at enabling production of advanced logic, memory, and specialty devices at progressively smaller technology nodes and more complex package structures.

Its product portfolio includes optical and e-beam inspection systems, metrology tools for critical dimension and film measurement, mask and reticle inspection platforms, as well as enterprise software and data analytics that aggregate process data and drive automated process control.