KLA falls as chip-equipment stocks weaken on sector pressure and China risk concerns

2026-11-13

Investivoq PriceTracker

KLA Corporation (KLAC) is down 5.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears to be driven more by broad semiconductor-equipment weakness than by a new company-specific setback. This could be because investors are reacting to a tech-led risk-off session, renewed concern about China-related chip export restrictions, and KLA’s sizable exposure to customers in China.

Details:

KLA’s most recent quarterly update in late October showed strong results, including revenue of $4.14 billion and guidance that was above prior expectations, so today’s drop does not appear tied to a fresh earnings miss.

Semiconductor and AI-linked stocks were under pressure in Friday trading as Treasury yields stayed elevated and investors pulled back from higher-valuation technology names.

New Washington headlines around possible tighter controls on chip exports to China added another layer of pressure to the semiconductor complex.

KLA is especially sensitive to that issue because its quarterly filing showed China accounted for 34.5% of revenue in the September 2026 quarter, and the company lists U.S. Commerce rules affecting China sales as a business risk.

Sources:

SEC, AP News, Applied Materials Investor Relations

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$KLAC Insider Trading Activity

$KLAC insiders have traded $KLAC stock on the open market 17 times in the past 6 months. Of those trades, 0 have been purchases and 17 have been sales.

Here’s a breakdown of recent trading of $KLAC stock by insiders over the last 6 months:

RICHARD P WALLACE (President and CEO) has made 0 purchases and 4 sales selling 236,113 shares for an estimated $50,518,531.
BREN D. HIGGINS (EVP & Chief Financial Officer) has made 0 purchases and 2 sales selling 59,201 shares for an estimated $13,970,783.
BRIAN LORIG (EVP, KLA Global Services) sold 59,586 shares for an estimated $12,401,634
MARY BETH WILKINSON (EVP, CLO and Secretary) has made 0 purchases and 4 sales selling 41,589 shares for an estimated $8,174,094.
AHMAD A. KHAN (President, Semi. Prod. & Cust.) sold 33,180 shares for an estimated $6,601,161
VIRENDRA A KIRLOSKAR (SVP & Chief Accounting Officer) has made 0 purchases and 5 sales selling 9,199 shares for an estimated $1,815,813.

To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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$KLAC Hedge Fund Activity

We have seen 1,109 institutional investors add shares of $KLAC stock to their portfolio, and 1,294 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. removed 10,416,170 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $2,030,424,018
NORGES BANK removed 5,012,585 shares (-20.4%) from their portfolio in Q2 2026, for an estimated $1,512,347,020
CAPITAL INTERNATIONAL INVESTORS removed 4,177,204 shares (-11.7%) from their portfolio in Q3 2026, for an estimated $814,262,375
FMR LLC removed 4,109,264 shares (-9.6%) from their portfolio in Q3 2026, for an estimated $801,018,831
ASSENAGON ASSET MANAGEMENT S.A. added 3,959,927 shares (+239.3%) to their portfolio in Q3 2026, for an estimated $771,908,570
ALLIANCEBERNSTEIN L.P. added 3,276,252 shares (+78.1%) to their portfolio in Q2 2026, for an estimated $988,477,990
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 3,200,394 shares (-40.4%) from their portfolio in Q2 2026, for an estimated $965,590,873

To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

$KLAC Government Contracts

We have seen $137,337 of award payments to $KLAC over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

VIBRATING SAMPLE MAGNETOMETER (VSM) PREVENTIVE MAINTENANCE AND CALIBRATION (PMC): $6,860

To track government contracts to publicy traded companies, check out Investivoq's government contracts dashboard. You can access data on government contracts through the Investivoq API government contracts endpoint.

$KLAC Congressional Stock Trading

Members of Congress have traded $KLAC stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $KLAC stock by members of Congress over the last 6 months:

REPRESENTATIVE MICHAEL A. RULLI purchased up to $15,000 on 07/01.

To track congressional stock trading, check out Investivoq's congressional trading dashboard. You can access data on congressional stock trades through the Investivoq API Congress trades endpoint.

$KLAC Price Targets

Multiple analysts have issued price targets for $KLAC recently. We have seen 7 analysts offer price targets for $KLAC in the last 6 months, with a median target of $317.0.

Here are some recent targets:

Krish Sankar from TD Cowen set a target price of $260.0 on 07/09/2026
Shane Brett from Morgan Stanley set a target price of $274.0 on 07/06/2026
C.J. Muse from Cantor Fitzgerald set a target price of $325.0 on 06/29/2026
Vivek Arya from B of A Securities set a target price of $317.0 on 06/23/2026
Joseph Quatrochi from Wells Fargo set a target price of $305.0 on 06/22/2026
Tom O'Malley from Barclays set a target price of $2250.0 on 06/11/2026
Timothy Arcuri from UBS set a target price of $2180.0 on 06/09/2026

This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.