KLA Slips as Valuation Reset and Chip-Sector Pause Weigh on Shares

KLA Corporation (KLAC) is down 3.7% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be a mix of valuation pressure and a broader pause in semiconductor stocks rather than a new negative company announcement. An analyst price-target cut focused on valuation came out today, while chip shares were described as pulling back after a strong early-October run. ([investing.com](https://www.investing.com/news/analyst-ratings/morgan-stanley-cuts-kla-stock-price-target-on-valuation-concerns-93CH-4934052))

Details:

Sources:

Investing.com, Yahoo Finance, KLA 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 16 times in the past 6 months. Of those trades, 0 have been purchases and 16 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 3 sales selling 164,099 shares for an estimated $39,787,004.
• 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.

$KLAC Hedge Fund Activity

We have seen 1,245 institutional investors add shares of $KLAC stock to their portfolio, and 1,038 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• INVESCO LTD. added 28,230,992 shares (+169.9%) to their portfolio in Q2 2026, for an estimated $8,517,572,596
• NORGES BANK added 19,565,355 shares (+inf%) to their portfolio in Q2 2026, for an estimated $5,903,063,257
• SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 10,416,170 shares (+inf%) to their portfolio in Q2 2026, for an estimated $3,142,662,650
• CAPITAL INTERNATIONAL INVESTORS added 8,276,836 shares (+30.3%) to their portfolio in Q2 2026, for an estimated $2,497,204,189
• JPMORGAN CHASE & CO added 6,185,265 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,866,156,303
• CAPITAL WORLD INVESTORS added 4,477,421 shares (+11.0%) to their portfolio in Q2 2026, for an estimated $1,350,882,689
• PRIMECAP MANAGEMENT CO/CA/ removed 3,839,740 shares (-15.8%) from their portfolio in Q2 2026, for an estimated $1,158,487,955

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 $117,640 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 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 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.
• REPRESENTATIVE LIZZIE FLETCHER sold up to $15,000 on 04/08.

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 Analyst Ratings

Wall Street analysts have issued reports on $KLAC in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

• Wells Fargo issued a "Overweight" rating on 04/30/2026

To track analyst ratings and price targets for $KLAC, check out Investivoq's $KLAC forecast page.

$KLAC Price Targets

Multiple analysts have issued price targets for $KLAC recently. We have seen 14 analysts offer price targets for $KLAC in the last 6 months, with a median target of $1787.5.

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.