KLA (NASDAQ:KLAC) Stock Bought Rep. Michael A. Rulli

Representative Michael A. Rulli (Republican-Ohio) recently bought shares of KLA Corporation (NASDAQ:KLAC). In a filing disclosed on August 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in KLA stock on July 1st. The trade occurred in the Representative’s “MERRILL LYNCH MANAGED ACCOUNT” account.

Representative Michael A. Rulli also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 8/6/2026.
• Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 7/1/2026.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/29/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 6/25/2026.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/25/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 6/25/2026.
• Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 6/25/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/25/2026.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 6/25/2026.

KLA Price Performance

Shares of NASDAQ KLAC traded up $7.49 during trading on Tuesday, hitting $200.23. The company had a trading volume of 1,343,021 shares, compared to its average volume of 11,584,646. KLA Corporation has a 52 week low of $83.22 and a 52 week high of $307.37. The business’s 50-day moving average is $223.60 and its 200 day moving average is $183.55. The company has a market cap of $261.56 billion, a P/E ratio of 54.80, a PEG ratio of 1.52 and a beta of 1.45. The company has a debt-to-equity ratio of 0.93, a quick ratio of 2.03 and a current ratio of 2.88.

KLA (NASDAQ:KLAC) last issued its earnings results on Tuesday, July 28th. The semiconductor company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.05. KLA had a return on equity of 87.66% and a net margin of 35.57%.The business had revenue of $3.66 billion for the quarter, compared to analysts’ expectations of $3.61 billion. During the same period in the previous year, the firm posted $0.94 EPS. The company’s quarterly revenue was up 15.2% on a year-over-year basis. KLA has set its Q1 2027 guidance at 1.060-1.260 EPS. Equities research analysts predict that KLA Corporation will post 5.42 earnings per share for the current fiscal year.

KLA Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be given a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 0.5%. This is a positive change from KLA’s previous quarterly dividend of $0.23. The ex-dividend date is Monday, August 17th. KLA’s dividend payout ratio (DPR) is presently 25.07%.

Hedge Funds Weigh In On KLA

Several institutional investors have recently bought and sold shares of the stock. Monetary Management Group Inc. raised its stake in shares of KLA by 0.4% in the 2nd quarter. Monetary Management Group Inc. now owns 3,773 shares of the semiconductor company’s stock valued at $3,380,000 after acquiring an additional 15 shares in the last quarter. Tandem Wealth Advisors LLC raised its position in shares of KLA by 1.6% in the second quarter. Tandem Wealth Advisors LLC now owns 1,043 shares of the semiconductor company’s stock valued at $934,000 after purchasing an additional 16 shares during the period. WFA of San Diego LLC acquired a new stake in shares of KLA in the second quarter worth $90,000. Captrust Financial Advisors boosted its holdings in shares of KLA by 13.8% during the 2nd quarter. Captrust Financial Advisors now owns 5,118 shares of the semiconductor company’s stock worth $4,584,000 after buying an additional 619 shares during the period. Finally, Seven Mile Advisory bought a new stake in shares of KLA during the 3rd quarter worth $444,000. 86.65% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CFO Bren D. Higgins sold 27,701 shares of KLA stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $265.69, for a total value of $7,359,878.69. Following the transaction, the chief financial officer directly owned 263,472 shares in the company, valued at approximately $70,001,875.68. The trade was a 9.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Richard P. Wallace sold 45,120 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $221.34, for a total value of $9,986,725.44. Following the transaction, the chief executive officer directly owned 713,830 shares of the company’s stock, valued at $157,996,990.71. This represents a 5.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 111,379 shares of company stock worth $26,154,182. Insiders own 91.48% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on KLAC. Citigroup restated a “buy” rating on shares of KLA in a report on Wednesday, June 17th. Morgan Stanley restated an “overweight” rating and set a $253.00 price objective on shares of KLA in a research report on Wednesday, July 29th. Oppenheimer reaffirmed an “outperform” rating and set a $260.00 target price (up from $200.00) on shares of KLA in a research note on Thursday, July 16th. UBS Group set a $240.00 price target on shares of KLA and gave the stock a “neutral” rating in a report on Monday, July 20th. Finally, Stifel Nicolaus set a $250.00 price objective on shares of KLA and gave the company a “buy” rating in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $223.70.

About Representative Rulli

Michael Rulli (Republican Party) is a member of the U.S. House, representing Ohio’s 6th Congressional District. He assumed office on June 25, 2024. His current term ends on January 3, 2027.

Rulli (Republican Party) is running for re-election to the U.S. House to represent Ohio’s 6th Congressional District. He declared candidacy for the 2026 election.

Michael Rulli graduated from Poland Seminary High School. He earned a degree from Emerson College. Rulli’s career experience includes working as the director of operations with Rulli Bros. Markets.

About KLA

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.