KLA Corp EVP Higgins Sells 2301 Shares for $2.04mln at $878.53/Share.

KLA Corporation (KLAC) has announced that EVP and Chief Financial Officer Bren D. Higgins has sold 2,301 shares at $878.53 per share on August 20, 2025.

KLA Corporation (KLAC), a leading provider of process control and yield management solutions for the semiconductor industry, has seen recent updates in its shareholder structure and market performance. The latest development involves the sale of shares by EVP and Chief Financial Officer Bren D. Higgins, which has sparked interest among investors.

On August 20, 2025, Bren D. Higgins sold 2,301 shares of KLA Corporation at an average price of $878.53 per share. This transaction represents a significant sale, totaling approximately $2,020,633. The sale comes amid a period of increased institutional investment in the company, with several hedge funds and investment groups increasing their stakes in the first quarter of 2025 [1]. Kovitz Investment Group Partners LLC, for instance, raised its stake by 42.9%, acquiring an additional 1,371 shares [1].

The company's stock has experienced volatility in recent months. On July 2, 2025, KLAC stock declined by 8.22% to $876.90 due to an earnings warning from Applied Materials (AMAT) [2]. Applied Materials' guidance for net sales fell short of expectations, raising concerns about the semiconductor equipment sector. KLA, which derives 33% of its revenue from China, is particularly vulnerable to policy changes and sales downturns in the region [2].

Despite the recent decline, KLA maintains a strong financial position. The company reported strong quarterly earnings of $9.38 per share, exceeding analyst expectations, and announced a dividend of $1.90 per share to be paid in September [1]. Analysts have also reassessed their ratings for KLAC, with several research firms upgrading their price targets and ratings [1].

In related news, the company declared a share buyback program on April 30, 2025, authorizing the purchase of up to $5.00 billion in outstanding shares. This move is often seen as a sign of confidence in the company's stock valuation [1].

Overall, the latest developments at KLA Corporation highlight the ongoing interest and investment in the semiconductor equipment sector. As the company navigates geopolitical uncertainties and industry challenges, investors should closely monitor its financial performance and market reactions.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-kla-corporation-klac-stake-raised-by-kovitz-investment-group-partners-llc-2025-08-18/
[2] https://www.ainvest.com/news/kla-corp-stock-dips-earnings-warning-applied-materials-2508/