Why KLA stock fell 4.6% today | Quiver Quantitative

KLA Corporation (KLAC) is down 4.6% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears to be driven mainly by a broader semiconductor-equipment selloff rather than a new company-specific setback. This could be because investors turned more cautious on AI-related chip spending and on rising competitive pressure in parts of the semiconductor supply chain, which hit equipment names across the group.

Details:

KLA’s investor relations site does not show a fresh negative corporate announcement today; its recent updates include an October 1 notice for a first-quarter fiscal 2027 earnings call scheduled for October 28.

Peer chip-equipment stocks were also weak during the session, with Applied Materials falling more sharply, Lam Research down by a similar amount to KLA, and ASML also trading lower, pointing to sector-wide pressure.

The broader semiconductor trade was under pressure as investors reassessed whether AI infrastructure spending can keep supporting elevated valuations and whether financing conditions could become less favorable.

Another issue weighing on sentiment was concern that Chinese memory-chip progress could increase competition in parts of the chip market, adding pressure to semiconductor shares beyond KLA specifically.

Sources:

Reuters, KLA, SEC

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 Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$KLAC Hedge Fund Activity

We have seen 1,232 institutional investors add shares of $KLAC stock to their portfolio, and 1,060 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 Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative 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 Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative 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 Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative 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 Quiver Quantitative'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 Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.