WALLACE RICHARD P, an insider at KLA Corp (KLAC), executed a significant sale of 81,211 shares on November 10, 2025, at a price of $1,203.10 per share. This transaction totaled approximately $97.70 million. Following this sale, WALLACE RICHARD P retains 81,211 shares in the company.
KLA Corp, headquartered in Milpitas, California, is a key player in the semiconductor industry, providing process control and yield management solutions. The company supports the research and development and manufacturing of integrated circuits, wafers, and reticles, employing around 15,000 full-time staff. Notably, KLA's market capitalization stands at $152.1 billion, with a P/E ratio of 35.90 and an EPS of 31.85.
Insider selling can occur for various reasons, such as diversification or personal financial needs. While such transactions merit attention, they do not inherently indicate negative sentiment towards the company. Investors are encouraged to consider broader patterns of insider activity across multiple executives rather than focusing solely on isolated transactions.
This update provides insight into the transparency of insider dealings, as such transactions must be reported to the SEC. KLA Corp's upcoming earnings report is scheduled for July 28, 2026, with an estimated EPS of $9.30 and revenue expectations of $3.4 billion.