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Insider Trends: Insider Disposition Eases Back 90-Day Buy Trend at KLA

· 02/05/2021 13:57

06:50 PM EST, 02/05/2021 (MT Newswires) -- Richard P Wallace, Director and President & CEO, on Feb 03, 2021, sold 4,216 shares in KLA (KLAC) for $1,271,546. Wallace, following the transactions disclosed in the Form 4 SEC filing, controls 86,088 shares of the company of which 76,906 shares are held directly and 9,182 shares are owned indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $25.3 million.

During the most recent 90-day period, previous to the date of this filing, there have been 27 insider transactions reported to the SEC for KLA. These transactions came from the activities of 7 different insiders that resulted in a net acquisition of 89,967 company shares. In the preceding 90-day window of time, there were 45 transactions from 14 insiders and resulted in the net disposition of 19,838 shares.

This is a lower level of transactions than the peer group average in the 3-company Semiconductor Testing Equipment & Service peer group over the last 90-day period. Within the peer group activity averaged 340.7 transactions per company, with company insiders acquiring on average 964,686 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/319201/000162828021001566/xslF345X03/wf-form4_161256887837991.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.