Is KLA-Tencor (KLAC) Stock a Sell after Ahmad Khan’s Insider Sale?; Irhythm Tech (IRTC) SI Increased By 9.89%

After the publishing of a public document filled with U.S. Security & Exchange Commission; a insider trade became apparent. The EVP of Kla Tencor Corp, Ahmad Khan; did a deal in the open market by selling 2,975 shares at the avg market share price which was $99.7 of the firm valued at near $296,637 USD. Today, Ahmad Khan owns 60,627 shares which are about 0.04% of the company’s total market cap (Market Capitalization is a measurement of business value based on share price and number of shares outstanding).

Irhythm Tech Incorporated (NASDAQ:IRTC) had an increase of 9.89% in short interest. IRTC’s SI was 1.56M shares in February as released by FINRA. Its up 9.89% from 1.42M shares previously. With 203,400 avg volume, 8 days are for Irhythm Tech Incorporated (NASDAQ:IRTC)’s short sellers to cover IRTC’s short positions. The SI to Irhythm Tech Incorporated’s float is 17.66%. The stock decreased 0.69% or $0.41 during the last trading session, reaching $59.06. About 200,487 shares traded. iRhythm Technologies, Inc. (NASDAQ:IRTC) has 0.00% since February 14, 2017 and is . It has underperformed by 16.70% the S&P500.

KLA-Tencor Corporation designs, manufactures, and markets process control and yield management solutions for the semiconductor and related nano-electronics industries worldwide. The company has market cap of $16.32 billion. It offers chip manufacturing products, such as front-end defect inspection tools, defect review systems, advanced packaging process control systems, metrology solutions, in-situ process monitoring products, and lithography software; wafer manufacturing products comprising wafer manufacturing products comprising surface and defect inspection, wafer geometry and nanotopography metrology, and data management; and reticle manufacturing products, such as defect inspection and pattern placement metrology products. It has a 25.05 P/E ratio. The firm also provides light emitting diode , power device, and compound semiconductor manufacturing products consisting of patterned wafer inspection, defect inspection, surface metrology, and data management products; thin-film head metrology and inspection, virtual lithography, in-situ process monitoring, transparent and metal substrate inspection, and data management products for data storage media/head manufacturing; and stylus and optical profiling, and optical inspection products for microelectromechanical systems manufacturing, as well as products for general purpose/lab applications.

Since August 15, 2017, it had 0 insider purchases, and 15 selling transactions for $4.31 million activity. On Tuesday, August 15 the insider WALLACE RICHARD P sold $3.40 million. Another trade for 1,025 shares valued at $96,073 was made by Bell Bobby R on Wednesday, September 6. On Thursday, February 1 the insider Trafas Brian M. sold $123,245. $273,125 worth of KLA-Tencor Corporation (NASDAQ:KLAC) was sold by Higashi Emiko on Thursday, January 18. $275,529 worth of KLA-Tencor Corporation (NASDAQ:KLAC) shares were sold by Lorig Brian. $91,500 worth of KLA-Tencor Corporation (NASDAQ:KLAC) was sold by Little Teri A. on Thursday, August 17. Kirloskar Virendra A had sold 1,020 shares worth $95,605 on Wednesday, September 6.

Among 19 analysts covering KLA-Tencor Corporation (NASDAQ:KLAC), 12 have Buy rating, 0 Sell and 7 Hold. Therefore 63% are positive. KLA-Tencor Corporation has $151.0 highest and $51 lowest target. $109.60’s average target is 5.17% above currents $104.21 stock price. KLA-Tencor Corporation had 57 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Strong Buy” rating by Needham given on Wednesday, December 14. The company was upgraded on Monday, August 29 by Cowen & Co. On Thursday, October 22 the stock rating was downgraded by Piper Jaffray to “Neutral”. The stock of KLA-Tencor Corporation (NASDAQ:KLAC) has “Strong Buy” rating given on Friday, January 27 by Needham. Needham upgraded KLA-Tencor Corporation (NASDAQ:KLAC) rating on Friday, October 7. Needham has “Buy” rating and $84 target. On Tuesday, September 22 the stock rating was upgraded by Nomura to “Buy”. The rating was maintained by RBC Capital Markets with “Sector Perform” on Thursday, October 22. On Thursday, October 6 the stock rating was upgraded by B. Riley & Co to “Buy”. The rating was downgraded by Citigroup on Tuesday, July 28 to “Sell”. The firm earned “Market Perform” rating on Friday, July 31 by Cowen & Co.

Investors sentiment decreased to 1.01 in Q3 2017. Its down 0.23, from 1.24 in 2017Q2. It is negative, as 47 investors sold KLA-Tencor Corporation shares while 165 reduced holdings. 57 funds opened positions while 158 raised stakes. 139.45 million shares or 0.69% more from 138.49 million shares in 2017Q2 were reported. Winch Advisory Ser Ltd Liability has 728 shares. Hillsdale Inv Mgmt Inc invested 0.06% in KLA-Tencor Corporation (NASDAQ:KLAC). Commonwealth Of Pennsylvania Public School Empls Retrmt stated it has 12,755 shares. Harber Asset Management Limited Liability holds 1.36% of its portfolio in KLA-Tencor Corporation (NASDAQ:KLAC) for 34,843 shares. Guardian Life Commerce Of America stated it has 0.01% of its portfolio in KLA-Tencor Corporation (NASDAQ:KLAC). Dupont Capital Corporation reported 9,427 shares. Ww Asset Management reported 15,560 shares. Louisiana State Employees Retirement has invested 0.05% in KLA-Tencor Corporation (NASDAQ:KLAC). Andra Ap invested in 0.1% or 40,900 shares. Schroder Investment Grp reported 262,500 shares. Sei Investments Com, a Pennsylvania-based fund reported 195,495 shares. State Bank Of Ny Mellon owns 1.42M shares. Freestone Ltd Com, Washington-based fund reported 47,145 shares. Catalyst Cap Ltd holds 0.17% of its portfolio in KLA-Tencor Corporation (NASDAQ:KLAC) for 35,726 shares. Alpha Cubed Investments Limited Liability Com holds 0.18% or 11,261 shares.

The stock increased 0.29% or $0.3 during the last trading session, reaching $104.21. About 2.04M shares traded or 30.50% up from the average. KLA-Tencor Corporation (NASDAQ:KLAC) has risen 49.94% since February 14, 2017 and is uptrending. It has outperformed by 33.24% the S&P500.